6 Richest English Clubs Based on 2023/24 Revenues
The Premier League remains the financial powerhouse of football, and the latest Football Money League report from Deloitte proves it. Nine English clubs are among the top 20 richest teams in the world, showing just how strong the league is.
Even though some clubs have seen slight revenue drops, their financial strength remains unmatched. Here are the six richest English clubs based on their earnings in the 2023/24 season.
Manchester City (€837.8m)
Manchester City continue to lead the way as the highest-earning English club. Their total revenue has reached €837.8 million, keeping them ahead of every other team in England.
Most of their income comes from commercial deals, matchday revenue, and TV broadcasting. While their earnings have only grown by 1% this year, City’s ability to stay at the top proves their dominance both on and off the pitch.
Despite their strong position, they remain second in the world behind Real Madrid, showing there is still room for financial growth.
Manchester United (€770.6m)
Manchester United remain one of the biggest names in football, and their revenue of €770.6 million places them just behind City.
Their earnings have grown slightly, but the club could have made much more if they had performed better in the Champions League. Being eliminated early in the group stage meant they missed out on significant TV money.
With United set to play in the Europa League next season, their revenues might not see a major increase. However, their global fanbase and strong commercial deals continue to keep them among the richest clubs.
Arsenal (€716.5m)
Arsenal’s return to the Champions League has massively boosted their earnings. The Gunners generated €716.5 million this season, marking a 35% increase from the previous year.
A big reason for this rise is their TV revenue, which jumped from €220 million to €305 million thanks to their participation in Europe’s biggest competition.
In addition, Arsenal made more money from matchdays and commercial deals. Their financial growth shows how important playing in top tournaments is for a club’s revenue.
Liverpool (€714.7m)
Liverpool have continued to grow financially, with their revenue reaching €714.7 million. While their income increased by 5%, it could have been even higher if they had played in the Champions League.
Instead, the Reds were in the Europa League, which meant they earned less from TV rights. Their broadcasting revenue dropped from €282 million to €240 million as a result.
However, Liverpool made up for some of this loss through record commercial earnings and higher matchday income. If they qualify for the Champions League next season, their revenues should rise even further.
Tottenham (€615m)
Tottenham remain among the richest clubs in England despite seeing a small drop in earnings. Their total revenue stands at €615 million, with TV rights playing a major role in their finances.
Like Chelsea, Spurs earned less from broadcasting this season, losing €40 million compared to last year. However, they managed to balance some of this by increasing their commercial revenue by €37 million.
Their matchday earnings, on the other hand, dropped by €12 million, showing that filling stadiums and hosting big games still plays a huge role in club finances.
Chelsea (€545.5m)
Chelsea complete the list of the richest English clubs, but their revenue has dropped by 7% compared to last year. Their total earnings now stand at €545.5 million.
The biggest reason for this drop is their failure to qualify for European competitions, which cost them around €70 million in lost TV earnings.
Despite this, Chelsea still managed to increase their commercial revenue (€262 million) and matchday income (€93 million). However, these gains weren’t enough to cover their losses from missing out on European football.
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