Barcelona generated more money than any other club in Europe for the first time last season, a study has found.
The Spanish club earned £741.1m in revenue in the 2018-19 season according to Deloitte’s Football Money League.
Real Madrid swapped places with Barca and fell to second on £667.5m, with Manchester United third on £627.1m.
The Reds Devils are said to be “at risk of losing the position as the Premier League’s highest revenue-generating club for the first time” next year.
Why is Barcelona tops?
In the 23rd edition of Deloitte’s Football Money League the gap between first and second (83m euros/£73.6m) has never been bigger.
Barca’s substantial jump in year-on-year revenue is put down to the club taking charge of its own merchandising and licensing activities.
Dan Jones, partner in the Sports Business Group at Deloitte, commented: “Barca is a clear example of a club adapting to changing market conditions, reducing the reliance on broadcast revenue and focusing on growing revenues within its control.”
Deloitte expect Barca to remain number one in next year’s standings and state the Catalan club is on course to achieve its stated ambition to be the first to generate revenue of over one billion euros in years to come.