Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Madrid, Barca remain top football moneymakers

23 January 2014, 19:18

London - Real Madrid and Barcelona are football's biggest moneymakers for the fifth straight year, while Manchester United lost its place among the top three biggest-earning clubs for the first time.

United, which is enduring a lackluster season under new manager David Moyes, dropped to fourth behind European champion Bayern Munich in the Football Money League compiled by accountancy firm Deloitte.

The biggest growth in 2012-13 was at Paris Saint-Germain, which leapt from 10th to 5th as the club's global profile was enhanced by David Beckham's four-month spell in the championship-winning team.

Madrid stayed top for the ninth straight year after revenue rose slightly to 518.9 million euros ($703 million), while Spanish rival Barcelona had revenues of 482.6 million euros ($654 million).

"Real Madrid remain firmly at the top of the Money League, even though the club experienced a trophyless end to the 2012-13 season," said Dan Jones, a partner in the sports business group at Deloitte. "Despite tough economic conditions, particularly within Spain, the club's ability to generate substantial commercial revenue both domestically and internationally is central to their success.

"This helped widen the gap to their nearest rivals in the Money League, Barcelona, to 36 million pounds. Both Spanish clubs enjoy substantial revenue from individually negotiated broadcast deals, which is key in contributing to their overall revenue advantage over their European peers."

In Germany, Bayern's income leapt 17 percent to 431.2 million euros ($584 million) as the German club won the Champions League, Bundesliga and German Cup.

United's growth was slower — 13 percent to 363.2 million pounds ($602 million) — as the team collected the Premier League title before manager Alex Ferguson retired in May.

"It is the first time Manchester United have dropped out of the top three but Bayern had an exceptional year," Jones said. "Next year United will have the Chevrolet (shirt sponsorship) deal plus other new commercial deals in their figures, and the new Premier League TV deal so we are confident they will be back in the top three."

But in the Premier League, United is seventh, 14 points behind leader Arsenal, with a fight to secure one of the four Champions League spots.

"The longer term depends in part what happens on the pitch and if they do not qualify for next season's Champions League that is probably worth 50 million euros directly in terms of money from TV and attendances at Old Trafford," Jones said.

Deloitte revealed details of clubs yet to publish their 2012-13 accounts, including two of the biggest spending clubs, Paris Saint-Germain and Manchester City, who face a challenge complying with UEFA's Financial Fair Play regulations. The Gulf-owned teams have benefited from sponsorship deals related to their owners.

Income at Qatar-owned PSG soared by 180 percent to 398.8 million euros ($540 million) as it won the French league for the first time in 19 years.

"We expect to see them become a mainstay in the top five in years to come, backed by their ambitious Qatari owners and strong commercial support," said Austin Houlihan of Deloitte.

"The high-profile signing of David Beckham in the second half of the 2012-13 season only served to enhance the club's worldwide profile. Importantly, commercial success off the pitch is translating into improved on-pitch performance for the club."

Man City's turnover rose by 17 percent to 271 million pounds ($449 million) despite the Abu Dhabi-owned team failing to win a trophy last season.

Two Premier League rivals are directly below City, with Chelsea seeing turnover drop slightly to 260 million pounds ($431 million) and Arsenal's rising to 243.6 million pounds ($404 million).

- AP

- AP


Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...