Real Madrid have overtaken Manchester United as the richest football club after their revenue went up by 8% at the end oftheir financial year.
Los Blancos recorded revenues of €620million (£561m) in their accounts for the 2015/16 financial year against United and Barcelona’s (£515.3m) to go top of the list.
Barcelona eclipsed Real by nearly €60million after posting a figure of €679m in revenue which included player sales where the team from the capital was excluded in such income – as Deloitte do in their annual rich list.
Part of what spurred Madrid’s revenue was the sale of Cristiano Ronaldo’s merchandise and also had a successful outing at the Champions League winning their 11th trophy in the competition.
