The Deloitte Football Money League is a ranking of football clubs by revenue generated from football operations. It is produced annually by the accountancy firm Deloitte and released in early February of each year, describing the season most recently finished. Summary performance timeline The following table shows the clubs who have appeared in the rankings since the 1996–97 season, sorted by average annual rank, and drawn from the annual lists below. Rankings by season 2021–22 2020–21 2019–20 2018–19 2017–18 2016–17 2015–16 2014–15 2013–14 2012–13 2011–12 For the fourth year running, the top 4 teams were Real Madrid, Barcelona, Manchester United and Bayern Munich, with Real Madrid becoming the first team to generate over €500 million in revenue. Manchester City, Borussia Dortmund and Napoli continued their meteoric rises up the table. 2010–11 2009–10 2008–09 2007–08 2006–07 The total revenue of the 20 richest clubs in the footballing world was over a record €3.73 billion. No side could displace Real Madrid, who remain top of football's financial rankings for the third year running after seeing their revenues leap 20% to €351.8 million during the 2006–07 season. Manchester United displaced Barcelona in second place, the Spanish club moving down to third. Chelsea's revenue increase sees them return to the top five, into fourth place whilst Arsenal's move to the Emirates Stadium transformed their revenues moving them up to fifth place. This marked the first time any country has had three clubs in the top five of the Money League. European champions Milan moved up to sixth place while runners-up Liverpool moved two places up to eighth. Italian champions Internazionale moved down two places to 9th while Bayern Munich moved up a spot to seventh. Juventus' relegation into Serie B saw them move nine places down to 12th place. 2005–06 The total revenue of the top 20 richest clubs in the world is now over €3.3 billion. Barcelona gained four places in the ranking for this year, making the two richest clubs both from Spain. England has the largest number of clubs in the list. A club from Portugal was added to the list for the first time. Portugal's Benfica is the third club from the Iberian Peninsula among the top 20 in the world, after Spain's Real Madrid and Barcelona. 2004–05 In the rankings for the 2004–05 season, Real Madrid longs run at the top. Three clubs that had appeared in the previous