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More clubs with revenues of over €100m

Ufea's figures show that the number of European clubs with revenues in excess of €100m has edged up from 46 to 48, although there is some churn with five clubs dropping below the €100m threshold and six clubs rising above it. The more noticeable trend is the number of clubs with revenues above €50m, which has increased significantly from 86 to 94 clubs. At the turn of the century there were only an estimated 25 clubs with this earning, and consequently, spending power.

Unsurprisingly, Manchester United tops the list of clubs by revenue and also has the highest growth rate (32 per cent). Barcelona comes in second and Manchester City in sixth place followed by Arsenal, Chelsea and Liverpool.

Spurs are 12th and West Han United make the top twenty with a revenue less than a third of that of United. Leicester City, Newcastle United, Southampton and Everton are in the twenty to thirty range and Aston Villa come thirtieth. Thus, twelve English clubs occupy positions in the top thirty.

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