| Man 
			Utd oust Real Madrid from top of revenue league 
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			 [January 19, 2017] 
			LONDON (Reuters) - Manchester 
			United have deposed Real Madrid as the world's richest soccer club 
			after revenue grew to a record $735 million in 2015-16, according to 
			Deloitte's annual Money League published on Thursday. 
 The 20-times English champions knocked Madrid off the perch they had 
			occupied for 11 years with a return to the Champions League and 
			increased commercial revenue key to their rise.
 
 Real dropped to third behind Barcelona with Bayern Munich fourth and 
			Manchester City into the top five for the first time after a run to 
			the Champions League semi-finals.
 
 Eight of the top 20 (including five of the top 10) revenue 
			generators are from the Premier League, reflecting the greater 
			financial clout England's top-flight clubs enjoy compared with their 
			European counterparts.
 
 Surprise champions Leicester City made the list for the first time 
			in 20th place and Tim Bridge, senior manager at Deloitte, said it is 
			likely every Premier League club will be in the top 30 next year 
			thanks to an eye-watering 5.1 billion pounds television rights deal 
			that kicked in this season.
 
 "The Money League continues to demonstrate the Premier League's 
			financial strength in depth," Bridge, senior manager at Deloitte, 
			said. "The appearance of Leicester shows that on-pitch success gives 
			any Premier League club a chance of a place in the top 20.
 
			 
			"There is a strong chance that almost all Premier League clubs will 
			be in the top 30 clubs next year."
 Only one other Spanish club, Atletico Madrid, made the top 20 while 
			there were three from Germany and four from Italy led by Juventus in 
			10th place. Paris St Germain, the only French club in the list, 
			dropped to sixth from fourth. Russian club Zenit St Petersburg 
			completed the top 20.
 
 Combined revenues, which excludes player transfer fees, VAT and 
			other sales related taxes, of the top 20 clubs went up 12 percent to 
			7.4 billion euros.
 
 United, who have returned to the top for the first time since 
			2003-04, Barcelona and Real all broke the 600 million euros ($639.96 
			million) revenue barrier in 2015-16 - the first clubs to do so.
 
 "It has taken phenomenal commercial revenue growth to help them 
			(United) achieve this," Dan Jones, partner in the Sports Business 
			Group at Deloitte, said, referring to a 71 million increase in 
			commercial revenue.
 
 "In recent years, their ability to secure commercial partnerships 
			with value in excess of that achievable by their peers has been the 
			crucial factor in enabling the club to regain their place at the top 
			of the Money League."
 
 Despite United's woeful group stage exit from the Champions League 
			last season and a fifth-placed finish in the Premier League under ex 
			manager Louis van Gaal, commercial partners continued to be drawn to 
			Old Trafford like moths to a flame.
 
 Gulf Oil International signed a three-year commercial partnership 
			last season taking the total of company logos lurking down the 
			bottom of the club's website homepage to 24.
 
			
			 
			United's kit deal with adidas, now in it's second season, is worth 
			750 million pounds ($923.18 million) and their other partners 
			include car firm Chevrolet and financial services giant Aon who 
			sponsor the club's state-of-the-art training ground. 
			The top 20 in the money league
 Club 2015/16 2015/16
 
 Position Revenue Revenue
 
 (last (€m) (£m)
 
 year’s (2014/15 (2014/15
 
 position) Revenue) Revenue)
 
 1 (3) Manchester 689 (519.5) 515.3
 
 United (395.2)
 
 [to top of second column]
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			Manchester United's Zlatan Ibrahimovic celebrates scoring their 
			first goal Reuters / Phil Noble Livepic 
            
			 
			2 (2) Barcelona 620.2 463.8
 (560.8) (426.6)
 
 3 (1) Real Madrid 620.1 (577) 463.8 (439)
 
 4 (5) Bayern 592 (474) 442.7
 
 Munich (360.6)
 
 5 (6) Manchester 524.9 392.6
 
 City (463.5) (352.6)
 
 6 (4) Paris 520.9 389.6
 
 Saint-Germai (480.8) (365.8)
 
 n
 
 7 (7) Arsenal 468.5 350.4
 
 (435.5) (331.3)
 
 8 (8) Chelsea 447.4 (420) 334.6
 
 (319.5)
 
 9 (9) Liverpool 403.8 302 (298.1)
 
 (391.8)
 
 10 (10) Juventus 341.1 255.1
 
 (323.9) (246.4)
 
 11 (11) Borussia 283.9 212.3
 
 Dortmund (280.6) (213.5)
 
 12 (12) Tottenham 279.7 209.2
 
 Hotspur (257.5) (195.9)
 
 13 (16) Atletico 228.6 171 (134.4)
 
 Madrid (176.6)
 
			
			 
			14 (13) Schalke 04 224.5 167.9
 (219.7) (167.1)
 
 15 (15) AS Roma 218.2 163.2
 
 (179.1) (136.3)
 
 16 (14) AC Milan 214.7 160.6
 
 (199.1) (151.5)
 
 17 (18) Zenit St 196.5 147 (127.7)
 
 Petersburg (167.8)
 
 18 (na) West Ham 192.3 143.8
 
 United (160.9) (122.4)
 
 19 (20) Inter Milan 179.2 134 (125.4)
 
 (164.8)
 
 20 (na) Leicester 172.1 128.7
 
 City (137.2) (104.4)
 
 ($1 = 0.9376 euros)
 
 ($1 = 0.8124 pounds)
 
 (Reporting by Martyn Herman, editing by Pritha Sarkar)
 
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