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The most recent Deloitte Football Money League rankings show a decrease in placement for Liverpool, Manchester United, and Manchester City, while clubs from Europe have seen an increase.
According to Deloitte, Liverpool experienced the largest decline among the top 20 clubs, dropping from third to seventh place. Their revenue decreased by a small amount, going from £594.3 million to £593.8 million.
According to Deloitte, the decline can be attributed to the Reds’ performance on the field. The team placed fifth in the Premier League last season and was eliminated in the Champions League round of 16.
Manchester United’s ranking fell to fifth place, even though their revenue improved compared to the previous season. Meanwhile, City, who won three titles, were surpassed by Real Madrid and are currently in second place, despite achieving a record Premier League revenue in their latest financial report.
The Money League examines the revenue numbers disclosed in clubs’ yearly financial statements for the 2022-23 season, without considering operating expenses.
Compared to last year, Tottenham and Chelsea have traded places, with Spurs moving up one spot to eighth, while Arsenal maintained their position in 10th place.
In the fiscal year 2022-23, Real Madrid generated £723m in revenue, showcasing their success in the current European football system. This is despite their president Florentino Perez being a strong advocate for a Super League.
Paris St Germain has now entered the top three rankings for the first time. Meanwhile, Barcelona has moved up three spots to secure the seventh position, with a revenue of £696m.
According to Tim Bridge, the primary partner at Deloitte’s Sports Business Group, there is a significant moment in the sports industry where major teams like Real Madrid and Barcelona are renovating their stadiums and taking more control over their operations, especially in terms of merchandising and licensing. This has led to a notable increase in revenue, as a result of deliberate improvements to their business strategies.
“When we look at the Premier League holistically we’re not 100 per cent certain the days of significant domestic growth in media rights is over, but what we can say is, without significant competition coming into that market, then single-figure percentage growth is the likely outcome in that domestic market. Therefore the focus is on what can be done in the international market.
The reason for the consistent presence of 10 or 11 Premier League teams in the Money League is due to the increase in media rights revenue, which has resulted in significant distributions for these clubs. However, other leagues have caught up and there has been a recent leveling off of Premier League rights.
According to Deloitte, the combined earnings of the top 20 clubs totaled 10.5 billion euros (£9bn), showing a 14% rise from the previous season.
The women’s club Barcelona Femeni had the highest earnings globally, with a revenue increase of 74 percent to £11.6 million.
Source: independent.co.uk
