Top 20 richest football clubs in the world
Do you fancy keeping up with the richest football clubs in the world? This page lists the top 20 richest football clubs worldwide. The list comprises the heavyweights in football history, heritage, and bank accounts.
Our list includes the biggest clubs, including Real Madrid, Manchester City, Paris Saint-Germain, FC Barcelona, and Manchester United. These teams have redefined success on and off the pitch. Keep reading to learn about the recent changes to this list compared to the previous rankings.
Ranking the Top 20 Richest Football Clubs
Rank |
Club |
League |
Revenue (2022/23) |
1 |
Real Madrid |
La Liga |
€831.4m |
2 |
Manchester City |
Premier League |
€825.9m |
3 |
Paris Saint-Germain |
Ligue 1 |
€801.8m |
4 |
FC Barcelona |
La Liga |
€800.1m |
5 |
Manchester United |
Premier League |
€745.8m |
6 |
Bayern Munich |
Bundesliga |
€744m |
7 |
Liverpool |
Premier League |
€682.9m |
8 |
Tottenham Hotspur |
Premier League |
€631.5 |
9 |
Chelsea |
Premier League |
€589.4m |
10 |
Arsenal |
Premier League |
€532.6m |
11 |
Juventus |
Serie A |
€432.4m |
12 |
Borussia Dortmund |
Bundesliga |
€420m |
13 |
AC Milan |
Serie A |
€385.3m |
14 |
FC Internazionale Milano |
Serie A |
€378.9m |
15 |
Atletico De Madrid |
La Liga |
€364.1m |
16 |
Eintracht Frankfurt |
Bundesliga |
€293.5m |
17 |
Newcastle United |
Premier League |
€287.8m |
18 |
West Ham United |
Premier League |
€275.1m |
19 |
SSC Napoli |
Serie A |
€267.7m |
20 |
Olympique De Marseille |
Ligue 1 |
€258.4m |
Every year, the Deloitte Football Money League website updates the list of the richest football clubs in the world. The 27th edition came with some changes and new records in the revenue generated by football clubs globally.
There was a 14% increase in total revenue generated by the top 20 richest clubs in 2022/23. In 2021/2022, the top 20 clubs generated €9.2 billion in revenue. The 14% increase in 2022/23 gave a record revenue worth €10.5 billion.
Matchday revenue generation rose due to fans’ high demand for stadium viewing across Europe. Out of the top 20 richest clubs in 2022/23, 13 saw a record increase in matchday revenue. Most were from the La Liga, Serie A, Bundesliga, and Ligue 1.
Compared to the pre-pandemic eras, 2018/19 and earlier, clubs like AC Milan, FC Internazionale Milano, and SSC Napoli recorded massive increases in stadium utilization. Most clubs now offer enhanced fan experiences, such as personal booths, for more revenue.
Significantly, 17 of the top 20 wealthiest teams in the 2022/23 season reported increased commercial revenue. This income comes from sales, non-matchday events, and sponsorships, which was massive because the COVID-19 pandemic once affected these opportunities.
There was a 4.7% rise in broadcast revenue from the amount generated in 2021/22 by the then top 20 clubs. The slight increase in 2022/23’s average was thanks to the Premier League clubs that saw a 15% increase in broadcast rights value.
Likewise, through CVC’s investment in Ligue 1, Paris Saint-Germain and Olympique de Marseille realized a cumulative gain of €120m in broadcast revenue. On the other hand, the Bundesliga, Serie A, and Ligue 1 barely recouped any increase in broadcast revenue.
In contrast to the 2021/22 season, Real Madrid has overtaken Manchester City in revenue generation for the 2022/23 season. The last time Real Madrid topped the group was in 2017/18. The club recouped a record €831.4m in 2022/23, a €117.6m increase on last season’s revenue.
Manchester City won locally and in Europe by winning the UEFA Champions League (UCL) and the Premier League trophies. These successes, alongside others off the pitch, increased their broadcast and commercial incomes by €50m and €26m from last year’s. The €825.9 revenue in 2022/23 was a record for Manchester City.
Paris Saint-Germain broke into the top three for the first time, recording €801.8m in revenue. The club's share in the CVC investment generated €83.5m in commercial gains.
For the second year running, Barcelona finished behind Paris Saint-Germain at fourth, with €800.1m in revenue generated. Barcelona recorded a 45% and 61% increase in commercial and matchday revenue value.
AC Milan and FC Internazionale Milano reported a 30% and 22% revenue gain, respectively. They reached the semi-finals and finals of the UCL for the first time since the 2006/07 and 2009/10 seasons, respectively.
Disappointingly, Liverpool experienced a fall from third in 2021/22 to seventh in 2022/23. Other clubs that dipped included Atletico de Madrid and West Ham. Liverpool’s downslide was because of their not-so-good performances in the Premier League and UCL in 2022/23.
The 2022/23 season saw the addition of new clubs to the top 20 list, including Eintracht Frankfurt, Olympique de Marseille, and SSC Napoli. These three replaced three premier league clubs, with two relegated to the Championship in 2022/23. The leaving trio are Everton, Leicester City, and Leeds United.
Eintracht Frankfurt entered the top 20 thanks to progressing past the UCL Round of 16 for the first time. SSC Napoli recorded an 80% uprise in broadcast revenue, having performed well in the UCL and winning their first Scudetto since the 1989/90 season.
See the list below for the latest top 20 richest football clubs in the world based on revenue gain in the 2022/23 season:
- Real Madrid
- Manchester City
- Paris Saint-Germain
- FC Barcelona
- Manchester United
- Bayern Munich
- Liverpool
- Tottenham Hotspur
- Chelsea
- Arsenal
- Juventus
- Borussia Dortmund
- AC Milan
- FC Internazionale Milano
- Atletico De Madrid
- Eintracht Frankfurt
- Newcastle United
- West Ham United
- SSC Napoli
- Olympique De Marseille