Story perspectives

Real Madrid Tops €1.16B Revenue; Liverpool Surges Past United

1/23/2026

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Financial Titans Rise

Real Madrid posted €1.16 billion in revenue for the 2024-25 season, leading global earnings despite no major titles.
Liverpool surpassed Manchester United as Premier League's top financial earner for the first time, reporting €836 million.
The top 20 clubs posted €12.4 billion in combined revenue, driven by commercial income and matchday revenue.
Deloitte notes Saudi Pro League clubs and Inter Miami could challenge European dominance.

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Flamengo's Revenue Growth

Clube de Regatas do Flamengo is the only non-European club in Deloitte’s top-30 revenue ranking, placing 29th with €202.7 million in 2024-25.
Deloitte notes income is sustainable, excluding player sales, underscoring Flamengo's growing strength.
Despite a revenue gap with Real Madrid and Barcelona, Flamengo benefits from a large fan base that supports sponsorship.
Latin American clubs face barriers due to lack of European media and sponsorship advantages.

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Financial Titans Rise

Real Madrid posted €1.16 billion in revenue for the 2024-25 season, leading global earnings despite no major titles.
Liverpool surpassed Manchester United as Premier League's top financial earner for the first time, reporting €836 million.
The top 20 clubs posted €12.4 billion in combined revenue, driven by commercial income and matchday revenue.
Deloitte notes Saudi Pro League clubs and Inter Miami could challenge European dominance.

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