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Manchester
United's Wayne Rooney leaves the field after the English Premier League soccer
match between Manchester United and Liverpool at Old Trafford stadium in
Manchester, England, Sunday, Jan. 15, 2017. (AP Photo/Dave Thompson)
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Manchester United is a
long way from winning the English Premier League again but is back on top of
another table — as soccer's biggest moneymaker.
Associated
Press report continues:
For
the first time since 2005, Manchester United overtook Real Madrid in top spot
in the soccer finance rankings compiled by accountancy firm Deloitte even as it
sits sixth in the Premier League.
In
2015-16 when United won only the FA Cup and failed to qualify for the Champions
League, the 20-time league champions generated £515.3 million (€689 million
based on the annual average; now about US$632 million).
Spanish
champion Barcelona had €620.2 million in revenue and Real Madrid, which won an
11th Champions League title in May, dropped to third on €620.1 million in
Deloitte's 20th annual rankings.
United's
stay at the top could be short-lived with the pound weakening since Britain
voted to leave the European Union in June and the failure to reach the
Champions League.
Despite
Jose Mourinho replacing Louis van Gaal as manager, United is struggling to
break back into the top four Champions League qualification places let alone
win the first Premier League title since Alex Ferguson's retirement in 2013.
But
United, owned by the Florida-based Glazer family and listed on the New York
Stock Exchange, has maintained an ability to attract sponsors.
"Manchester
United have had to wait 11 years to regain their position as the world's
leading revenue-generating club and it has taken phenomenal commercial revenue
growth to help them achieve this," said Dan Jones of the Deloitte sports
division.
"In
recent years, their ability to secure commercial partnerships with value in
excess of that achievable by their peers has been the crucial factor in
enabling the club to regain their place at the top of the Money League."
The
top five is completed by German champion Bayern Munich and Manchester City.
The
eight English clubs in the top 20 account for 45 percent of the accumulated
revenue in the standings of €7.4 billion — up 13 percent from the previous
year. Leicester, a first-time winner of the Premier League, makes the cut for
the first time, squeezing into 20th place on £128.7 million.
West
Ham returns to the top 20 and should move up from 18th place (£143.8 million)
following its move last summer to Olympic Stadium.
The
other Premier League teams are: Arsenal (seventh at £350.4 million), Chelsea
(eight at £334.6 million), Liverpool (ninth at £302 million) and Tottenham
(12th at £209.2 million).
The
weight of English clubs in the revenue rankings should increase next year with
the rise in television revenue. Premier League clubs should each earn at least £100
million a season as part of the rights deals worth more than £8.3 billion over
three years.
The
only French team represented in the rankings is Paris Saint-Germain, which fell
two places to sixth with revenue of €520.9 million. Zenit Saint-Petersburg is
the only Russian team included, improving a place to 17th by generating €196.5
million.
Along
with Bayern, German also provides Borussia Dortmund (11th at €283.9 million)
and Schalke (14th at €224.5 million).
Juventus
heads the list of four Italian teams, in 10th place on €224.5 million, followed
by AS Roma (15th at €218.2 million), AC Milan (16th at €214.7 million) and
Inter Milan (19th at €179.2 million).
Deloitte
warns that the enhanced English broadcast deals could see at least one of the
Milan teams fall out of the top 20 next year.
Joining Barcelona and Real Madrid in the rankings from Spain are Atletico Madrid in 13th place at €228.6 million.
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