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Barcelona top money league and sack coach

At the moment they have topped the Deloitte Money League, Barcelona have sacked their coach. They have sacked Ernesto Valverde and replaced him with former Real Betis coach Quique Setien.

Valverde helped the club to two successive La Liga titles and they lead on goal difference this season. However, the Catalan side have produced a series of unconvincing displays under his leadership and have failed to reach the Champions League final. The Champions League is of vital importance to the club for both money and prestige.

It is the first time that Barcelona has become the world's richest club, thanks to the success of its merchandising. Over the 2018/19 season, new commercial activities allowed it to earn €840.8m, roughly €150m more than a year earlier, and €83.5m more than rivals Real Madrid.

Rather than relying on outside parties to deliver its sales, the club formed Barca Licensing and Merchandising in 2018. It is responsible for retail stores and shirt sales worldwide.

Dan Jones, head of the sports business group at Deloitte, commented: 'Barcelona clearly see their brand as very important, will take control of that in all aspects and push it forward themselves'.

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