Date: 19th January 2017 at 9:32am
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Manchester United surpassed Real Madrid as the world’s leading revenue-generating football club last season.

According to the report by Deloitte; Premier League outfit generated the most revenue, racking up a record revenue of €689m (£515m) to dethrone the La Liga giants – who held top spot for 11 years.

The Red Devils also saw commercial revenue grow by €100m euros (£71m), helping United claim number one in the annual Deloitte Football Money League since the 2003-04 season, when the club won the FA Cup and Community Shield.

Madrid did not even hold onto second spot, as Spanish rivals FC Barcelona took the runners-up place, meaning Real drop down to third position.

Fourth is defending Bundesliga champions FC Bayern Munich, whilst United’s rivals Manchester City move up one place to fifth after posting revenue of €524.9m euros (£392.6m).

Elsewhere; Arsenal, Chelsea, Liverpool and Tottenham remain in seventh, eighth, ninth and 12th place respectively, meanwhile 2015-16 Premier League champions have entered the Top 20 for the first time – generating a revenue of €172m euros (£128m).

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