Real Madrid remain football’s top earners but Liverpool overtake Man Utd

AI Summary
In the 2024-25 season, Real Madrid topped Deloitte's Football Money League, published January 22, 2026, with €1.16 billion in revenue, driven by a 23% increase in commercial revenue. Barcelona ranked second with €975 million, followed by Bayern Munich and Paris St-Germain. Liverpool's revenue of €836 million placed them fifth, surpassing Manchester United as the highest-earning English club for the first time. Manchester United fell to eighth place with €793 million, their lowest position in the league's history, reflecting their 15th-place Premier League finish. The annual report ranks football clubs based on revenue generated from matchday, broadcast rights, and commercial activities.
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