Deloitte Football Money League

The Deloitte Football Money League is a ranking of football clubs by revenue generated from football operations. It is produced annually by the accountancy firm Deloitte and released in early February of each year, describing the season most recently finished.

Summary performance timeline[edit]

The following table shows the clubs who have appeared in the rankings since the 1996–97 season, sorted by average annual rank, and drawn from the annual lists below.

Club	# Years	Most recent	Ave­rage rank	Best rank	1996–97	1997–98	1998–99	1999–2000	2000–01	2001–02	2002–03	2003–04	2004–05	2005–06	2006–07	2007–08	2008–09	2009–10	2010–11	2011–12	2012–13	2013–14	2014–15	2015–16	2016–17	2017–18	2018–19	2019–20	2020–21	2021–22	2022–23
Real Madrid	27	2022–23	2	1	3	2	3	2	6	6	4	2	1	1	1	1	1	1	1	1	1	1	1	3	2	1	2	2	2	2	1
Manchester United	27	2022–23	2.41	1	1	1	1	1	1	1	1	1	2	4	2	2	3	3	3	3	4	2	3	1	1	3	3	4	5	4	5
Barcelona	27	2022–23	4.33	1	2	6	6	8	12	9	13	7	6	2	3	3	2	2	2	2	2	4	2	2	3	2	1	1	4	7	4
Bayern Munich	27	2022–23	4.44	2	5	3	2	3	3	3	5	9	7	8	7	4	4	4	4	4	3	3	5	4	4	4	4	3	3	6	6
Chelsea	26	2022–23	7	4		9	4	7	10	7	10	4	5	6	4	5	6	6	6	5	7	7	8	8	8	8	9	8	8	8	9
Paris Saint-Germain	15	2022–23	7.87	3	13	15											21			10	5	5	4	6	7	6	5	7	6	5	3
Juventus	27	2022–23	7.93	2	4	4	5	5	2	2	2	5	4	3	12	11	8	10	13	13	9	10	10	10	10	11	10	10	9	11	11
Arsenal	27	2022–23	8.78	5	20	13	10	11	13	8	7	6	10	9	5	6	5	5	5	6	8	8	7	7	6	9	11	11	11	10	10
Manchester City	19	2022–23	8.89	1								16	17	17		21	19	11	12	7	6	6	6	5	5	5	6	6	1	1	2
Liverpool	27	2022–23	9.63	3	9	10	11	19	7	5	8	10	8	10	8	8	7	8	9	9	12	9	9	9	9	7	7	5	7	3	7
Milan	27	2022–23	10.52	3	6	7	7	4	4	4	3	3	3	5	6	7	10	7	7	8	10	12	14	16	22	18	21	30	19	16	13
Flamengo	1	1996–97	11	11	11
Internazionale	27	2022–23	11.67	6	10	8	9	9	11	12	6	8	9	7	9	10	9	9	8	11	15	17	20	19	15	14	14	14	14	14	14
Tottenham Hotspur	27	2022–23	12.85	8	16	18	15	17	16	16	15	14	13	15	10	14	15	12	11	14	14	13	12	12	11	10	8	9	10	9	8
Borussia Dortmund	23	2022–23	13.48	7	7	11	14	12		15	12		22			20	18	22	16	12	11	11	11	11	12	12	12	12	12	13	12
Schalke 04	18	2019–20	14.56	10							14	17	14	14	16	13	16	16	10	15	13	14	13	14	16	16	15	16
Roma	25	2022–23	15.36	9	15	19	16	10	9	10	11	12	11	12	11	9	12	18	15	21	19	24	16	15	24	15	16		24		24
Atlético Madrid	16	2022–23	15.81	12	12												22	17	22	25	20	15	15	13	13	13	13	13	13	12	15
Lazio	11	2020–21	16.09	6	19	12	8	6	8	14	17	15	20								28								30
Newcastle United	23	2022–23	16.61	5	8	5	12	20	14	13	9	11	12	13	14	17	20		25	22	25	19	17	21		19			29	20	17
Leeds United	9	2022–23	16.67	5		20	17	13	5	11	16																		23	18	27
Parma	6	2001–02	16.67	13	18	14	13	18	19	18
Hamburger SV	10	2013–14	16.8	11					15					16	15	15	11	13	18	20	17	28
Celtic	6	2006–07	16.83	13			20			17	18	13	16		17
Rangers	8	2005–06	17.25	14	14	16	18	15	17			19	21	18
Lyon	16	2022–23	18.06	11						20	19		15	11	13	12	13	14	17	18				24	21	28	17	18			29
Marseille	11	2022–23	18.36	14				16				18			19	16	14	15	14	17	30	23									20
Leicester City	8	2021–22	19.63	14																			25	20	14	22	22	22	15	17
Galatasaray	5	2015–16	20.2	16																19	16	18	22	26
Fiorentina	3	2009–10	20.33	14				14									26	21
Everton	15	2022–23	20.8	17									18				27	27	28	28		20	19	23	20	17	19	17	18	19	30
Zenit Saint Petersburg	7	2020–21	20.86	15																			18	17	23	25	28	15	20
Eintracht Frankfurt	4	2022–23	21.25	16																							27	20		22	16
Valencia	10	2019–20	21.4	18					20		20		19		18			25	19	23	23						26	21
West Ham United	16	2022–23	21.63	15						19				19			29	31	29		29	21	21	18	17	20	18	26	16	15	18
Aston Villa	12	2022–23	21.92	17		17	19					20					25	20	24	29		22	24						21	21	21
Werder Bremen	4	2010–11	22	17											20		17	28	23
VfB Stuttgart	6	2012–13	22.67	18												18	24	19	27	27	21
Napoli	14	2022–23	22.71	16													28	29	20	16	22	16	31	30	19	21	20	19	28		19
Fenerbahçe	4	2015–16	23	18												19	30				18			25
Bordeaux	2	2009–10	23	23													23	23
Bolton Wanderers	1	2004–05	23	23									23
Southampton	7	2021–22	23.86	18																		25	23	22	18	23			26	30
Wolverhampton Wanderers	4	2021–22	24	17																							25	29	17	25
Bayer Leverkusen	1	2004–05	24	24									24
Ajax	7	2021–22	24.71	17	17														26	26	27						23	27		27
Benfica	13	2022–23	24.85	20										20				26	21	24	26	26		27	30	30	24	23		24	22
Brighton & Hove Albion	3	2022–23	25	23																						29				23	23
Middlesbrough	1	2004–05	25	25									25
Atalanta	1	2020–21	25	25																									25
Sevilla	5	2022–23	25.2	22														24								27			22	28	25
Borussia Mönchengladbach	4	2020–21	25.75	24																				28	25			24	26
Beşiktaş	1	2017–18	26	26																						26
Sunderland	6	2015–16	26.83	18					18										30	31		27	26	29
Crystal Palace	7	2022–23	26.86	24																			29		26	24	30	25		26	28
Corinthians	2	2012–13	28	24																32	24
Swansea City	2	2014–15	28	27																		29	27
AFC Bournemouth	1	2016–17	28	28																					28
Sheffield United	1	2019–20	28	28																								28
West Bromwich Albion	2	2016–17	28.5	27																			30		27
Fulham	3	2022–23	28.67	26														30		30											26
Stoke City	3	2016–17	29	28																		30	28		29
Villarreal	1	2021–22	29	29																										29
Porto	1	2018–19	29	29																							29

Rankings by season[edit]

2022–23[edit]

^[1]

Appearances by Country

Ranking	Country	Number of Teams	Total Revenue (€ million)
1		14	5856.9
2		5	1679.2
3		4	2209.9
4		3	1457.5
			1259.3
6		1	196.7

2024 Rank	Club	Revenue (€ million)	Country	2023 Rank	Change
1	Real Madrid	831.4	Spain	2	+1
2	Manchester City	825.9	England	1	-1
3	Paris Saint-Germain	801.8	France	5	+2
4	Barcelona	800.1	Spain	7	+3
5	Manchester United	745.8	England	4	-1
6	Bayern Munich	744.0	Germany	6	—
7	Liverpool	682.9	England	7	—
8	Tottenham Hotspur	631.5	England	9	+1
9	Chelsea	589.4	England	8	-1
10	Arsenal	532.6	England	10	—
11	Juventus	432.4	Italy	11	—
12	Borussia Dortmund	420.0	Germany	13	+1
13	Milan	385.3	Italy	16	+3
14	Internazionale	378.9	Italy	14	—
15	Atlético Madrid	364.1	Spain	12	-3
16	Eintracht Frankfurt	293.5	Germany	22	+6
17	Newcastle United	287.8	England	20	+3
18	West Ham United	275.1	England	16	-2
19	Napoli	267.7	Italy	31+
20	Marseille	258.4	France	31+
21	Aston Villa	250.5	England	21	—
22	Benfica	233.4	Portugal	24	+2
23	Brighton & Hove Albion	231.3	England	23	—
24	Roma	214.9	Italy	31+
25	Sevilla	214.3	Spain	28	+3
26	Fulham	209.8	England	31+
27	Leeds United	207.8	England	18	-9
28	Crystal Palace	206.5	England	26	-2
29	Lyon	199.1	France	31+
30	Everton	198.0	England	19	-11

2021–22[edit]

^[2]

Appearances by Country

Ranking	Country	Number of Teams	Total Revenue (€ million)
1		16	5823.8
2		5	2110.6
3		3	1218.8
			973.9
5		1	654.2
			196.7
			187.2

2023 Rank	Club	Revenue (€ million)	Country	2022 Rank	Change
1	Manchester City	731.0	England	1	—
2	Real Madrid	713.8	Spain	2	—
3	Liverpool	701.7	England	7	+4
4	Manchester United	688.6	England	5	+1
5	Paris Saint-Germain	654.2	France	6	+1
6	Bayern Munich	653.6	Germany	3	-3
7	Barcelona	638.2	Spain	4	-3
8	Chelsea	568.3	England	8	—
9	Tottenham Hotspur	523.0	England	10	+1
10	Arsenal	433.5	England	11	+1
11	Juventus	400.6	Italy	9	-1
12	Atlético Madrid	393.8	Spain	13	+1
13	Borussia Dortmund	356.9	Germany	12	-1
14	Internazionale	308.4	Italy	14	—
15	West Ham United	301.5	England	16	+1
16	Milan	264.9	Italy	19	+3
17	Leicester City	255.5	England	15	-2
18	Leeds United	223.4	England	23	+5
19	Everton	213.7	England	18	-1
20	Newcastle United	212.3	England	29	+9
21	Aston Villa	210.9	England	21	—
22	Eintracht Frankfurt	208.3	Germany	31+
23	Brighton & Hove Albion	198.4	England	31+
24	Benfica	196.7	Portugal	31+
25	Wolverhampton Wanderers	195.4	England	17	-8
26	Crystal Palace	188.9	England	31+
27	Ajax	187.2	Netherlands	31+
28	Sevilla	186.1	Spain	22	-6
29	Villarreal	178.7	Spain	31+
30	Southampton	177.7	England	26	-4

2020–21[edit]

^[3]

Appearances by Country

Ranking	Country	Number of Teams	Total Revenue (€ million)
1		14	4681.0
2		7	1696.7
3		4	1755.1
4		3	1126.5
5		1	556.2
			212.0

2022 Rank	Club	Revenue (€ million)	Country	2021 Rank	Change
1	Manchester City	644.9	England	6	+5
2	Real Madrid	640.7	Spain	2	—
3	Bayern Munich	611.4	Germany	3	—
4	Barcelona	582.1	Spain	1	-3
5	Manchester United	558.0	England	4	-1
6	Paris Saint-Germain	556.2	France	7	+1
7	Liverpool	550.4	England	5	-2
8	Chelsea	493.1	England	8	—
9	Juventus	433.5	Italy	10	+1
10	Tottenham Hotspur	406.2	England	9	-1
11	Arsenal	366.5	England	11	—
12	Borussia Dortmund	337.6	Germany	12	—
13	Atlético Madrid	332.8	Spain	13	—
14	Internazionale	330.9	Italy	14	—
15	Leicester City	255.5	England	22	+7
16	West Ham United	221.5	England	26	+10
17	Wolverhampton Wanderers	219.2	England	29	+12
18	Everton	218.1	England	17	-1
19	Milan	216.3	Italy	30	+11
20	Zenit Saint Petersburg	212.0	Russia	15	-5
21	Aston Villa	207.3	England	31+
22	Sevilla	199.5	Spain	31+
23	Leeds United	192.7	England	31+
24	Roma	190.4	Italy	31+
25	Atalanta	187.6	Italy	31+
26	Borussia Mönchengladbach	177.5	Germany	24	-2
	Southampton	177.5	England	31+
28	Napoli	174.5	Italy	19	-9
29	Newcastle United	170.1	England	31+
30	Lazio	163.5	Italy	31+

2019–20[edit]

^[4]

Appearances by Country

Ranking	Country	Number of Teams	Total Revenue (€ million)
1		12	3997.1
2		5	1564.5
3		4	1909.1
			1015.2
5		2	721.3
6		1	236.5
			170.3
			155.5

2021 Rank	Club	Revenue (€ million)	Country	2020 Rank	Change
1	Barcelona	713.4	Spain	1	—
2	Real Madrid	691.8	Spain	2	—
3	Bayern Munich	634.1	Germany	4	+1
4	Manchester United	580.4	England	3	-1
5	Liverpool	558.6	England	7	+2
6	Manchester City	549.2	England	6	—
7	Paris Saint-Germain	540.6	France	5	-2
8	Chelsea	469.7	England	9	+1
9	Tottenham Hotspur	445.7	England	8	-1
10	Juventus	398.9	Italy	10	—
11	Arsenal	388.0	England	11	—
12	Borussia Dortmund	365.7	Germany	12	—
13	Atlético Madrid	331.8	Spain	13	—
14	Internazionale	291.5	Italy	14	—
15	Zenit Saint Petersburg	236.5	Russia	28	+13
16	Schalke 04	222.8	Germany	15	-1
17	Everton	212.0	England	19	+2
18	Lyon	180.7	France	17	-1
19	Napoli	176.3	Italy	20	+1
20	Eintracht Frankfurt	174.0	Germany	27	+7
21	Valencia	172.1	Spain	26	+5
22	Leicester City	171.0	England	22	—
23	Benfica	170.3	Portugal	24	+1
24	Borussia Mönchengladbach	167.9	Germany	31+
25	Crystal Palace	161.3	England	30	+5
26	West Ham United	158.0	England	18	-8
27	Ajax	155.5	Netherlands	23	-4
28	Sheffield United	152.0	England	31+
29	Wolverhampton Wanderers	151.2	England	25	-4
30	Milan	148.5	Italy	21	-9

2018–19[edit]

^[5]

Appearances by Country

Ranking	Country	Number of Teams	Total Revenue (€ million)
1		11	4403.1
2		5	1469.0
3		4	2150.4
			1540.4
5		2	856.8
			373.8
7		1	199.4
			180.4

2020 Rank	Club	Revenue (€ million)	Country	2019 Rank	Change
1	Barcelona	840.8	Spain	2	+1
2	Real Madrid	757.3	Spain	1	-1
3	Manchester United	711.5	England	3	—
4	Bayern Munich	660.1	Germany	4	—
5	Paris Saint-Germain	635.9	France	6	+1
6	Manchester City	610.6	England	5	-1
7	Liverpool	604.7	England	7	—
8	Tottenham Hotspur	521.1	England	10	+2
9	Chelsea	513.1	England	8	-1
10	Juventus	459.7	Italy	11	+1
11	Arsenal	445.2[6]	England	9	-2
12	Borussia Dortmund	371.7[6]	Germany	12	—
13	Atlético Madrid	367.6	Spain	13	—
14	Internazionale	364.6	Italy	14	—
15	Schalke 04	324.8	Germany	16	+1
16	Roma	231.0	Italy	15	-1
17	Lyon	220.9[6]	France	28	+11
18	West Ham United	216.4	England	20	+2
19	Everton	210.5[6]	England	17	-2
20	Napoli	207.4	Italy	21	+1
21	Milan	206.3	Italy	18	-3
22	Leicester City	200.0	England	22	—
23	Ajax	199.4	Netherlands	31+
24	Benfica	197.6	Portugal	30	+6
25	Wolverhampton Wanderers	195.5	England	31+
26	Valencia	184.7	Spain	31+
27	Eintracht Frankfurt	183.8	Germany	31+
28	Zenit Saint Petersburg	180.4	Russia	25	-3
29	Porto	176.2	Portugal	31+
30	Crystal Palace	174.5	England	24	-6

2017–18[edit]

^[7]

Appearances by Country

Ranking	Country	Number of Teams	Total Revenue (€ million)
1		13	4411.2
2		5	1315.8
3		4	1910.9
4		3	1190.2
5		2	705.9
6		1	167.8
		1	165.7
		1	150.7

2019 Rank	Club	Revenue (€ million)	Country	2018 Rank	Change
1	Real Madrid	750.9	Spain	2	+1
2	Barcelona	690.4	Spain	3	+1
3	Manchester United	665.8[8]	England	1	−2
4	Bayern Munich	629.2	Germany	4	—
5	Manchester City	568.4	England	5	—
6	Paris Saint-Germain	541.7	France	7	+1
7	Liverpool	513.7	England	9	+2
8	Chelsea	505.7	England	8	—
9	Arsenal	439.2	England	6	-3
10	Tottenham Hotspur	428.3	England	11	+1
11	Juventus	394.5[8]	Italy	10	-1
12	Borussia Dortmund	317.2	Germany	12	—
13	Atlético Madrid	304.4	Spain	13	—
14	Internazionale	280.8	Italy	15	+1
15	Roma	250.0	Italy	24	+9
16	Schalke 04	243.8	Germany	16	—
17	Everton	212.9	England	20	+3
18	Milan	207.7	Italy	22	+4
19	Newcastle United	201.5	England	31+
20	West Ham United	197.9	England	17	-3
21	Napoli	182.8	Italy	19	-2
22	Leicester City	179.4	England	14	-8
23	Southampton	172.0	England	18	-5
24	Crystal Palace	169.0	England	26	+2
25	Zenit Saint Petersburg	167.8	Russia	23	-2
26	Beşiktaş	165.7	Turkey	31+
27	Sevilla	165.2	Spain	31+
28	Lyon	164.2	France	21	-7
29	Brighton & Hove Albion	157.4	England	31+
30	Benfica	150.7	Portugal	30	—

2016–17[edit]

^[9]

Appearances by Country

Ranking	Country	Number of Teams	Total Revenue (€ million)
1		14	4441.0
2		5	1232.0
3		4	1319.9
4		3	1595.4
5		2	684.5
6		1	180.4
		1	157.6

2018 Rank	Club	Revenue (€ million)	Country	2017 Rank	Change
1	Manchester United	676.3	England	1	—
2	Real Madrid	674.6	Spain	3	+1
3	Barcelona	648.3	Spain	2	−1
4	Bayern Munich	587.8	Germany	4	—
5	Manchester City	527.7	England	5	—
6	Arsenal	487.6	England	7	+1
7	Paris Saint-Germain	486.2	France	6	−1
8	Chelsea	428.0	England	8	—
9	Liverpool	424.2	England	9	—
10	Juventus	405.7	Italy	10	—
11	Tottenham Hotspur	359.5[10]	England	12	+1
12	Borussia Dortmund	332.6	Germany	11	−1
13	Atlético Madrid	272.5	Spain	13	—
14	Leicester City	271.1	England	20	+6
15	Internazionale	262.1	Italy	19	+4
16	Schalke 04	230.2	Germany	13	−2
17	West Ham United	213.3	England	18	+1
18	Southampton	212.1	England	22	+4
19	Napoli	200.7	Italy	30	+11
20	Everton	199.2	England	23	+3
21	Lyon	198.3	France	24	+3
22	Milan	191.7	Italy	16	-6
23	Zenit Saint Petersburg	180.4	Russia	17	-6
24	Roma	171.8	Italy	15	-9
25	Borussia Mönchengladbach	169.3	Germany	28	+3
26	Crystal Palace	164.0	England	31+
27	West Bromwich Albion	160.5	England	31+
28	AFC Bournemouth	159.2	England	31+
29	Stoke City	158.3	England	31+
30	Benfica	157.6	Portugal	27	-3

2015–16[edit]

^[11]

Appearances by Country

Ranking	Country	Number of Teams	Total Revenue (€ million)
1		12	3821.1
2		5	1093.6
3		4	1249.7
4		3	1468.9
5		2	680.9
		2	313.6
6		1	196.5
		1	152.1

Rank in 2017	Club	Revenue (€ million)	Country	Rank in 2016	Change
1	Manchester United	689.0	England	3	+2
2	Barcelona	620.2	Spain	2	—
3	Real Madrid	620.1	Spain	1	−2
4	Bayern Munich	592.0	Germany	5	+1
5	Manchester City	524.9	England	6	+1
6	Paris Saint-Germain	520.9	France	4	−2
7	Arsenal	468.5	England	7	—
8	Chelsea	447.4	England	8	—
9	Liverpool	403.8	England	9	—
10	Juventus	338.9[12]	Italy	10	—
11	Borussia Dortmund	283.9	Germany	11	—
12	Tottenham Hotspur	279.7	England	12	—
13	Atlético Madrid	228.6	Spain	15	+2
14	Schalke 04	224.5	Germany	13	−1
15	Roma	218.2	Italy	16	+1
16	Milan	214.6[12]	Italy	14	−2
17	Zenit Saint Petersburg	196.5	Russia	18	+1
18	West Ham United	192.3	England	21	+3
19	Internazionale	179.2	Italy	20	+1
20	Leicester City	172.1	England	25	+5
21	Newcastle United	168.2	England	17	−4
22	Southampton	163.3	England	23	+1
23	Everton	162.5	England	19	−4
24	Lyon	160.0	France	31+
25	Fenerbahçe	157.7	Turkey	31+
26	Galatasaray	155.9	Turkey	22	-4
27	Benfica	152.1	Portugal	31+
28	Borussia Mönchengladbach	149.3	Germany	31+
29	Sunderland	144.4	England	26	-3
30	Napoli	142.7	Italy	31	+1

2014–15[edit]

^[13]

Appearances by Country

Ranking	Country	Number of Teams	Total Revenue (€ million)
1		16	3939.8
2		5	992.4
3		3	1314.4
		3	974.3
5		1	480.8
		1	167.8
		1	159.1
		1	132.8

Rank in 2016	Club	Revenue (€ million)	Country	Rank in 2015	Change
1	Real Madrid	577.0	Spain	1	—
2	Barcelona	560.8	Spain	4	+2
3	Manchester United	519.5	England	2	−1
4	Paris Saint-Germain	480.8	France	5	+1
5	Bayern Munich	474.0	Germany	3	−2
6	Manchester City	463.5	England	6	—
7	Arsenal	435.5	England	8	+1
8	Chelsea	420.0	England	7	−1
9	Liverpool	391.8	England	9	—
10	Juventus	323.9	Italy	10	—
11	Borussia Dortmund	280.6	Germany	11	—
12	Tottenham Hotspur	257.5	England	13	+1
13	Schalke 04	219.7	Germany	14	+1
14	Milan	199.1	Italy	12	−2
15	Atlético Madrid	176.6[14]	Spain	15	—
16	Roma	179.1[14]	Italy	24	+8
17	Newcastle United	169.3	England	19	+2
18	Zenit Saint Petersburg	167.8[14]	Russia	31+
19	Everton	165.1	England	20	+2
20	Internazionale	164.8	Italy	17	-2
21	West Ham United	160.9	England	21	+1
22	Galatasaray	159.1	Turkey	18	-3
23	Southampton	149.5	England	25	+3
24	Aston Villa	148.8	England	22	-1
25	Leicester City	137.2	England	31+
26	Sunderland	132.9	England	27	+2
27	Swansea City	132.8	Wales	29	+3
28	Stoke City	130.9	England	30	+3
29	Crystal Palace	130.8	England	31+
30	West Bromwich Albion	126.6	England	31+
31	Napoli	125.5	Italy	16	-14