Manchester City overtakes Real Madrid to become world’s richest club. Manchester United is fifth

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Manchester City have been named the richest club in the world in terms of revenue generated in the Deloitte Money League for the first time in their history.

City, Madrid, Bayern, Barcelona and United make up the top five, with Paris Saint-Germain coming in sixth, Liverpool placing seventh, Chelsea in at eighth and Juventus and Tottenham sitting at ninth and tenth respectively.

Manchester City were sixth last year after generating €549.2million but jumped to the no.1 position this year after generating a revenue of €644.9million.

Manchester United were fourth last year with a revenue of €580.4m but dropped to fifth this year after revenues dropped to €€558million.

Check out the top 20 richest clubs in the world:

1 Man City – €644.9m

2 Real Madrid – €640.7m

3 Bayern – €611.4m

4 Barcelona – €582.1m

5 Man Utd – €558m

6 PSG – €556.2m

7 Liverpool – €550.4m

8 Chelsea – €493.1m

9 Juventus – €433.5m

10 Tottenham – €406.2m

11 Arsenal – €366.5m

12 Dortmund – €337.6m

13 Atletico – €332.8m

14 Inter – €330.9m

15 Leicester – €255.5m

16 West Ham – €221.5m

17 Wolves – €219.2m

18 Everton – €218.1m

19 Zenit – €212m

20 Aston Villa – €207.3m