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After a 32 percent increase, the Manchester United enjoyed the biggest revenue of any European club last financial year putting them above Real Madrid and Barcelona, UEFA has said in its annual report that was published last Tuesday. In its report, the European Club Football Landscape said revenues among Europe’s top-flight clubs had the total of 18.5 billion euros ($22.7 billion) for 2016, as against 16.9 billion in 2015 and 2.8 billion in 1996. (Reuters)
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The report, however, acknowledged that almost half of the amount was generated by 30 clubs. The financial difference between the big teams' ones and others was raising. Also, English Premier League television revenues is such that Bournemouth, a mid-table team, earned the same as Inter Milan, the three-times European champions. (Picture of Bournemouth players: Reuters)
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The revenue of the United was 689 million euros in 2016, as against 521 million euros the previous year, the report said. United was followed by Barcelona and Real Madrid with $ 620 million, Bayern Munich with $592 million, Paris St Germain with $542 million and Manchester City with $533 million.(Picture of Bayern Munich players: Reuters)
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Operating profit of United was $232 million euros was the highest. The United was followed by Real Madrid, PSG, Bayern Munich, Arsenal and City.It also had the burden of highest net debt of 561 million euros, ahead of Inter Milan, Juventus, Liverpool and Benfica. (Picture of Inter Milan players: IE)
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The report further said that English Premier League by far enjoyed the highest revenues in Europe, with an average of 244.4 million euros per club. (Picture of Inter Milan players: Reuters)
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