LONDON • European champions Real Madrid displaced Manchester United as the world's highest-earning football club after the Premier League side's underperformance on the pitch in recent seasons ate into their dominance off it.
United slumped to third place, below both Real and Barcelona based on revenue for the 2017-18 season, financial services firm Deloitte said in its annual Football Money League yesterday.
The Red Devils have been the wealthiest club for two of the past three years and eight times in the last two decades.
Clubs in the Premier League - which has the highest broadcast revenue - took six of the top-10 spots, but LaLiga's two biggest teams prevailed thanks to their Champions League prowess and supremacy at home.
The changing of the guard in football's financial list mirrors the contrasting on-field fortunes of United and Real of late. Santiago Solari's men have won the Champions League for the last three seasons while, in the same period, United have failed to get past the last 16.
Their annual revenue was also hit by a slump in the British pound, growing only 1.5 per cent to £590 million (S$1 billion). Real, on the other hand, surged 11 per cent to €751 million (S$1.1 billion).
A spokesman for United said the club were "not too concerned" about financial league tables from year to year as the team remain a top global sports brand by any measure.
Part of their confidence lies in the fact that the Premier League still dominates the money pile.
There are a further five English top-flight teams in the top 10, including Liverpool, Chelsea and Arsenal, with even relegation-threatened Newcastle making the top-20 cut despite going trophyless since 1969.
Tottenham, who are waiting to move into a 62,000-capacity stadium, re-entered the top 10 for the first time since the 2006-07 term.
Italian Serie A champions Juventus, meanwhile, dropped out of the top 10 for the first time since the 2010-11 season despite signing former Real talisman Cristiano Ronaldo in the close season.
Weaker broadcast revenue in Italy relative to other big European leagues means Juventus have to do better than their rivals in the Champions League to bridge the gap.
Manchester City and Paris Saint-Germain, who are backed by wealthy Middle East owners, are in fifth and sixth place.
Both are, however, facing claims they have breached the Financial Fair Play regulations, but City and PSG have denied any wrongdoing.
BLOOMBERG
To get rid of hornets, wait until nighttime since hornets are less active at night. Then, put on some protective clothing, like a long-sleeved shirt, long pants, gloves, a hat, and goggles. Once you're suited up, locate the hornets' nest and spray the opening with an insecticide from a distance.
Clinical Wood set to exploit Arsenal's Europe hangover
A solid win for the Blues. Emerson - 6.5: Decent game, but had a hard time against Ryan Sessegnon. Ranieri's exit was the last nail in the coffin for Fulham.
LONDON: England soccer captain Harry Kane received the MBE award on Thursday for services to football after leading the national team to the World Cup semi-final in Russia last Summer. Prince William, the president of the English Football Association, presented the 25-year-old Tottenham striker with his medal at Buckingham Palace after Kane was
England soccer captain Kane honoured at Buckingham Palace
Guardiola Stays Cool Despite Shock Man City Defeat League football match between Manchester City and Crystal Palace at the Etihad Stadium in Manchester, northwest England, on December 22, 2018
Pep Guardiola Stays Cool Despite Shock Man City Defeat
Chelsea can cope with transfer ban, says Sarri
SINGAPORE - As he ushered in 2019 on Tuesday (Jan 1), local football starlet Ikhsan Fandi had just one New Year resolution - to earn a playing contract in Europe. On Thursday morning, just over a day after his older brother Irfan flew to join Thai League 2 club Bangkok Glass, the 19-year-old headed to Norway for a trial with Raufoss IL.
Ikhsan Fandi scores 1st goal for Norwegian club Raufoss with
Brazilian soccer great Pele had a successful operation to remove a kidney stone on Saturday, doctors in Sao Paulo said. Pele had the surgery at the Israelite Albert Einstein hospital. "The procedure was a success and the patient is back in his room," a brief statement from doctors said.
Pele recovering well after kidney stone operation - ewn.co.za
Blues expect hard time at Fulham after Ranieri exit LONDON • Chelsea manager Maurizio Sarri has backed the sacked Claudio Ranieri to come back stronger, at the same time warning his players to expect a strong reaction today from Fulham following the departure of his fellow Italian.
Latest FULHAM | The Straits Times
Football: Klopp plays down Liverpool fatigue concerns ahead of season run-in finish last year and it could come in handy as they approach another intriguing season finale. resolve the
Klopp plays down Liverpool fatigue concerns ahead of season
Football: Palace punish sloppy Arsenal in 3-2 win at the Emirates (REUTERS) - Crystal Palace put a dent in Arsenal's Champions League qualification hopes after strikers Christian Benteke and Wilfried Zaha made the most of defensive errors in a 3-2 win at the Emirates Stadium on Sunday (April 21).
Palace punish sloppy Arsenal in 3-2 win at the Emirates
London: Chelsea winger Callum Hudson-Odoi says he will miss the rest of the season after suffering a ruptured Achilles in Monday's 2-2 draw against Burnley. Hudson-Odoi limped off helped by two members of Chelsea's medical staff after sustaining the injury in the first half of the Premier League clash at Stamford Bridge.
Chelsea's Hudson-Odoi says he will miss rest of season
AFC. The AFC was not part of the World Cup 2018 draw in any way, shape, or form. They did their own thing and have already progressed to the 2nd round of qualification. Those matches began back in June. To get you up to speed, here are a couple screenshots of current standings, projections and evolution of odds.
Premier League club Tottenham Hotspur recently revealed that they are going to Singapore and Shanghai during the summer as they prepare for the 2019-20 campaign. According to the club website
Tottenham confirms Singapore stop during pre-season tour
Cristiano Ronaldo. Portugal coach says Ronaldo can stay at the top for several years. Reuters - Brian Homewood. PORTO (Reuters) - Portugal coach Fernando Santos believes that talismanic forward Cristiano Ronaldo can continue playing at the highest level for both club and country for at least three to four years.
Nurmagomedov and McGregor both left the ring before the championship belt could be put around Nurmagomedov's waist, and fans in the pro-Conor crowd threw beers and debris at Nurmagomedov on his way out. White said he feared a melee in an arena if he awarded the belt to Nurmagomedov. "I don't even know what to say right now," White said.
Killua Zoldyck | Hunterpedia | FANDOM powered by Wikia
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