LONDON • European champions Real Madrid displaced Manchester United as the world's highest-earning football club after the Premier League side's underperformance on the pitch in recent seasons ate into their dominance off it.
United slumped to third place, below both Real and Barcelona based on revenue for the 2017-18 season, financial services firm Deloitte said in its annual Football Money League yesterday.
The Red Devils have been the wealthiest club for two of the past three years and eight times in the last two decades.
Clubs in the Premier League - which has the highest broadcast revenue - took six of the top-10 spots, but LaLiga's two biggest teams prevailed thanks to their Champions League prowess and supremacy at home.
The changing of the guard in football's financial list mirrors the contrasting on-field fortunes of United and Real of late. Santiago Solari's men have won the Champions League for the last three seasons while, in the same period, United have failed to get past the last 16.
Their annual revenue was also hit by a slump in the British pound, growing only 1.5 per cent to £590 million (S$1 billion). Real, on the other hand, surged 11 per cent to €751 million (S$1.1 billion).
A spokesman for United said the club were "not too concerned" about financial league tables from year to year as the team remain a top global sports brand by any measure.
Part of their confidence lies in the fact that the Premier League still dominates the money pile.
There are a further five English top-flight teams in the top 10, including Liverpool, Chelsea and Arsenal, with even relegation-threatened Newcastle making the top-20 cut despite going trophyless since 1969.
Tottenham, who are waiting to move into a 62,000-capacity stadium, re-entered the top 10 for the first time since the 2006-07 term.
Italian Serie A champions Juventus, meanwhile, dropped out of the top 10 for the first time since the 2010-11 season despite signing former Real talisman Cristiano Ronaldo in the close season.
Weaker broadcast revenue in Italy relative to other big European leagues means Juventus have to do better than their rivals in the Champions League to bridge the gap.
Manchester City and Paris Saint-Germain, who are backed by wealthy Middle East owners, are in fifth and sixth place.
Both are, however, facing claims they have breached the Financial Fair Play regulations, but City and PSG have denied any wrongdoing.
BLOOMBERG
Anumanthan signed for Home United in mid 2017 due to National Service commitments and featured his first game for the protectors against his former club Hougang United in October later that year. He went on to score his first goal for the club against rivals Warriors FC in a 2-1 loss.
Toyota operating profit growth to drop this year on revenue slip
Football: Barca's Dembele back training ahead of Man United
VALLETTA • Spain coach Luis Enrique put up a vigorous defence of Alvaro Morata after the striker was closely criticised over the weekend for one more wasteful show of their opening Euro 2020 qualifying win over Norway, insisting he had "his best match with us".
Football - Morata double gives Spain win over defensive Malta
Hojbjerg strike gives Southampton 1-0 win at Brighton. Pierre-Emile Hojbjerg scored the goal as Southampton withstood a second-half onslaught from Brighton & Hove Albion to secure a vital 1-0
Football: Hojbjerg strike gives Southampton 1-0 win at Brighton
Soccer Football - Premier League - AFC Bournemouth v Tottenham Hotspur - Vitality Stadium, Bournemouth, Britain - May 4, 2019 Tottenham's Moussa Sissoko shakes hands with manager Mauricio Pochettino
Soccer: Pochettino defiant as poor Tottenham form continues
rajanayachronicles.com/?p=121777
Soccer: Pochettino defiant as poor Tottenham form continues Share Tweet (Reuters) - Tottenham Hotspur manager Mauricio Pochettino remained defiant despite his side preparing for their Champions League semi-final second leg against Ajax Amsterdam in disjointed fashion as they had two men sent off in a 1-0 defeat by Bournemouth.
France coach Didier Deschamps said on Monday that Olympique Lyonnais left back Ferland Mendy will join Real Madrid. FILE PHOTO: Soccer Football - Ligue 1 - OGC Nice v Olympique Lyonnais - Allianz
Soccer-Ferland Mendy set for Real move, says France coach
Tottenham's first home game at their new stadium has been provisionally confirmed, with Spurs set to host Crystal Palace on Wednesday, April 3.. Spurs confirmed last week that they had held talks
Griezmann On Target Again As Atletico Edge Closer To Barcelona the Spanish league football match between Club Atletico de Madrid and Getafe CF at the Wanda Metropolitano stadium in Madrid on
Griezmann on target again as Atletico edge closer to Barca
Champions League final: Manchester United were linked with Mauricio Pochettino, but he thinks success will matter more at Tottenham than Old Trafford.
Ole Gunnar Solskjaer's heroes welcomed home by fans in Manchester
desdelabanda.com/2019/01/14/ole-gunnar-solskjaers-heroes-welcomed-home-by-fans-in/
Football: Spurs' Pochettino recalls how he cheered United counterpart Solskjaer's 1999 Champions League final goal However, he was regularly restricted to substitute appearances after Jose Mourinho replaced Van Gaal as manager later that year, and was often asked to play in a left-sided role, with Romelu Lukaku as the central attacker.
Pochettino: Spurs must 'trust the universe' for Champions
Aguero inches Man City closer to title. Victories at home to Leicester a week on Monday, and away at Brighton the following Sunday will see Pep Guardiola's side retain their English title Jun 06
Aguero inches Man City closer to title - Daily Monitor
A woman has accused Brazil soccer star Neymar of raping her in Paris, according to a Sao Paulo police report seen by Reuters. Neymar's representatives did not immediately respond to a request for comment. The Globo website, which first reported the news, said that a representative for Neymar declined to comment, awaiting details of the allegations.
Brazil soccer star Neymar accused of committing rape in Paris
'Massive' victory gives Pochettino renewed belief. Jan 3, 2019, 5:00 am. Football: Proud Pochettino demands consistency from title-chasing Spurs. Jan 2, 2019, 5:09 am.
Mauricio Pochettino: Tottenham's win at Cardiff gives us
0 comments:
Post a Comment