Real Madrid is the world's richest club

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{image-real madrid_14022008.jpg}Madrid(Spain), Feb 14: Real Madrid retained its status as the world's wealthiest soccer club last season, according to a study released Wednesday by the consultancy Deloitte.

Real Madrid had 351 million euros (C$511.4 million) in revenue in the 12 months to June 30, 2007, up 20 per cent from the same period in the previous season, Deloitte said in its annual Football Money League study.
Manchester United was second with 315.2 million euros (C$459.23 million), up from fourth in the previous season.
FC Barcelona, the second wealthiest club in the prior study, fell to third in 2006-07 with 290.1 million euros (C$422.65 million).

Deloitte ranked the world's top 20 clubs by revenue. All of them are in western Europe, with six from England, four from Italy and Germany and three from Spain.

Deloitte said the total combined revenue from the 20 clubs increased by 11 per cent to 3.7 billion euros (C$5.39 billion).

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