FOOTBALL

REAL MADRID IS THE WORLD'S RICHEST CLUB, MANCHESTER UNITED DROP OUT TO TOP 3

By Gadiola Emanuel - 1:00:00 AM

For the ninth straight year Real Madrid are ranked as the world's richest club with a total revenue of $702 million. Their global reach allows the Spanish club to make millions in commercial revenue, both domestically and internationally, thanks to marketable stars like Cristiano Ronaldo -- recently crowned the world's best player.

London (CNN) -- Not only are Manchester United's fortunes sliding on the pitch, their fortune could also be dwindling off it.
Despite seeing a rise in revenue to $574 million, for the first time in 17 years they can no longer count themselves among the top three richest football clubs in the world.
For an organization that once spent eight years on top of the annual money table -- compiled by business advisory firm Deloitte -- it represents a financial blow for one of soccer's most decorated clubs.
Spanish giants Real Madrid came top for a record ninth consecutive year -- despite winning no silverware last season -- with a total revenue of $702 million, $47 million ahead of domestic rivals Barcelona in second.

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