Manchester United beat Real Madrid at top of football’s rich list

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Manchester United have announced record revenues of £515.3m for 2016, becoming the first English club to earn over half a billion pounds in a single year.

The Red Devils have toppled Spanish giants Real Madrid and Barcelona at the top of the Deloitte rich list, despite the former winning the Champions League, Los Blancos posted a revenue of £463.8m to lip down to third in the rich list standings.

 

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United’s return to the top spot for the first time since 2003-04, which is somewhat unexpected given they broke the world transfer record in signing Paul Pogba from Juventus for £92m in August.

The Manchester club’s revenue is up from 395.2m in 2015 and includes a record operating profit of £68.9m, with strong growth across all three of the revenue categories – matchday, broadcast and commercial.

Eight English clubs feature in the top 20 having generated combined revenues of nearly £2.4bn, including last season’s champions Leicester City and Manchester City, who with £392.6m have seen their revenue rise by more than £100m from 2014-15.

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