Manchester United generated the most revenue of any football club in the world last season, according to a report published by Deloitte.
United dethrone Real Madrid - who held top spot for 11 years - after accumulating a record revenue of 689m euros (£515m) during the 2015-16 term.
The Premier League club saw commercial revenue grow by 100m euros (£71m).
Combined revenue for the top 20 clubs during the 2015-16 season grew 12% to 7.4bn euros (£6.41bn) - a new record.
It is the first time Manchester United have topped the annual Deloitte Football Money League since the 2003-04 season.
Top 10:
1. (3) Manchester United
2. (2) Barcelona
3. (1) Real Madrid
4. (5) Bayern Munich
5. (6) Manchester City
6. (4) Paris St-Germain
7. (7) Arsenal 468.5
8. (8) Chelsea 447.4
9. (9) Liverpool 403.8
10. (10) Juventus 341.1
Note: Club’s previous positions in bracket.
United dethrone Real Madrid - who held top spot for 11 years - after accumulating a record revenue of 689m euros (£515m) during the 2015-16 term.
The Premier League club saw commercial revenue grow by 100m euros (£71m).
Combined revenue for the top 20 clubs during the 2015-16 season grew 12% to 7.4bn euros (£6.41bn) - a new record.
It is the first time Manchester United have topped the annual Deloitte Football Money League since the 2003-04 season.
Top 10:
1. (3) Manchester United
2. (2) Barcelona
3. (1) Real Madrid
4. (5) Bayern Munich
5. (6) Manchester City
6. (4) Paris St-Germain
7. (7) Arsenal 468.5
8. (8) Chelsea 447.4
9. (9) Liverpool 403.8
10. (10) Juventus 341.1
Note: Club’s previous positions in bracket.
