European Clubs Hit 10.4 Billion Euros Revenue Record

Europe's top football clubs shattered revenue records in the 2024-25 season, generating a collective 10.4 billion euros, according to the latest Deloitte Football Money League report. The 29th edition, published by Deloitte's Sports Business Group, highlighted an 11 percent increase across commercial, matchday and broadcast streams, driven largely by the revamped UEFA Champions League format that boosted matches and media rights deals.

Real Madrid held the top spot with 1.2 billion euros in revenue, retaining their position after reaching the Champions League quarterfinals. Barcelona followed in second at 975 million euros, having advanced to the semifinals, while Bayern Munich secured third with 861 million euros from a similar quarterfinal run. Paris Saint-Germain, the sole Ligue 1 representative in the top 10, ranked fourth at 837 million euros after winning the Champions League title.

For the first time, no Premier League club cracked the top four, a shift attributed to the expanded European competition's financial windfall for continental rivals. Liverpool emerged as England's highest earner, climbing to fifth place with 836 million euros. The club's revenue surged...