Story by[BBC]BBCThu, January 22, 2026 at 8:32 AM UTC·2 min readLiverpool generated more revenue than any other English club during the 2024-25 season, according to the annual Deloitte Money League survey. In the survey's 29th season, the Reds brought in more than 836m euros (£729.5m). The figure moved the Reds from eighth in 2023-24 to fifth overall, while Manchester City dropped from second to sixth. AdvertisementAdvertisementAdvertisementManchester United dropped from fourth to eighth with the club's broadcast revenue falling from €258m (£225m) to €206m (£180m) largely due to a lack of Champions League football. Arsenal, Tottenham and Chelsea each occupy the exact same positions in the Money League as last season, while Aston Villa moved up four spots. Newcastle and West Ham remain in the top 20, despite both dropping in position. Read more on the studyAcross the study, clubs cumulatively reported record revenues of €12.4bn, an increase of 11% on 2023-24. A major feature of the study points to clubs generating most of their revenue commercially, with about 43% of income coming from this source.