Accounting company "Deloitte" still leads in the list of the world's wealthiest clubs and Madrid's "Real" continues to hold the top spot.
According to the financial results of the previous season, "Real" saw their revenue increase from 401 to 439 million euros. This happened despite an early exit from the Champions League and Barcelona's triumph in the Spanish championship.
In second place remains Barcelona, in third - Man Utd. The biggest leap was made by Man City - rising from 20th place in the English Premier League to 11th.
The top twenty includes seven teams from England, four from Germany and Italy, three from Spain, and two from France.
It should also be noted that the clubs in the top ten have remained unchanged for the third consecutive year.
In Deloitte's calculations, expenses for transfers, salaries, and various taxes are not taken into account.
The top ten highest-earning clubs are:
1. Real Madrid 438 million euros
2. Barcelona 398
3. Man Utd 350
4. Bayern Munich 323
5. Arsenal 274
6. Chelsea 256
7. Milan 236
8. Liverpool 225
9. Inter Milan 225
10. Juventus 205