Deloitte: FAANGs may replace football's TV money

United's revenues of ₤6271 m for 2018-19 places them third total in this year's listing, behind Spanish titans Barcelona (₤7411 m) and Real Madrid (₤6675 m).

In getting there, it's elbowed Real Madrid into second place though its coach Zinedine Zidane may not be too unhappy: it still earnt almost 760 million euros.

Manchester United are the third-richest club in the list with revenues of €711.5m, with neighbours City clocking in at €610.5m and Liverpool closely following as England's third most lucrative club on €604.7m.

It was the first time Wolves have been included in the list, following their promotion to the Premier League, with revenue reported to be £195.5million.

Combined revenues among the top 20 have grown by 11 per cent compared to past year to a record of 9.3 billion euros (just under £7.9billion).

Dan Jones, partner in the Sports Business Group at Deloitte, commented: "Barca is a clear example of a club adapting to changing market conditions, reducing the reliance on broadcast revenue and focusing on growing revenues within its control".

"With the club expecting further growth of 30m euros (£25.5m) in commercial revenues and total revenue of nearly 880m euros (£749.5m) in 2019-20, we expect them to retain the top spot in next year's edition". TV deals and competition money increase sales while Celtic depends on the Champions League qualification or the sale of their greatest assets.

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The €83.5 million (US$92.9 million) margin between Barca and Real is the widest gulf between first and second in the history of the Money League. "The largest revenue-generating clubs continue to pull away from the rest".

This time, Barcelona is officially the richest football club in the world for the first time.

Their closest Premier League rivals are City and Liverpool in sixth and seventh respectively, with City just £88.9m behind. Spurs' revenue increased 21% to £459.3m, which was largely attributable to increased revenue from broadcasters and commercial sources.

Arsenal slipped from ninth to 11th overall, highlighting the financial consequences of the club's absence from the Champions League for the second consecutive season. As a result, the number of Premier League teams in the top 10 has reduced to five this year, from a record six in the previous year.

These were the details of the news Ranked: Barcelona open record gap over Real Madrid in Deloitte Money League - in pictures for this day.

A new report into the financing of football says it remains debatable whether broadcast revenues are finally beginning to plateau.

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