Real Madrid, thanks to its third consecutive victory in the Champions League, has once again become the richest club in the world, dethroning Manchester United, according to the list of the 20 richest clubs in the world released Thursday by Deloitte. For the first time, the Top 10 includes the "Big Six" Premier League (Manchester United, Manchester City, Liverpool, Chelsea, Arsenal and Tottenham).

774 million euros of income . In the 2017-2018 season, Real generated 674.6 million pounds (774 million euros) of revenue, making Madrid the richest club in the world for the 12th time, a first since 2014-15 .

Manchester United, eliminated in the round of 16 of the C1 last season, slipped to 3rd behind Real, so, but also FC Barcelona. Bayern Munich, Manchester City, Paris St. Germain, Liverpool, Chelsea, Arsenal and Tottenham round out the top 10 most affluent clubs in the world, with no Italian representatives.

In total, the 20 richest clubs in the world, all from the five major European leagues (England, Germany, Spain, Italy and France), earned 7.4 billion pounds of revenue in 2017-2018, or 6% of better than the previous season.

"A bull market". According to Dan Jones, the report's author and Deloitte's Sports Business partner, "European football remains a bull market", noting, for example, that Manchester United's turnover is still down. 590 million pounds despite a rise of only 2% of its resources. The good run of Liverpool in the Champions League, only beaten in the final by the Real, allowed him to increase his turnover of 90.6 million pounds compared to the previous season.

Arsenal loses three ranks . However, Arsenal, absent from the C1 for the first time in twenty years, lost three ranks (9th) and 30 million pounds of revenue. This decline is a perfect illustration of the growing share of TV rights in the Champions League, says Deloitte.