Top 20 richest football clubs in the world 2023

Top 20 richest football clubs in the world 2023:

Manchester City retains first place in the Deloitte Football Money League, as Premier League clubs dominate

According to the newest edition of the Deloitte Football Money League, Manchester City have kept their position as the world’s richest football team, highlighting the Premier League’s dominance.

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For the second year in a row, Abu Dhabi-owned City topped the yearly list, which is based on revenue in the 2021-22 season, ahead of Real Madrid, Liverpool, Manchester United, and Paris Saint-Germain.

Chelsea, Tottenham Hotspur, and Arsenal were among the six Premier League teams in Deloitte’s top 10, and English clubs now account for more than half of the top 20 for the first time in the report’s 26-year existence.

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City became the first team other than Manchester United, Real Madrid and Barcelona to top the Football Money League in last year’s ranking of the world’s richest football clubs as their revenue proved more resilient to the headwinds of the pandemic.

They retained that position in 2021-22, when revenue grew to €731 million (£619 million), more than half of which came from sponsorship and other commercial partnerships, and they won the Premier League for the fourth time in five seasons.

“Part of it is due to City’s on-pitch performance, which generates a virtuous cycle,” Zal Udwadia, assistant director of Deloitte’s Sport Business Group, told City A.M. “Traditional powerhouses such as Madrid and Barcelona have struggled.

“Manchester City only broke into the top five in 2015-16 so they have enjoyed a spectacular ascent. They had the greatest commercial revenue in the Premier League last season, thus they are on track to maintain their status as a top five Football Money League team in the future.”

City’s rapid revenue growth has drawn attention due to their sponsorship by Abu Dhabi-owned firms such as Etihad Airways.

Football authorities, notably the Premier League, have examined their position that all transactions are at fair market value.

“There’s a process going on with that, and that’s all we can say at the moment,” Udwadia added.

Premier League

The Premier League dominates the list of the world’s richest football clubs.

Liverpool entered the top three of the world’s richest football clubs for the first season, with revenue of €702 million (£594 million), as they competed for four titles, while financially troubled Barcelona fell to seventh place.

West Ham United, Leicester City, Leeds United, Everton, and Newcastle United were all among the top 20, with 16 of the Premier League’s 20 teams ranking in the top 30.

“The Premier League is in a league of its own compared to other leagues,” added Udwadia. “If anything, the gap will increase because the Premier League is the only one to report an increase in TV rights sales in the last cycle.”

The aggregate revenues of the top 20 clubs in the Football Money League increased 13% to €9.2 billion (£7.8 billion) in the aftermath of the pandemic.

However, the report’s authors stated that the extent of financial fallout for some teams remained to be seen.

“It really depends on how well clubs have managed cash flow, and several clubs have had to take out loans or seek investment as a result of the pandemic,” Udwadia explained.

“It’s probably too early to determine how it has affected club bottom lines, but revenue has returned to pre-pandemic levels.”