LONDON • European champions Real Madrid displaced Manchester United as the world's highest-earning football club after the Premier League side's underperformance on the pitch in recent seasons ate into their dominance off it.
United slumped to third place, below both Real and Barcelona based on revenue for the 2017-18 season, financial services firm Deloitte said in its annual Football Money League yesterday.
The Red Devils have been the wealthiest club for two of the past three years and eight times in the last two decades.
Clubs in the Premier League - which has the highest broadcast revenue - took six of the top-10 spots, but LaLiga's two biggest teams prevailed thanks to their Champions League prowess and supremacy at home.
The changing of the guard in football's financial list mirrors the contrasting on-field fortunes of United and Real of late. Santiago Solari's men have won the Champions League for the last three seasons while, in the same period, United have failed to get past the last 16.
Their annual revenue was also hit by a slump in the British pound, growing only 1.5 per cent to £590 million (S$1 billion). Real, on the other hand, surged 11 per cent to €751 million (S$1.1 billion).
A spokesman for United said the club were "not too concerned" about financial league tables from year to year as the team remain a top global sports brand by any measure.
Part of their confidence lies in the fact that the Premier League still dominates the money pile.
There are a further five English top-flight teams in the top 10, including Liverpool, Chelsea and Arsenal, with even relegation-threatened Newcastle making the top-20 cut despite going trophyless since 1969.
Tottenham, who are waiting to move into a 62,000-capacity stadium, re-entered the top 10 for the first time since the 2006-07 term.
Italian Serie A champions Juventus, meanwhile, dropped out of the top 10 for the first time since the 2010-11 season despite signing former Real talisman Cristiano Ronaldo in the close season.
Weaker broadcast revenue in Italy relative to other big European leagues means Juventus have to do better than their rivals in the Champions League to bridge the gap.
Manchester City and Paris Saint-Germain, who are backed by wealthy Middle East owners, are in fifth and sixth place.
Both are, however, facing claims they have breached the Financial Fair Play regulations, but City and PSG have denied any wrongdoing.
BLOOMBERG
Football: Mauricio Pochettino plans to ruin old pal Pep
Ajax, who have won the trophy four times, most recently in 1995, reached the last eight of Europe's top competition for the first time since 2003 Holder Real Madrid were sensationally knocked out of the Champions League Tuesday after being thrashed 4-1 at home by an outstanding Ajax Amsterdam who
Shellshocked Madrid knocked out of Champions League by
Sergio Aguero's hat-trick led Manchester City to a 3-1 win over Arsenal on Sunday and back into second place in the Premier League, two points behind leaders Liverpool.
Aguero hat-trick fires Man City to 3-1 win over Arsenal
MADRID: Ghanaian forward Kevin-Prince Boateng is on the verge of joining Barcelona in a shock loan move from Italian side Sassuolo, according to media reports in Spain on Monday. Catalan daily Sport reported that the leaders of La Liga had agreed a deal to take Boateng on loan until the end of the
Boateng set for shock Barcelona move - reports - France - RFI
en.rfi.fr/wire/20190121-boateng-set-shock-barcelona-move-reports
Ghanaian forward Kevin-Prince Boateng is on the verge of joining Barcelona in a shock loan move from Italian side Sassuolo, according to media reports in Spain on Monday. Catalan daily Sport
Kevin-Prince Boateng set for shock loan move to Barcelona
Spurs paid the price for complacency: Pochettino, Football
"I don't think there is any," Virgil van Dijk tells reporters of his chances of winning the Ballon d'Or after leading Liverpool to a historic sixth Champions League crown.
SBOBET | Premier League: No Warm Welcome for Liverpool in the
blog.ace7556.com/premier-league-no-warm-welcome-liverpool-in-east-end/
Jurgen Klopp's Liverpool need to stay cool, though, as the temperature in the title race is beginning to get rather warm. The Premier League 2019 betting odds will stay with Liverpool as long as they keep winning; the leaders are available at 1.48 while Manchester City are at 2.70 here at SBOBET.
Limerick and Galway face test of credentials as early
Football: Liverpool and Spurs fans call on sponsors to hand over some Champions League final tickets Liverpool's miracle comeback trumps Spurs', say fans in Singapore SPH Digital News
Flipboard: Mohamed Salah Expected to Return as Liverpool
Football News -(THE GUARDIAN) - Jose Mourinho still has a big reputation in China even if it is not as esteemed as it once was. Where next for Jose Mourinho as Real Madrid have an itch to
Where next for José Mourinho as Real Madrid have an itch to
Manchester City were shocked 3-2 by Crystal Palace at home on Saturday, suffering their second defeat in three Premier League matches to lose ground on Liverpool in the title race.
Manchester City suffer shock 3-2 Premier League defeat by
Why Trust Is Critical to Team Success Trust is "hot." Today, more than ever, it's increasingly recognized as an essential asset to break down silos, foster collaboration, deepen teamwork, drive engagement, and manage the never-ending process of change. When trust is present, people step forward and do their best work, together, efficiently.
The Decision to Trust - Harvard Business Review
Young boy taunts an angry 10ft snake before grabbing it with his bare hands and dragging it out of the road where it was causing a major traffic jam Fans incorrectly accuse Kylie Jenner of
Everton players have "100 per cent belief" Marco Silva will
0 Kommentare:
Kommentar veröffentlichen