Manchester United wealthiest club in Europe: Arsenal are 7th

Manchester United pip Real Madrid to top spot in European football rich list with revenues of £600m, according to UEFA report. A record 13 English clubs feature among Europe's 30 wealthiest, with Manchester United topping the charts, and all indications suggest the Premier League is growing richer. Premier League clubs’ aggregate revenue was 5.3bn euros, comfortably more than La Liga (2.9bn euros), Bundesliga (2.8bn), Serie A (2.1bn) and Ligue 1 (1.6bn). United’s projected revenue in their latest set of financial figures was around €676 m. Real Madrid is the second on €675m based on 2017 data. The third one is Barcelona and Bayern Munich is the fourth. Manchester City (Fifth), Arsenal (seventh), Liverpool (Eight) and Chelsea (ninth) all feature in UEFA’s top 10, reflecting the financial muscle of England’s top-flight. The report, released on Friday, highlights that this gulf continues to widen thanks to the Premier League's multi-billion pound television deals. 'In the last 10 years, Premier League clubs have added €1.9bn (£1.67bn) in TV revenues. This compares to the €1.9bn added by all the rest of Europe's clubs combined,' the report states. English clubs paid 2.2 times the wages of La Liga clubs in 2016 but this has dropped to 1.8 times in 2017. Manchester City, Manchester United, Chelsea, Liverpool, Arsenal, Tottenham Hotspur, Crystal Palace, Leicester City and Southampton featured in the top 20 clubs ranked by wages.

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