There’s an obvious correlation between the financial clout of a football club and the success they enjoy on the pitch. Therefore, perhaps we shouldn’t be surprised by the Daily Telegraph’s report that Manchester United are set to replace Real Madrid as the world’s most financially powerful football club within the next twelve months. The Spanish club remain marginally top in this year’s table, with United second, Chelsea fourth and Arsenal fifth in the table.
“This is the first time that any country has had three clubs in the top five of the Money League,” said Dan Jones, partner in the sports business group at Deloitte.
“Arsenal’s move to the Emirates Stadium has transformed their revenues while Chelsea’s revenue increase sees them return to the top five.
“But with the new Premier League television deals now online for the 2007-08 season, Manchester United have the opportunity to significantly close the gap on Real Madrid, and a successful Champions League run may even see them challenge again for the No 1 position.”
Liverpool (8th), Tottenham (11th) and Newcastle (14th) are the other Premier League clubs in the list, although the article reports that with a brand spanking new TV deal worth £28 million to each club, we’re set to see many more additions next season.