Real Madrid have become the first sports club in the world to have recorded an annual revenue in excess of €500m.
The annual Football Money League report, published by Deloitte, has been released, analysing the financial information of Europe’s clubs from the 2011-12.
According to their data, Madrid have become the first club in any sport to have broken through the barrier.
The capital club increased overall revenue during the season by €33.1m, representing a 6.9 per cent increase, ensuring that Madrid held on to top spot in the table for an eighth consecutive year.
Madrid earned €126.2m in ticket sales, €199.2m through television rights, European participation and friendlies played.
Barcelona again finished second in the table, after enjoying similar growth of 7 per cent in annual revenue, now up to €483m, whilst Manchester United, Bayern Munich, Chelsea and Arsenal all also retained their positions in the top six.
Noticeably, no other Spanish team appears in the top 20 rundown. Valencia dropped from 19th to 21st in the ranking, suffering a €5.7m drop in revenue down to €111.1m for 2011-12, compared with the previous year.
Meanwhile, Atletico Madrid are placed 23rd, one position lower than last year, but with a revenue of €107.9m, representative of a €8m rise.