Spanish giants Real Madrid have once again been named the richest club in Europe, according to UEFA’s latest report into football finance.
The La Liga side lead in terms of 2014 revenue (€550m), gate receipts (€121m), biggest wage bill (€270m) and most expensive squad (€316m), skysports reports.
PSG have the second most expensive squad (€276m).
Man United are Europe’s top club in terms of operating profit with €140m in 2014 and fellow Premier League club Tottenham are the best net profit performers with €78m.
The report has also revealed that club wages have increased by more than 664 per cent over the past two decades and that player salaries reached €7bn in 2014.
Clubs in England have the highest average wage bill, at 113.9m Euros, with Germany the next highest on 63.2m Euros.
UEFA claim the effect of Financial Fair Play rules are the main mitigating factor in the reduction of combined club losses from 1.67bn Euros to 485m Euros.
“While we should remain cautious, it appears that the worst financial excesses of European football reported in 2010 and 2011 are potentially behind us,” said UEFA general secretary Gianni Infantino.
“This year’s edition of the report highlights some notable improvements that have taken place in the last three years, coinciding with the introduction of financial fair play.”
Europe’s richest clubs
Club 2014 revenue (euros)
1. Real Madrid 550m
2. Man Utd 519m
3. Bayern Munich 486m
4. Barcelona 485m
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