Arsenal leapfrog Liverpool, Spurs and Chelsea in football rich list as Real Madrid break never-before-seen record
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ARSENAL have leapfrogged Liverpool and London rivals Spurs and Chelsea in the latest football earnings table. The Gunners had dropped to 10th in the global revenue charts after five years outside the European elite. But their return to the Champions League last season, and another Prem near-miss, saw the Emirates outfit gross £605.5m to move up to seventh in a table headed by Real Madrid.
![[Bukayo Saka celebrates an Arsenal goal with teammates.]](https://www.thesun.co.uk/wp-content/uploads/2025/01/bukayo-saka-celebrates-scoring-1st-899093916.jpg?strip=all&w=960)
The Spanish giants became the first club in Uefa football history to bank more than £1b Euros in 2023-24, with the Bernabeu side, who won a 15th European crown, earning £883.7m after the refurbishment of their home ground. While Manchester City remained second in the table, with revenues of £708.1m, the gap between them and Madrid has leaped from just £5m in 2022-23 to £175m, last season.
![[Illustration of Deloitte's Football Money League 2025 ranking.]](https://www.thesun.co.uk/wp-content/uploads/2025/01/VP-22_01-DELOITTE-FOOTBALL-MONEY-LEAGUE-2025-v2_d99376.jpg?strip=all&w=612)
Across Manchester, United moved up from fifth to fourth, overtaking Barcelona, who dropped two places, even though their revenues rose by less than £3m, from £648.5m to £651.4m. But it was Arsenal who made the biggest advance - as Spurs’ lack of any European football saw them drop from eighth to ninth, according to the latest Deloitte Football Money League figures.
Tottenham had seen record income of £549.2m in 2022-23, when they reached the last 16 of the Champions League but missed out on European qualification. That saw their 2023-24 income cut to £519.9, a £30m reduction. Arsenal, eliminated by Bayern Munich in the last eight, earned £258.2m from broadcasters, plus £129.7m in match-day income and £217.9m from their commercial deals.
