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Deloitte Money League: Bayern Climbs to No. 3 as Europe’s Elite Set Revenue Record

Expanded European tournaments plus the 2025 Club World Cup lifted media payouts, with matchday income also jumping.

Overview

  • Real Madrid led the 2024/25 ranking with €1.161 billion in revenue, Barcelona placed second with €974.8 million, and Bayern Munich reached third at €860.6 million, with transfer income excluded from all figures.
  • The top 20 clubs generated a record €12.4 billion, an 11% year-over-year increase driven by higher media distributions and strong commercial performance.
  • Matchday receipts rose 16% to €2.4 billion, while media revenues totaled about €4.7 billion and commercial income reached roughly €5.3 billion.
  • Three Bundesliga teams made the top 20: Bayern (3rd), Borussia Dortmund (12th, €531.3 million) and VfB Stuttgart (18th, €296.3 million), with Stuttgart returning after 15 years.
  • Nine Premier League clubs featured in the list yet none cracked the top four, and women’s teams posted record growth as the top 15 reached €158 million with Bayern Women doubling revenue to €7.2 million.