Jose Mourinho.

Latest Deloitte Money League makes for good reading for English clubs

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Manchester United have dominated the headlines in the last 24 hours after finally completing their swoop for Arsenal talisman Alexis Sanchez. The Red Devil's pursuit of the Chilean star has been well publicized, with the astronomical wages on offer attracting the most attention.

However, after the Deloitte 'Money League' was published, it seems that if anyone can afford to pay a single player the whopping £450,000 per week Sanchez will be receiving, it would be the Old Trafford side.

United have once again been listed as the worlds top earners after raking in a staggering £581 million during the 2016-17 season. The Manchester side snuck in ahead of Spanish super club Real Madrid by just £1.5 million to top the list for an astounding tenth time as their Europa League triumph, which was worth £39 million, proved to be the crucial aspect in them holding off Madrid. There was some consolation for Madrid however, who managed to swap places on the list with fierce rivals Barcelona who dropped into third after being crowned Champions of Europe for the second year running. 

Bavarian giants Bayern Munich came in fourth while Manchester City rounded out the top five. French giants, Paris Saint Germain dropped to seventh behind London club Arsenal showing just how valuable the Premier League television revenues are.

Deloitte's Sports Business Group partner Dan Jones said in a statement: "United's ability to retain first position is all the more impressive against the backdrop of the weakened pound against the euro.

"With both Real Madrid and Barcelona forecasting further revenue growth in 2017-18, the battle at the top will likely come down to on-pitch performance again next year.

"With all three clubs through to the round of 16 of the Champions League, it may be as simple as the club that goes furthest in the competition will have the best chance of topping the Money League next year."

Unlike other studies to do with football finances, Deloitte exclude finances to do with player trading.

The Premier League is truly beginning to flex its financial muscles on the world footballing landscape after the likes of Everton (20) cracked the top twenty for the first time. In fact, English sides took nine of the twenty spots on the list. Tottenham Hotspur leapfrogged Borussia Dortmund in 11th while Chelsea and Liverpool held onto eigth and ninth spot respectively.

Southampton v Tottenham Hotspur - Premier League

Leicester City, who remarkably made it all the way to the final eight of the Champions League rocketed up from 20th to 14th while West Ham were the only other English club in the top twenty as they moved up one place into 17th.

With five English sides in the Champions League knock out stages, the Premier Leagues dominance may grow even further over the other rich kids of football.

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