Real Madrid named richest football club for 11th year running

Johannesburg, Jan. 22 (ANI): Real Madrid have been named as the world’s richest football club for the 11th consecutive year, according to professional services company Deloitte.

The Spanish giants earned 577 million euros of revenue during the 2014-15 season primarily due to increased matchday and commercial revenue, Sport24 reported.

Meanwhile, arch-rivals Barcelona surpassed Manchester United, which failed to compete in the Champions League last season, to earn second spot at 560.8 million euros.

French champions Paris Saint-Germain are fourth ahead of Bayern Munich, which earned their lowest placing since the 2007-08 season. (ANI)

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