Deloitte Football Money League 2026: Financial Insights from Top Soccer Clubs

The 29th edition of the Deloitte Football Money League has been published, highlighting significant financial trends as clubs progress into 2026. Real Madrid maintains its position as the highest revenue-generating soccer club, while Barcelona has made a notable resurgence in the rankings. Conversely, Manchester United and Manchester City are facing challenges as they slip down the list.

In 2025, clubs collectively generated a record €12.4 billion in revenue, reflecting an 11% growth across the industry. The report provides an analysis of the top 20 clubs, including detailed revenue figures and year-on-year changes.

**Deloitte Football Money League 2026 – Top 20**
**Rank** | **Club** | **Revenue (2025)** | **Change on Previous Year**
1 | Real Madrid | €1,161 million | +11%
2 | Barcelona | €974.8 million | +27%
3 | Bayern Munich | €860.6 million | +12%
4 | Paris Saint-Germain | €837 million | +4%
5 | Liverpool | €836.1 million | +17%
6 | Manchester City | €829.3 million | -1%
7 | Arsenal | €821.7 million | +15%
8 | Manchester United | €793.1 million | +3%
9 | Tottenham | €672.6 million | +9%
10 | Chelsea | €584.1 million | +7%
11 | Inter | €537.5 million | +37%
12 | Borussia Dortmund | €531.3 million | +3%
13 | Atletico Madrid | €454.5 million | +11%
14 | Aston Villa | €450.2 million | +45%
15 | AC Milan | €410.4 million | +3%
16 | Juventus | €401.7 million | +13%
17 | Newcastle United | €398.4 million | +7%
18 | Stuttgart | €296.3 million | +79%
19 | Benfica | €283.4 million | +27%
20 | West Ham | €276 million | -14%

Real Madrid tops the list with a revenue of €1,161 million for 2025, a significant increase of 11% from the previous year. Barcelona follows closely with revenues of €974.8 million, while Bayern Munich secures the third spot with €860.6 million.

There has been considerable movement in the rankings, with Manchester City falling from second to sixth place, and Manchester United dropping from fourth to eighth—marking a historic low where they now rank below both Liverpool and Arsenal.

**Deloitte Football Money League 2026 Breakdown by League**
**Rank** | **League (Country)** | **Number of Clubs**
1 | Premier League (England) | 9
2 | La Liga (Spain) | 3
3 | Bundesliga (Germany) | 3
4 | Serie A (Italy) | 3
5 | Ligue 1 (France) | 1
6 | Primeira Liga (Portugal) | 1

The Premier League continues to dominate the top 20, with nearly half of the clubs represented. Alongside Liverpool, Manchester City, Manchester United, and Arsenal, other English clubs include Chelsea, Tottenham, Aston Villa, Newcastle, and West Ham. Atletico Madrid represents Spain alongside the Clasico rivals, while Borussia Dortmund and Stuttgart are Germany’s other representatives. Italy’s clubs include Inter, AC Milan, and Juventus, with PSG from France and Benfica from Portugal rounding out the list.

**Key Insights from the 2026 Deloitte Football Money League**
– Real Madrid remains the leader in football finance with revenues exceeding €1 billion for the second consecutive year.
– A record total of €12.4 billion in revenue was generated by Football Money League clubs.
– Premier League teams constitute the majority of the highest earners, with nine clubs making the top 20.
– Stuttgart shows the most significant revenue growth in the top 20, with a 79% increase to €296.3 million, followed by Aston Villa at 45% and Inter at 37%.
– Manchester City is the only club in the top 10 to report a decline in revenue compared to the previous year, down by 1%.
– Broadcast (€4.7 billion) and commercial (€5.3 billion) revenues remain the primary sources of income, while matchday revenue (€2.4 billion) continues to experience growth overall.