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

• 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.

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.

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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.

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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.

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.

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