Manchester United have come second in the list of the world's richest football club, while Real Madrid stay on top for the fourth year in a row.
Deloitte's Football Money League, based on financial information for the 2007/08 season, features seven English clubs in the top 20 positions.The authors said that United would have been top of the Money League if the pound was still at June 2007 levels.Chelsea, Arsenal and Liverpool are fifth, sixth and seventh respectively.United won the English Premier League and UEFA Champions League in 2008, posting a significant 21% pound-denominated revenue growth.The list had been headed by Manchester United for eight years until Real Madrid deposed them.
The other English clubs in the top 20 are Tottenham Hotspur (14th), Newcastle United (17th) and Manchester City (20th).All the top 20 clubs represent Europe. Germany and Italy have four clubs each in the top 20, Spain and France have two clubs each.Fenerbahce became the first Turkish club to enter the top 20 since the creation of the list of the world's richest clubs in 1996/97. Germany's Bayern Munich climbed three places to fourth, returning to the top five for the first time in five years.
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