Barcelona topple Real Madrid to become richest football club in the world

Madrid: 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, reports Efe news.

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.

The only other Spanish football club, apart from Barcelona and Real Madrid, among the top 20 richest clubs in the world is Atletico Madrid, which held on to its 13th spot of the previous year with revenues of 367.6 million euros, a 21 per cent increase.

The 20 most powerful clubs generated a revenue of 9.3 billion euros in the 2018-19 season, according to the 23rd edition of the ranking, 11 per cent more than the previous season, with an increase of 16 per cent in the revenue generated from television rights (a total of 575 million euros), an increase of 9 per cent in commercial revenue (313 million) and 4 per cent more in match day revenue (tickets and passes, 51 million).

Also Read: Barcelona sack Ernesto Valverde as head coach, appoint Quique Setien as replacement