Real Madrid have held off rivals Barcelona to top football's rich list for the 11th consecutive year, as revealed by Deloitte's 2016 Money League rankings.
Manchester United are the highest-placed Premier League side but have dropped down to third after missing out on last season's Champions League. Five English sides are in the top ten, with Manchester City still sixth and Arsenal up to seventh thanks to topping the matchday revenue rankings.
Based on the 2014-15 season, Deloitte's list focuses on club revenue generated from ticket sales, broadcasting rights, competition bonuses and sponsorship. Club debts aren't taken into account.
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As the only top ten side who didn't take part in the Champions League, part of the reason for United's high position is their new ten-year Adidas deal, bringing in a £75 million annual windfall. Also, Chevrolet pay £53 million for kit sponsorship. Tim Bridge, senior manager at Deloitte, tips them to top the 2017 list.
"Despite a reduction in revenue year-on-year, the fact that Manchester United remain in the top three of the Money League demonstrates the underlying strength of the club's business model," Bridge said. "The return to Champions League football [in 2015/16], as well as the commencement of a number of significant commercial partnerships, will only strengthen the business in 2015/16. With this in mind, it would not be surprising to see United top next year's Money League for the first time in 12 years, with the club forecasting revenues of around £500m."
The top 20 brought in over £5 billion, as West Ham broke into the top 20 alongside Roma, whose revenues rose by more than 40%.
In fact, 17 Premier League sides sit in the top 30, with Leicester, West Brom and Crystal Palace all debuting. Next year's bumper television deal is expected to place all 20 in the 2017 list.
Dan Jones, partner in Deloitte's Sports Business Group, thinks the current top ten will have a stranglehold over future lists, due to "the €43.3m revenue gap between 10th and 11th place."
Here is the top 30 in full (with their 2014-15 revenue)
1) Real Madrid (€577m)
2) Barcelona (€560.8m)
3) Manchester United (€519.5m)
4) Paris Saint-Germain (€480.8m)
5) Bayern Munich (€474m)
6) Manchester City (€463.5m)
7) Arsenal (€435.5m)
8) Chelsea (€420m)
9) Liverpool (€391.8m)
10) Juventus (€323.9m)
11) Borussia Dortmund (€280.6m)
12) Tottenham Hotspur (€257.5m)
13) Schalke 04 (€219.7m)
14) AC Milan (€199.1m)
15) Atletico Madrid (€187.1m)
16) AS Roma (€180.4m)
17) Newcastle United (€169.3m)
18) Everton (€165.1m)
19) Inter Milan (€164.8m)
20) West Ham United (€160.9m)
21) Galatasaray (€159.1m)
22) Southampton (€149.5m)
23) Aston Villa (€148.8m)
24) Leicester City (€137.2m)
25) Sunderland (€132.9m)
26) Swansea City (€132.8m)
27) Stoke City (€130.9m)
28) Crystal Palace (€130.8m)
29) West Bromwich Albion (€126.6m)
30) Napoli (€125.5m)