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Chelsea, Arsenal and Spurs in top 20 rich list

London giants Chelsea, Arsenal and Tottenham are all in the top 14 of the richest clubs in Europe according to a new report.

While Real Madrid head the list and Manchester United are second, Chelsea are fifth, Arsenal sixth and Tottenham 14th, according to the Deloitte Football Money League.

The strength of the euro against the pound has helped Real maintain their position at the top, despite a 21% increase in revenue for United.

Barcelona are third in the list, while Bayern Munich have climbed above Chelsea and Arsenal to be fourth.

All the English clubs suffered from the currency issue - Real's revenue increased by 4% and Barcelona's by 6%, while Chelsea and Arsenal enjoyed rises of 11.5% and 18% but still dropped a place.

Liverpool, however, have gone up a place to seventh with a 25% rise in turnover.

Jones added: "If the value of the pound had not depreciated, there would have been nine, rather than seven English clubs in the top 20 - and Manchester United would have topped the Money League ahead of Real Madrid."

Celtic, however, have dropped out of the top 20 and Manchester City have come in.

Deloitte Football Money League - 2007/08 revenue (previous year in brackets)

1 (1) Real Madrid £289.6m

2 (2) Manchester United £257.1m

3 (3) FC Barcelona £244.4m

4 (7) Bayern Munich £233.8m

5 (4) Chelsea £212.9m

6 (5) Arsenal £209.3m

7 (8) Liverpool £167.0m

8 (6) AC Milan £165.8m

9 (11) AS Roma £138.9m

10 (9) Internazionale £136.9m

11 (12) Juventus £132.6m

12 (13) Lyon £123.3m

13 (16) Schalke 04 £117.5m

14 (10) Tottenham £114.8m

15 (15) Hamburg £101.3m

16 (19) Marseille £100.4m

17 (14) Newcastle £99.4m

18 (-) Stuttgart £88.3m

19 (-) Fenerbahce £88.1m

20 (-) Manchester City £82.3m

So we've made a profit of 11.5%.......Still going in the right direction. The previous season we hit £190.5m.

Edited by Tri-Blue
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Considering the lack of spending this year it would not suprise me if we announce something close to even and actual profit. Kenyon and Buck are on CTV tommorow to discuss finances and they have been saying for a while that this will show that Roman is still commited.

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Considering the lack of spending this year it would not suprise me if we announce something close to even and actual profit. Kenyon and Buck are on CTV tommorow to discuss finances and they have been saying for a while that this will show that Roman is still commited.

Yeah something that is supposed to reassure one and all about roman's commitment to Chelsea...

It's next year according to kenyon's plan that we were supposed to break even right? i think it'll be roman will forgo the debt remaining at the end of next year.. :D

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