London giants Chelsea, Arsenal and Tottenham are all in the top 14 of the richest clubs in Europe according to a new report.
While Real Madrid head the list and Manchester United are second, Chelsea are fifth, Arsenal sixth and Tottenham 14th, according to the Deloitte Football Money League.The strength of the euro against the pound has helped Real maintain their position at the top, despite a 21% increase in revenue for United. Barcelona are third in the list, while Bayern Munich have climbed above Chelsea and Arsenal to be fourth.
All the English clubs suffered from the currency issue - Real's revenue increased by 4% and Barcelona's by 6%, while Chelsea and Arsenal enjoyed rises of 11.5% and 18% but still dropped a place.
Liverpool, however, have gone up a place to seventh with a 25% rise in turnover. Celtic, however, have dropped out of the top 20 and Manchester City have come in.
1. Real Madrid £289.6m
2. Manchester United £257.1m
3. FC Barcelona £244.4m
4. Bayern Munich £233.8m
5. Chelsea £212.9m
6. Arsenal £209.3m
7. Liverpool £167.0m
8. AC Milan £165.8m
9. AS Roma £138.9m
10.Internazionale £136.9m
11. Juventus £132.6m
12. Lyon £123.3m
13. Schalke 04 £117.5m
14. Tottenham £114.8m
15. Hamburg £101.3m
16. Marseille £100.4m
17. Newcastle £99.4m
18. Stuttgart £88.3m
19. Fenerbahce £88.1m
20. Manchester City £82.3m
All the English clubs suffered from the currency issue - Real's revenue increased by 4% and Barcelona's by 6%, while Chelsea and Arsenal enjoyed rises of 11.5% and 18% but still dropped a place.
Liverpool, however, have gone up a place to seventh with a 25% rise in turnover. Celtic, however, have dropped out of the top 20 and Manchester City have come in.
1. Real Madrid £289.6m
2. Manchester United £257.1m
3. FC Barcelona £244.4m
4. Bayern Munich £233.8m
5. Chelsea £212.9m
6. Arsenal £209.3m
7. Liverpool £167.0m
8. AC Milan £165.8m
9. AS Roma £138.9m
10.Internazionale £136.9m
11. Juventus £132.6m
12. Lyon £123.3m
13. Schalke 04 £117.5m
14. Tottenham £114.8m
15. Hamburg £101.3m
16. Marseille £100.4m
17. Newcastle £99.4m
18. Stuttgart £88.3m
19. Fenerbahce £88.1m
20. Manchester City £82.3m