Know The Richest Clubs In The World 2023/2024: Real Madrid Number One Although There Are Many England

• Real Madrid has become the first club to bring in a billion euros in annual revenue, topping the list in the 2023/2024 season
• Clubs earn their income from prize money, ticket sales, merchandise sales and other income throughout the season
• Manchester City are the best ranked team in England, while Arsenal take the honors in the women's game

Real Madrid have topped the list of the richest clubs in the world for the second year in a row.

The club's continued success on and off the pitch under Florentino Perez saw them surpass the one billion Euro mark in revenue.

How Real Madrid became the richest club in the world

Los Blancos won La Liga last season before emerging with a record-breaking win in the Champions League when they beat Borussia Dortmund in the final.

Research by Deloitte Money League shows that Real Madrid are ahead of second-placed Manchester City with €208m.

The renovated Santiago Bernabeu, which now welcomes 80,000 supporters, brought in around €250m in revenue, which is roughly €10m per game.

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“Completion of renovation works at the Bernabéu Stadium fueled matchday revenue growth to €248m in 2023/24, a 103% increase compared to the previous year,” read part of the report.

“The increase was mainly due to the sale of Private Seat Licences, which generated an increase of €76m, as well as the sale of new VIP seats and increased stadium capacity from December 2023. The club also reported a 20. % increase in revenue commercial (from €403m to €482m), driven by increased product and new financing arms.”

Manchester City leads England

In England, Manchester City remained the dominant force with a total revenue of 837 million Euros. The Citizens had an advantage over Real Madrid in advertising revenue, but were eclipsed in the commercial line where they are ranked fourth behind Madrid, Bayern Munich and Barcelona.

All six of England's top clubs are in the top ten here Chelsea being only 10th in the list. The Blues' non-participation in any European competition last season reduced their TV revenue as they failed to enter the top 10 in that category. Here's the table with the requested information:

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The richest football clubs in the world 2023/2024

| Row | Club | Country | Amount of money received (Euros)

| 1 | Real Madrid | Spain | 1.46bn |

| 2 | Manchester City | England | 838m |

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| 3 | Paris Saint-Germain | France | 806m |

| 4 | Manchester United | England | 771m |

| 5 | Bayern Munich | Germany | 765m |

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| 6 | Barcelona | Spain | 760m |

| 7 | Arsenal | England | 717m |

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| 8 | Liverpool | England | 715m |

| 9 | Tottenham | England | 615m |

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| 10 | Chelsea | England | 546m |

On the women's side, Barcelona topped the list for the third year in a row with earnings of £15.1m. Arsenal were the first in England, followed by Chelsea.

Chelsea women's team to sign Naomi Girma

Earlier TUKO.co.ke had reported that Chelsea are looking to break the world record to sign Naomi Girma from the San Diego Wave.

The American star will become the first female player to cost more than one million euros in transfer fees.

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Source: TUKO.co.ke