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Manchester United and Liverpool both are in the top five of the richest club list

Rishab Chakladar by Rishab Chakladar
January 27, 2021
in Sports, Football
0

Both Manchester United and Liverpool are in the top 5 of the Deloitte Football Money League for 2020/2021.

Deloitte revealed the list yesterday. Real Madrid and FC Barcelona are topping the list. FC Bayern Munich are in the 3rd place. Liverpool and Manchester United are the other 2 clubs in the top 5.

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Manchester United suffered a massive revenue drop last year. At the same time, Liverpool returned to the top 5 for the first time since 2001/02 with total revenue of £489.9m, an eight per cent decrease compared to the previous year.

Tim Bridge, Deloitte Sports Business Group Director, told Sky Sports, “Building on winning the Champions League and then taking the Premier League crown for the first time has had a significant impact.”

Total revenue of the top 20 Money League clubs fell 12% to €8.2bn due to the pandemic – see the full list and commentaries #DFML2021https://t.co/qHV6krXqs5 pic.twitter.com/B9JxWOHTCj

— Deloitte UK (@DeloitteUK) January 26, 2021

“They have moved significantly towards a more digital model, and have been doing for a number of years.”

“That has benefitted them in comparison to others during the pandemic because they are able to engage with their fans in a way others probably had to play catch-up.”

Manchester United’s 2020 revenue is £509m which is less than almost £118m from last year.

“The reason for the decrease is predominantly driven by the pandemic,” Bridge added.

“As you can imagine, Manchester United with a huge fanbase generate significant amounts of revenue every time they play at Old Trafford.

“They are going to be impacted in a more significant way than many other clubs. Of course, last year they didn’t have Champions League football either, so the revenue differential from competing in the Europa League compared to the Champions League had a significant impact on the numbers.

“But caution is needed. With Bayern Munich moving ahead of them, they were able to complete their domestic season in the timeframe, so the numbers for Bayern represent a full year of domestic football, whereas for United they are curtailed.”

Tags: Bayern MunichFC BarcelonaLiverpoolManchester UnitedReal Madrid
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