For those clubs aspiring to move further up the Money League, this year suggests that sizeable commercial deals are key to success.
We hope you enjoy this edition. Broadcast uplifts were responsible for Tottenham Hotspur moving up one place to thirteenth and Newcastle United and Everton moving into the top Having always been one of the strongest Money League clubs in this area, Bayern have now complemented their intrinsic domestic appeal with continental success on the pitch, helping them broaden the club's commercial horizons.
Best of the rest The only representative in this year's top 20 from outside the 'big five' is Turkey's Galatasaray, whose substantial matchday revenue increase helped the Istanbul club maintain a top 20 position for a third year in a row.
The 16th edition of the annual guide to the globe's top revenue-earning teams places Real Madrid top, with FC Barcelona and Manchester United taking second and third place respectively. Our thanks go to those who have helped assist us, inside and outside the Deloitte international network.
Newcastle have re-entered the top 20 after a three year absence.
Borussia Dortmund and Schalke 04 complete this year's Bundesliga contingent in the top 20, with commercial sources primarily responsible for the revenue growth at both clubs.