Tottenham Beats Chelsea as Richest Club in London: List of Top 10 Richest Clubs in the World in 2024
- Deloitte Football Money League disclosed the top 20 football clubs worldwide based on their highest revenue generation for the 2022/23 season
- Real Madrid returned to the top of the Money League table for the first time since the 2017/18 season with record revenues of £710 million (about N802 billion)
- Remarkably, 17 of the top 20 clubs saw increased commercial revenue, mainly from improved retail sales, non-matchday events, and sponsorship income
Tottenham Hotspur has emerged as London's wealthiest football club, surpassing Chelsea, according to the recently released Deloitte Football Money League.
Spurs secured the eighth spot globally, generating an impressive £549.2 million (about N621 billion) in revenue during the last season.
According to Deloitte, Tottenham's revenues were propelled by the remarkable earning power of their state-of-the-art stadium.
How Tottenham made its revenues
The Tottenham Hotspur Stadium, inaugurated in 2019, has proven to be a financial powerhouse for the club, contributing significantly to their revenue.
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Spurs' match-day income alone exceeds £105 million (about N118 billion) per season.
Moreover, the club has diversified its revenue streams by successfully hosting music concerts featuring global icons like Wizkid, Beyonce, Pink, Lady Gaga, and Guns N' Roses, alongside NFL and rugby matches.
List of top 10 richest football clubs 2024
1. Real Madrid achieved a record revenue of £710 million (about N802 billion) in the 2022-23 season.
2. Manchester City came in second with a revenue of £705.6 million (N797 billion) owing to their success in the FA Cup, Premier League, and Champions League.
3. Paris Saint-Germain, with a revenue of £697.2 million (about N788 billion), broke into the top three for the first time in Money League history.
4. FC Barcelona, with £695.8 million (about N786 billion), were one of the biggest movers, rising to position four from seven the previous season.
5. Manchester United came in fifth with a revenue of £648.5 million (about N786 billion).
6. Bayern Munich was sixth, with a revenue of £647 million (about N731 billion).
7. Liverpool reported the greatest fall in year-on-year rankings, moving from number three to number seven, after recording a revenue of £593.8 million (about N671 billion).
8. Tottenham comes in at number eight with a revenue of £549.2 million (about N621 billion).
9. Chelsea was ranked number nine with a revenue of £512.5 million (about N 579 billion).
10. Arsenal closed the top ten with a revenue of £463.1 million (about N523 billion).
Other clubs in the top 20 are shown in the image below.
Highest YouTube earners in Nigeria in 2023
In 2023, YouTube announced a revenue-sharing formula which saw channel owners rake in fortunes on the platform.
A Nigerian clergyman, Pastor Jerry Eze, made the news for being the highest earner on YouTube with his early morning prayer programme. Eze retains the position and is grossing close to N1 billion.
Eze led the pack with about N919 million in revenue from YouTube.
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Source: TUKO.co.ke
Nkem Ikeke (Copy editor) Nkem Ikeke is currently a copy editor who also writes for the politics and current affairs desk on weekends. She holds a Bachelor of Arts in Mass Communication degree from the University of Nigeria, Nsukka (2010), and has over 10 years of work experience in the media industry (Reporter, News Agency of Nigeria). Email: n.ikeke@corp.legit.ng
Olumide Alake (Entertainment Editor) Olumide Alake is a Lifestyle and Entertainment Journalist with 6 years of experience in news media. He holds an awarded certificate from the Editorial CDS during his service year. He has worked with some online media outfits notable are Naijaloaded, Jaguda, Kemifilani. Olumide bagged an award for the best exclusive article at Legit.ng and Best Entertainer Editor 2023. Contact: olumide.alake@corp.legit.ng