Real are football’s biggest earners, Liverpool top EPL despite mediocre seasons

Real Madrid maintained its position as the highest-earning football club globally for the 2024-25 season, generating €1.16 billion in revenue according to Deloitte's Football Money League. This marked the second consecutive season the club surpassed $1 billion in earnings, driven by a 23% surge in commercial revenue to €594 million from merchandise and partnerships, despite not winning La Liga or the Champions League.

Barcelona ranked second with €975 million in revenue, returning to the top three for the first time in five years as the reigning La Liga champions. Bayern Munich placed third with €861 million, followed by Champions League winners Paris St-Germain in fourth with €837 million.

Liverpool achieved its highest-ever ranking for an English club in the 29-year history of the list, placing fifth globally with €836 million in revenue from its Premier League-winning season. This also marked the first time Liverpool generated the most revenue within the Premier League itself.

Manchester City fell to sixth place with €829 million, while Arsenal, the current Premier League leaders, followed in seventh with €822 million. The report highlighted that Manchester United dropped to its lowest-ever position in the rankings, though the specific placement was not detailed in the provided summary.

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