Revenues of the 20 richest football clubs in the world reached £5.2 billion in the last season

Posted by | February 19, 2015 | Audit Salary, Big 4 Accounting firms, FTSE 100 companies, Latest Audit Information & News

Audit International, the leading specialists in Internal and External Audit Recruitment across Europe, the US and Asia have learned the revenues of the 20 richest football clubs in the world reached £5.2 billion in the 2013-14 season, up £669 million on the previous year according to a report recently published by Deloitte.

For the 10th year in a row, Champions League winners Real Madrid top the list. However, the Premier League continues to consolidate its position as the dominant financial force in world football, with eight clubs in the top 20 as broadcast money boosted English teams’ revenues. Among the British teams,  Manchester United have jumped back up football’s rich list and are now the second highest earning club in the world behind Real Madrid. Therefore, Manchester United jumped two places up the list as they become the second highest earning football club in the world with revenues of £433.2 million. Regarding this fact, Austin Houlihan, Senior Manager at Deloitte declared “Despite a poor on-pitch season in 2013-14, United’s commercial strategy of securing global and regional partners is delivering substantial growth,” said. He also added: “Their absence this season from European competition will be felt in next year’s Money League position, but if they can return to the Champions League in 2015-16 there is a strong possibility they could be top in two years’ time.” Some other teams of the Premier League as Manchester City, Chelsea, Arsenal and Liverpool feature in the top 10 of the Money League while Tottenham are joined in the top 20 by newcomers Newcastle and Everton.

The report also shows existing match between Real Madrid’s unprecedented 10th Champions League victory last term and their financial performance, with revenue growth of six per cent to £459.5m. Continuing in the Spanish football, their great rivals Barcelona have dropped from second to fourth this year as their revenues fell to £405.2m in 2013-14, with German giants Bayern Munich staying second with turnover of £407.7m. Following them, Paris Saint-Germain in fourth (£396.5m) come Premier League powerhouses Manchester City (£346.5m), Chelsea (£324.4m), Arsenal (£300.5m) and Liverpool (£255.8m). Is surprising that not only are there 10 Premier League clubs in the top 20, but strikingly all 20 English top flight clubs feature in the top 40 this year. According to this, Hoolihan said: “The Premier League’s new broadcast deals have translated into big revenue increases across the English top flight,” He also added: “Every Premier League club reported record revenues in 2013/14. Between them, the eight English clubs in our top 20 achieved total broadcast revenues of £0.9bn. The fact that all the clubs in the Premier League are in the top 40 is testament to the huge appeal of the league globally and also the equality of the distributions the clubs enjoy relative to their European counterparts. Finally he concluded: “Additionally, the Premier League is currently negotiating for the next cycle of media rights and further uplifts are anticipated.”

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