Barcelona have overtaken Real Madrid to top the Deloitte Football Money League for the first time and become the first club to break the €800 million revenue barrier.
The 23rd edition of the table shows an 11 percent rise in combined revenues, excluding transfer fees, for the top 20 clubs who between them enjoyed turnovers of a record €9.3 billion for the 2018-19 season.
Real Madrid have dropped to second, generating income of €757.3 million, while Manchester United remain third.
Arsenal have slipped out of the top 10 for the first time.
Barcelona’s rise to the top with income of €840 million is a clear sign of ‘a club adapting to changing market conditions’ by bringing merchandising and licensing activities in-house, according to Dan Jones, partner in the Sports Business Group at Deloitte.
Bayern Munich remain in fourth position with Paris St Germain entering the top five ahead of Manchester City.
Champions League winners Liverpool are seventh, one place ahead of Tottenham Hotspur who they beat in the final.
Tottenham’s €521.1 million income pushes them ahead of Chelsea and Arsenal, making them the capital’s highest revenue generating club for the first time since 1996-97.
Once again the Premier League’s eye-watering television broadcast deals have enabled it to dominate the Money League with eight clubs inside the top 20.
Spain’s La Liga has three and the Bundesliga have three while Serie A has four but Juventus are the highest-placed in 10th. Napoli have moved into the top 20.
The highest-ranked club outside the big five leagues is Ajax Amsterdam in 23rd place.