The 10 clubs who make the most TV money

Robin Bairner
Robin Bairner
  • Updated: 21 Mar 2022 17:43 CDT
  • 3 min read
Cristiano Ronaldo, Manchester United, Champions League, 2021/22
© ProShots

Manchester City are the football club that makes the most money from TV rights, according to the 2022 edition of the Deloitte Football Money League.

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The report details the clubs in world football which generate the most money and details how they make it.

Given that the Premier League’s broadcasting rights are one of the key reasons that it enjoys such pre-eminence in the world game, it should come as little surprise that it is the league’s champions that earn the most money via this revenue stream.

Man City’s TV rights were worth €276 million to them on average over the financial years 2019/20 and 2020/21.

But while Premier League outfit top this chart, it is Barcelona who come in second on €269m, closely followed by Liverpool on €268m and Real Madrid on €267m.

In total, there are nine clubs that top the €200m mark in this regard, including Chelsea, Manchester United, Bayern Munich, Atletico Madrid and Juventus.

Rounding out the top 10 are Tottenham

Average broadcast revenue 2019/20 and 2020/21

ClubRevenue (€m)
Man City276
Barcelona269
Liverpool268
Real Madrid267
Chelsea259
Bayern Munich229
Man Utd223
Atletico Madrid215
Juventus201
Tottenham194

Impact of Covid on broadcast revenues

Covid did not actually have too dramatic an impact on broadcast revenues, which were relatively robust in the face of the pandemic. There were clear drops shown by every team on the list, but these were not as profound as the dips in matchday revenue.

Indeed, the trend continues to be a positive one in this income stream. For example, the average broadcast revenue for a side in the Money League in 2018/19 – the final year before the pandemic – was €44m. That enjoyed a modest increase to €47m on average in the following two years.

Many clubs are now matching or even surpassing what they recouped in broadcasting in the pre-pandemic period, although it should be stressed that this is also connected to on-field performance.

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