Real Madrid has retained its position as the world's highest-earning football club in the 2024/25 season, generating €1.161 billion in revenue, according to Deloitte's latest Football Money League report.
The Spanish giants are the only club to surpass the €1 billion mark, reflecting their global commercial appeal, matchday income and broadcasting strength.
Fellow Spanish powerhouse FC Barcelona ranks second with €975 million, while Germany's Bayern Munich follows in third place with €861 million.
French champions Paris Saint-Germain and English side Liverpool complete the top five, earning €837 million and €836 million respectively.
The ranking highlights the financial dominance of Europe's elite clubs, with the English Premier League accounting for five of the top ten teams.
Manchester City, Arsenal, Manchester United, Tottenham Hotspur and Chelsea all feature prominently on the list.
Manchester United remains among the world's biggest revenue generators despite recent struggles on the pitch, earning €793 million.
Overall, the figures underline the growing commercialisation of football, with leading clubs increasingly relying on sponsorships, media rights, merchandising and global fan engagement to drive record revenues.
