10 Clubs With Most Revenue in 2022/23 Season, Exceeding €10B in Combined Value

10 Clubs With Most Revenue in 2022/23 Season, Exceeding €10B in Combined Value

Elijah Odetokun
updated at January 25, 2024 at 3:24 PM
In this article:
Real Madrid logo
Real Madrid
Spain
38
Manchester City logo
Manchester City
England
27
Paris Saint Germain (PSG) logo
PSG
France
35
Bayern Munich logo
Bayern Munich
Germany
39
Manchester United logo
Manchester United
England
31
Spanish La Liga logo
SPA La Liga
Spain
English Premier League logo
ENG Premier League
England
FC Barcelona logo
FC Barcelona
Spain
36
Chelsea logo
Chelsea
England
47
Tottenham Hotspur logo
Tottenham Hotspur
England
40
  • Real Madrid generated the most revenue in Europe in the 2022/23 season
  • They topped treble winners Manchester City, with around €5 million
  • Six Premier League clubs are in the top six, including Tottenham Hotspur

Real Madrid are the biggest club in Europe and, rightfully so, generated the most income in the 2022/23 season, even ahead of treble winners, Manchester City.

Six Premier League clubs are in the top 10, including Tottenham Hotspur, who ranked higher than billion-spenders Chelsea, while Manchester United are ahead of Liverpool, as the combined value of the top 10 exceeds €10 billion.

The European clubs that generated the most revenue in the 2022/23 season.
Real Madrid lead the list of European clubs that generated the most revenue during the 2023/23 season. Image: Visionhaus.
Source: Getty Images

Sports Brief looks at the top 10 clubs with the most revenue according to Deloitte Money League.

Top 10 clubs with the most revenue

Real Madrid - €831.4 million

La Liga giants Real Madrid grossed the highest revenue of €831.4 million.

Their revenue was boosted by the opening of the new Santiago Bernabeu, which increased matchday revenue and retail performance. Los Blancos’ revenue grew by €118 million.

Manchester City - €825.9 million

Pep Guardiola led Manchester City to a historic treble last year.

They were first in the previous year but fell to second despite their season on and off the pitch and an increase in revenue of €76mil. Per Reuters, a date has been set for a hearing into their alleged 115 FFP breaches.

Paris Saint-Germain - €801.8 million

The French giants broke into the top three for the first time after amassing a revenue of €801.8mil.

Their yearly revenue increased by €148 million, owing mainly to CVC's investment in Ligue 1, which earned the Ligue 1 champions €83.5 million.

FC Barcelona - €800.1 million

Barcelona moved three places up from seventh to fourth.

The Catalonia club was helped by record licensing and increased merchandise sales. They would have to keep this up to alleviate their financial woes.

Manchester United - €745.8 million

Manchester United’s lack of success on the pitch has not reduced their financial strength.

They are the second Premier League club with the most revenue at €745.8 million, behind their city rivals. British billionaire Sir Jim Ratcliffe acquired a 25% stake in the club.

Team

Country

League

Revenue

Bayern Munich

Germany

Bundesliga

€744 million

Liverpool

England

English Premier League

€682.9 million

Tottenham

England

English Premier League

€681.5 million

Chelsea

England

English Premier League

€589.4 million

Arsenal

England

English Premier League

€532.6 million

All information courtesy of Deloitte.

Serie A is the only top-five league with no club in the top 10. Juventus are the highest-ranked Italian club with a revenue of €432.4mil.

Why clubs aren't spending this January

Sports Brief analysed why clubs aren't spending on transfers this January window, as the month has seen limited activity with eight days to the end of the winter transfer period.

Top of the list of the reasons is financial fair play concerns with many clubs on the UEFA watchlist, while the Premier League sustainability rules are also bearing down the necks of English clubs.

Authors
Elijah Odetokun photo
Elijah Odetokun
Elijah Odetokun is Reuters-trained journalist with three years of experience having previously worked at Daily Times Nigeria, OmaSports and El Futbolero.