Z-SPORTS

22 January, 2026

Real Madrid Remain Biggest-Earning Club in World Football

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Real Madrid remained the biggest-earning club in world football during the 2024-25 season while Liverpool for the first time generated the most revenues in the Premier League, according to an annual financial list published on Thursday.

The Spanish club topped Deloitte's Football Money League with 1.16 billion euros ($1.36 billion) of revenue despite not winning either LaLiga or the Champions League.

The only club to make more than $1 billion in the past two seasons, Real Madrid benefited in 2024-25 from a whopping 23% rise in commercial revenue - driven by merchandise and corporate partners - to 594 million euros, the Deloitte figures showed, opens new tab.

Perennial rivals and reigning LaLiga champions Barcelona were the second highest earners with 975 million euros, back in the top three for the first time in five years.

Bundesliga champions Bayern Munich ranked third with 861 million euros, ahead of Champions League winners Paris St-Germain on 837 million euros.

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