Real Madrid have overtaken Manchester United as the richest football club after their revenue went up by 8% at the end of their financial year.
Los Blancos recorded revenues of €620million (£561m) in their accounts for the 2015/16 financial year against United and Barcelona’s (£515.3m) to go top of the list.
Barcelona eclipsed Real by nearly €60million after posting a figure of €679m in revenue which included player sales where the team from the capital was excluded in such income – as Deloitte do in their annual rich list.
Florentino Perez will be happy with the financial reward players like Ronaldo has brought to the club
Part of what spurred Madrid’s revenue was the sale of Cristiano Ronaldo’s merchandise and also had a successful outing at the Champions League winning their 11th trophy in the competition.