Real Madrid are football's biggest earners, Liverpool best in Premier League

MANCHESTER, England, Jan 22 : Real Madrid remained the biggest-earning club in world football during the 2024-25 season while Liverpool for the first time generated the most revenues in the Premier League, according to an annual financial list published on Thursday.

The Spanish club topped Deloitte's Football Money League with 1.16 billion euros ($1.36 billion) of revenue despite not winning either LaLiga or the Champions League.

The only club to make more than $1 billion in the past two seasons, Real Madrid benefited in 2024-25 from a whopping 23 per cent rise in commercial revenue - driven by merchandise and corporate partners - to 594 million euros, the Deloitte figures showed. 

Perennial rivals and reigning LaLiga champions Barcelona were the second highest earners with 975 million euros, back in the top three for the first time in five years. 

Bundesliga champions Bayern Munich ranked third with 861 million euros, ahead of Champions League winners Paris St-Germain on 837 million euros.

Liverpool's fifth place in the global money list, with 836 million euros of revenues from the season they won the Premier League, was the strongest performance of any English club in the 29-year history of the rankings. 

Manchester City dropped to sixth with 829 million euros, followed by this season's Premier League leaders Arsenal on 822 million. 

MANCHESTER UNITED'S SLIDE

Manchester United, who finished a lowly 15th in the Premier League last season, fell from fourth to eighth in revenues with 793 million euros - their lowest-ever position in the Money League that they have topped 10 times in the past. 

Deloitte noted that United's revenue outlook for the current season will worsen due to their absence from European competition and early