Manchester United has dropped out of the top three in Deloitte’s football rich list for the first time.
Real Madrid, Barcelona and Bayern Munich were in the first three places in Deloitte’s list, which is based on revenues in the 2012-13 season.
Real Madrid, with revenues of 518.9m euros (£444.7m), topped the list for the ninth year in a row, breaking a record previously held by Man Utd.
French champions Paris Saint Germain took fifth spot in the table.
Despite falling down the pecking order, United’s revenues increased from 395.9m euros to 423.8m euros.
The total combined revenue for the top 20 richest clubs rose 8% to 5.4bn euros, the report found. The list only looks at revenues accrued and does not take into account club debts.
“Whilst Manchester United drop one place in the Money League, a number of the club’s recent commercial deals will boost revenue in 2013-14, so this fall to fourth place may only be temporary,” said Deloitte’s Austin Houlihan.
“These deals, combined with the impact of the improved three-year Premier League broadcast deals from 2013-14, mean they are likely to get close to the 500m-euro revenue mark in next year’s Money League.
“Beyond 2013-14, consistent qualification for the Champions League is key in United challenging to regain top spot in the Money League, a position it last held in 2003-04.”-BBC