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Thursday, February 16, 2006

Man United Dethroned As Richest Club


Real Madrid have leapfrogged Manchester United to become the world's richest football club in terms of income, according to a report.
After eight years at the top of the Deloitte Football Money League, United were pushed into second place based on revenues from the 2004-5 season.
Real Madrid's income has doubled in the past five years, as players such as David Beckham have boosted shirt sales.
Nine British clubs made it into the list of the world's richest 20 teams.
Liverpool moved up to eighth in the table after their Champions League victory gave a major boost to their income.
The Deloitte review does not include the cost of transfer fees or player wages and concentrates solely on day-to-day income from football business such as ticket sales, merchandising and broadcast revenues.
As a consequence, Chelsea came fifth in the table with income of £149m despite making a record £140m loss last season.

via BBC