For the first time in the 26-year history of the publication, Liverpool has risen four spots to third for 2021/22 in the Deloitte Football Money League. They are now ahead of Manchester United.

 

The Money League, which ranks the 20 highest revenue-generating football clubs in the world, places Manchester City at the top. Real Madrid, Manchester United, and Paris Saint-Germain round out the top five.

 

Due to a revenue gain of roughly 22% from £487.4 million in 2020–21 to £594.3 million in 202–21, Liverpool is the edition’s top mover this year.

 

Deloitte attributed Liverpool’s growth to increased matchday revenue and more broadcast money from their journey to the 2022 Champions League final.

 

Premier League clubs make up most of the 20 teams in this year’s Money League, including two new additions in Leeds United (18th) and Newcastle United. This shows the League’s financial might (20th).

 

With a revenue increase of 13% from £324.5 million to £367.1 million, Arsenal (10th) moves up from 11th place to become the first new club to reach the top 10 since 2018/19. However, they remain behind Chelsea (8th), who made £481.3 million, and Tottenham (9th), whose total of £442.8 million represents an enormous 23% increase from 2020/21.

 

The next-highest Premier League team is West Ham (15th), which had its revenue climb annually by 30%, from £196.1 million in 2020–21 to £255.1 million in 202–21, the biggest gain of any team in the Money League.

 

With revenue totals of £189.2 million and £179.8 million in 2021/22, respectively, the Money League’s new Premier League representatives, Leeds and Newcastle, move up into the top 20.

 

Only two Premier League teams—Leicester City (17th) and Everton (19th)—have seen a decline in income of at least 6%, to £213.6 million for Leicester City and £181 million for Everton, respectively. As a result, Leicester City fell two spots, and Everton fell one place in the Money League rankings.

 

The situation could have been better for teams from Europe’s other top divisions.

 

Bayern Munich (6th) and Barcelona (7th) dropped three spots in the Money League due to their low revenue growth, which increased to £553.5 million and £540.5 million, respectively.

 

While Juventus (11th) and Inter Milan (14th) saw their revenues drop by roughly 12 and 11%, respectively, and Borussia Dortmund’s (13th) only slightly increased. Atletico Madrid (12th) and AC Milan (16th) fared better, seeing their revenue increases of 13% and 17%, to £333.6m and £224.4m, respectively, helping them move up a spot each.