LONDON: Real Madrid have become the first club to surpass one billion Euros of revenue in a single season, securing its position at the top of the Deloitte Money League. They are followed by Manchester City (€838m), Paris Saint-Germain (€806m), Manchester United (€771m) and Bayern Munich (€765m).

Matchday revenue grew 11pc year-on-year, making it the fastest growing revenue stream for Money League clubs once again thanks to an increase in clubs’ stadium capacity, general ticket prices and premium matchday offerings.

Matchday revenue surpassed €2bn (€2.1bn) for the first time in the history of the publication, accounting for 18pc of total revenue, the highest share since 2014-15 (19pc). 

At €4.9bn, commercial remained the largest revenue source for Money League clubs for the second year running, accounting for 44pc of total revenue. The 10pc uplift over the previous year was largely driven by an increase in the hosting of non-football live events, improved retail performance and a rise in sponsorship revenues.

Meanwhile, there was no uplift in the cumulative broadcast revenue (€4.3bn) reported by Money League clubs in 2023-24, as each of the ‘big five’ leagues remained in the same domestic broadcast cycle as the preceding season. The ’big five’ leagues have, or will be entering, a period of relatively stable broadcast revenues due to longer-term domestic media rights deals through to at least 2027.

Tim Bridge, lead partner in the Deloitte Sports Business Group, said: “Money League clubs continue to break records with ongoing growth in commercial and matchday revenues. While on-pitch performance is critical for teams to reach the top echelons of the rankings, high performing clubs are also able to diversify the way they generate revenue through unlocking innovative partnerships and developing the land and stadium space that they own or operate.

“While commercial revenue dominates the income of the top ten Money League clubs, broadcast income remains crucial for teams in the second half of the rankings. As competitions expand and create more broadcast and matchday opportunities, these can further increase the earning potential for clubs. At a time where there is more demand than ever for a greater number of matchdays, this must be balanced with player welfare, as they ultimately bring the on-field success that can earn clubs many further rewards off-field.”

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