Barcelona join Real, United in €500m club

The Pak Banker - - MARKETS/SPORTS -

Madrid topped the ta­ble for the 11th year run­ning with earn­ings of 577 mil­lion euros over the course of the sea­son, driven largely by a 22.7 mil­lion euros in­crease in com­mer­cial rev­enue.

Euro­pean cham­pi­ons Barcelona joined Real Madrid and Manch­ester United in earn­ing over 500 mil­lion euros ($545.5 mil­lion) last sea­son, fi­nan­cial con­sul­tants Deloitte re­vealed in their lat­est Foot­ball Money League pub­lished to­day.

Madrid topped the ta­ble for the 11th year run­ning with earn­ings of 577 mil­lion euros over the course of the sea­son, driven largely by a 22.7 mil­lion euros in­crease in com­mer­cial rev­enue.

Barcelona, buoyed by on­pitch suc­cess that in­cluded a La Liga, Span­ish Cup and Cham­pi­ons League tre­ble, climbed from fourth place to se­cond place with rev­enues of 560.8 mil­lion euros, bump­ing United down to third.

"For the first time, the top three clubs in the Foot­ball Money League have all passed the 500m euros rev­enue mark," said Dan Jones from Deloitte's Sport Busi­ness Group.

"FC Barcelona's on-pitch achieve­ments in the 2014-15 sea­son have trans­lated to fi­nan­cial suc­cess.

The Euro­pean cham­pi­ons have climbed to se­cond place at the ex­pense of Manch­ester United, with rev­enue growth across all ar­eas of the busi­ness - match­day, broad­cast and com­mer­cial." Barcelona's pres­i­dent Josep Maria Bar­tomeu told the Fi­nan­cial Times last month that the club aim to be­come the first to make one bil­lion euros in a year by 2021.

Their plans in­clude a 600 mil­lion euros ren­o­va­tion of the 93,000-ca­pac­ity Camp Nou. Com­bined rev­enue for the top 20 clubs in the list rose eight per­cent to 6.6 bil­lion euros - a new record. Ger­man cham­pi­ons Bay­ern Mu­nich fell to fifth, their low­est plac­ing since 200607, with Qatar-backed French cham­pi­ons Paris Saint-Ger­main over­tak­ing them fol­low­ing an­other year of growth.

Newspapers in English

Newspapers from Pakistan

© PressReader. All rights reserved.