Manchester United may have lost its place at the summit of the English Premier League in recent years, but it has returned to the top of the annual ranking of Europe’s richest football clubs for the first time in more than a decade.
According to Deloitte’s annual “money league” report, which analyses the accounts of the continent’s highest-earning clubs, Manchester United achieved record revenues of €689m in the 2015-16 season. The English club supplanted Spain’s Real Madrid, which had led the rankings for the previous 11 seasons but has slipped to third place, behind domestic rival FC Barcelona.
The three clubs have held the top three spots in the rankings in its 20-year history. Each reaped more than €600m in revenues last season, the first year in which any club has surpassed that figure.