- Jan 4, 2013
Premier League giants Manchester City, Liverpool, Chelsea, Arsenal and Tottenham also in the top 10.
Real Madrid have replaced Manchester United as the world's wealthiest club, according to the latest Deloitte Football Money League.
Manchester United slipped into third spot after generating £590m - representing a comparatively low two per cent year-on-year increase.
Manchester City retained their fifth-place ranking with revenues of £504m - an 11 per cent rise from 2016/17 figures. Bundesliga champions Bayern Munich ranked fourth for a second year running with £557m, while Ligue 1 giants Paris Saint-Germain climbed one place into sixth spot on £480m.
Premier League leaders Liverpool recorded the biggest income increase from clubs in the top 10, with profits soaring 25 per cent to £455m, while Chelsea also achieved an impressive 22 per cent growth with £448m.
Manchester United have slipped to third Arsenal (£389m) dropped three places into ninth spot after missing out on Champions League football for the first time in 20 years, but narrowly trumped north London rivals Tottenham (£379m). This is a limited version of the story so unfortunately this content is not available. Open the full version Everton (£189m), West Ham (£175m) and Newcastle (£179m) also made the top 20, with Rafa Benitez's side recording a chart-topping 108 per cent increase in revenue - up from £86m in 2016/17. Other clubs to make the annual index include Juventus (£350m), Borussia Dortmund (£281m), Atletico Madrid (£270m), Inter Milan (£249m), Roma (£222m), Schalke (£216m) and AC Milan (£184m).
Dan Jones, head of the Sports Business Group at Deloitte, said: "Real Madrid's outstanding financial performance in 2017/18 is built on their long history of success on the pitch, most recently three consecutive Champions League titles. "This has enabled the club to continue to drive commercial revenue as the appetite to partner with Europe's most successful clubs remains stronger than ever."