Real Madrid knock Man City off top spot in Deloitte Money League

Manchester City won the Treble last season but have been knocked into second place in the Deloitte Money League.

City topped that particular table last year and enjoyed an amazing 2023 as they picked up five trophies through the year as well as achieving record revenues for a British club. However, that has only been good enough for the runners-up spot in the Deloitte table for this year as Real Madrid have risen to the top by accumulating €831m ahead of City's €826m.

Strong retail performance, higher stadium attendance following the redevelopment of the ground, and recovery of sponsorship income following the Covid-19 pandemic are all significant factors in Real Madrid adding an extra €118m to their revenues. Paris Saint-Germain, Barcelona and Manchester United complete the top five, while there are another three Premier League clubs in the top 10.

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While City may struggle to achieve the same level of success going forward given the historic nature of their 2023, the club also managed a considerable jump in commercial revenue last season up from £309m the previous year to £341m. With investment in Co-Op Live as well as the stadium and hotel plans, the club are confident that there is still plenty of room for growth.

Ferran Soriano, CEO of the City Football Group, predicted that the next decade for the club would be even better than the last when speaking in May ahead of the club's annual report. "Football does not stand still and other leading clubs continue to evolve and develop," he said.

"We therefore need to constantly challenge ourselves to improve upon what we