(BARCELONA JOIN REAL MADRID,MAN UNITED IN 500 MILLION CLUB
( FOOT BALL)
LONDON; Jan 21, 2016 (London) European champions Barcelona joined Real Madrid and Manchester United in earning overs 500 million last session,financial consultants Deloitte revealed in their latest foot ball money league published on Tuesday.Madrid topped the table for the 11th year running with earnings of 577 million over the course of the season,driven largely by a22.7 million increase in commercial revenue.Barcelona,buoyed by on pitch success that included a La,Liga,Spanish Cup and Champions League treble,climbed from fourth place to second place with revenues of 560.8 million ,bumping United down to third.For the first time ,the top three clubs in the foot ball money league have all passed the 500 million euros revenue mark,said,Dan Jones from Deloitte's Sport Business Group.FC Barcelona's,on -pitch achievements in the 2014-2015 season have translated to financial success.The European champions have climbed to second place at the expense of Manchester United,with revenue growth across all areas of the business match day,broadcast and commercial.Barcelona's president Josep Manria Bartomen told the Financial Times last month that the club aim to become the first to make one billion euros in a year by 2021.Their plans include a 600 million renovation of the 93,000-capacity Camp Nou and the opening of more over seas offices.Combined revenue for the top 20 clubs in the list rose eight percen to 6.6 billion a new record.
German champions,Bayem Munich fell to 5th,their lowest placing since 2006-07,with Qatar-backed French champions pans Saint-Germain over taking them following another year of growth.Manchester City,Arsenal,Chelsea and Liverpool,from the all-powerful English premier league-round out the top 10 along with beaten Champions league finalists Juventus.Juventus were joined in the top 02 by series.A counterparts Roma,who climbed from 24th 16th,but Italian heavyweights AC Milan and inter Milan slipped to 14th and 19th respectively.United paid the price for failing to qualify for the Championship league in 2013-2014,the first season following the retirement of legendary manager Alex Ferguson.But the club's return to the competition under Loius van Gaal albeit one that conclude with a group-stage exit and a strong commercial operation could see them bounce back to top the list for 2015-2016.The return to Champions league boot ball,as well as the commencement of a number of significant commercial partnership,will only strengthen the business in 2015-2016,said Deloitte's Tim Bridge. With this in mind,it would not be surprising to see United top next years money league for the first time in 12 years,with the club fore casting revenues of round around 650 million.
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