World's richest clubs

The recent list of the worlds richest club's saw Real Madrid replace Man U, who had headed the list for the past 8 years.

The Deloitte review does not include the cost of transfer fees or player wages and concentrates solely on day-to-day income from football business such as ticket sales, merchandising and broadcast revenues and not the wealth of club owners, hence Chelsea's place at 5th.

This is the top 20:

1(2) Real Madrid £186.2m
2(1) Man Utd £166.4m
3(3) AC Milan £158m
4(5) Juventus £154.9m
5(4) Chelsea £149.1m
6(7) Barcelona £140.4m
7(9) Bayern Munich £128m
8(10) Liverpool £122.4m
9(8) Inter Milan £119.7m
10(6) Arsenal £115.7m
11(12) Roma £89m
12(11) Newcastle £87.1m
13(14) Spurs £70.6m
14(17) Schalke £65.8m
15(-) Lyon £62.7m
16(13) Celtic £62.6m
17(16) Man City £60.9m
18(-) Everton £60m
19(-) Valencia £57.2m
20(15) Lazio £56.1m
Source: Deloitte (Previous season's positions in brackets)