Sports

Barcelona becomes the world’s highest-earning football club

Barcelona becomes the world’s highest-earning football club

TIL Desk Sports/ FC Barcelona has topped the list of the richest football clubs in the world for the first time with a revenue of 840.8 million euros ($935.97 million) during the 2018-19 season, according to Deloitte”s Football Money League.

The revenue generated by the club is a 22 per cent jump over that of the last season, when it earned 690.4 million euros, due to an increase in commercial revenue (383.5 million euros, up 19 per cent) and broadcast revenue (298.1 million euros, 34 per cent more), according to the ranking of football clubs produced annually by the accounting firm Deloitte.

The increase in its earnings has allowed Barca to surpass its arch-rival Real Madrid, which earned 757.3 million euros, one per cent more than the previous season, when its revenue stood at 750.9 million euros.  The top 10 of the list includes five English clubs — Manchester United, which is in third place, Manchester City, Liverpool, Tottenham and Chelsea — German club Bayern Munich in fourth, France”s Paris Saint-Germain in fifth and Italy”s Juventus in 10th.

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