Manchester United has regained top spot in the Deloitte Money League for the first time in more than a decade.
The Red Devils, benefiting from a return to the Champions League, posted record revenue of £515.3million over the course of the 2015-16.
That was enough to knock Real Madrid off the top spot after 11 years at the summit. The Spaniards slipped to third, despite returning their own record of £463.8m – an increase of almost £45m. Barcelona move into second.
Figures were up at Old Trafford across the board, with improved revenues showing in the match day, broadcast and commercial sectors.
Over the course of the Money League’s 20-year existence, United are the only side other than Real to have held top spot, and the huge wealth of English clubs was evident again in 2015-16, as eight teams made the top 20.
Manchester City moved into the top five for the first time, their revenues up £40m to just under £400m, while Leicester made their debut appearance in the list.
Arsenal, Chelsea and Liverpool all had the money to be placed in the top 10, Tottenham finished 11th and West Ham also made the cut, having seen revenues rise by more than a third.
The report, put together by business advisers Deloitte, uses figures extracted from the annual financial statements of the company or group in respect of each club