United Drop In Rich List

Real Madrid topped football's rich list for the sixth year in succession, as Manchester United dropped to third.

Accountancy firm Deloitte have announced their annual Football Money League report, which again confirmed Real as football's top revenue earning club.

Indeed, Real posted record figures as their revenues moved in excess of €400million (£363m) for the first time.

The Spanish league is benefiting from the strong Euro at the moment and, partly as a result of that, Barcelona have leapt into second spot ahead of English champions United.

"Real Madrid and FC Barcelona have created a clear revenue gap between themselves and their European competitors, and look set to contest the top two positions in the Money League for the foreseeable future, particularly if the pound doesn't strengthen against the euro," said Alan Switzer, director in the Sports Business Group at Deloitte,

The top 20 was little changed from last year, with Werder Bremen and Manchester City replacing VfB Stuttgart and Turkish club Fenerbahce.

The list was again dominated by European clubs, with seven English clubs, four from Italy, and two each from France and Spain. The number of German clubs grew to five from four.

Despite being in the Championship, Newcastle managed to remain in the top 20.

The Top 20
1 Real Madrid, Spain
2 Barcelona, Spain
3 Manchester United, England
4 Bayern Munich, Germany
5 Arsenal, England
6 Chelsea, England
7 Liverpool, England
8 Juventus, Italy
9t Inter Milan, Italy
9t AC Milan, Italy
11 Hamburg, Germany
12 AS Roma, Italy
13 Lyon, France
14 Marseille, France
15 Tottenham, England
16 Schalke, Germany
17 Werder Bremen, Germany
18 Borussia Dortmund, Germany
19 Manchester City, England
20 Newcastle, England