- Real Madrid regained the top spot in revenue with £723 million.
- Manchester City had a record revenue of £718 million but stadium size limits growth.
- Tottenham surpassed Chelsea to become London's richest club.
The report also revealed that the revenue of the top 20 richest men’s clubs increased by 14% to £9 billion last season.
Tottenham, surprisingly, surpassed Chelsea to become the richest club in London. In other findings, there has been a slowdown in the extent of Premier League dominance, with only eight English clubs making the top 20 compared to 11 in the 2021–22 season.
Liverpool’s underwhelming on-field performances led to a drop from third to seventh place, marking the most significant fall among the top 20 clubs. Their revenue declined from £594.3 million to £593.8 million. Manchester United slipped one place to fifth, while Tottenham moved up to eighth, overtaking Chelsea in ninth and Arsenal in tenth. Leicester City, Leeds United, and Everton fell out of the top 20, making way for Eintracht Frankfurt, Napoli, and Marseille.
“It shows that the Premier League can’t rest on its laurels,” said Tim Bridge, lead partner in Deloitte’s Sports Business Group. “It’s worth noting that while domestic TV rights have risen slightly, the league has had to give away more matches to achieve that.”
Madrid took the lead again, increasing their income by £119 million to £723 million thanks to sell-out crowds, strong retail sales, and increased sponsorship income. City also demonstrated a robust performance, achieving a record £718 million in revenues for the 2021-22 season. However, it was noted that their 53,400-seat stadium somewhat impeded their progress.
“City’s match-day revenue is €83m [£71m],” he said. “But the question is how they can kick over the €100m revenue marker, which is the threshold of clubs with innovative new stadiums. Real Madrid and Barcelona will be way over that figure in the future, and Tottenham are significantly over it now."
