Real Madrid has become the first football club to generate over €1 billion in revenue in a single season, topping the Deloitte Football Money League 2025. The club’s remarkable financial performance was driven by the completion of renovations to the Bernabéu Stadium, which significantly boosted matchday revenues.
The 2023/24 season saw a record-breaking €11.2 billion in cumulative revenues for the top 20 clubs, a 6% increase from the previous season. The average revenue for a Money League club was €560 million, comprising €244 million (44%) from commercial revenue, €213 million (38%) from broadcast revenue, and €103 million (18%) from matchday revenue.
Top 10 Clubs in the Deloitte Football Money League 2025:
- Real Madrid: €1 billion
- Manchester City: €838 million
- Paris Saint-Germain: €806 million
- Manchester United: €771 million
- Bayern Munich: €765 million
- Liverpool: €758 million
- Chelsea: €735 million
- Arsenal: €725 million
- Juventus: €716 million
- Barcelona: €709 million
Matchday revenue experienced the fastest growth, increasing by 11% year-on-year, driven by higher stadium capacities, ticket prices, and premium matchday offerings. Commercial revenue remained the largest source of income for Money League clubs, reaching €4.9 billion, a 10% increase from the previous year.
The Deloitte Football Money League 2025 highlights the growing financial power of European football clubs, with the top 10 clubs generating an average of €743 million in revenue. However, the report also notes the importance of balancing revenue growth with player welfare, as the increasing demand for matches and competitions poses a risk to player well-being.
