Real Madrid tops Deloitte 's annual Money League for the club with the highest revenue . Manchester United surpasses Barcelona and Bayern Munich to move into second spot . The top five clubs in Europe are all owned by Spanish companies, including Real Madrid, which is controlled by a group of investors led by Jorge Mendes.
Real Madrid tops Deloitte 's annual Money League for the club with the highest revenue . Manchester United surpasses Barcelona and Bayern Munich to move into second spot . List is dominated by English football with all 20 Premier League clubs in the world 's top 40 .