Manchester United have jumped above Spanish giants Real Madrid in the latest edition of Deloitte’s Football Money League.

Published on Wednesday, Deloitte have uncovered the ‘highest revenue generating clubs in world football’ of which United now top the list.

The Red Devils have regained top spot for the first time since 2003/04 with a record revenue of £515million.

United have replaced Madrid after an 11-year reign at the summit for the Spaniards who have dropped to third. Barcelona have leapfrogged them into second.

The big movers were Leicester City, who moved up to 20th on the Money League thanks to last season’s Premier League triumph.

It is forecast that all 20 Premier League clubs will take their place in the top 30 next year due to the 2016/17 TV contracts.

Deloitte has revealed that aggregate revenue for the top 20 clubs rose to €7.4billion, with a trio of clubs smashing the €600m barrier over the three revenue categories – matchday, broadcast and commercial.

2017 Deloitte Football Money League

1. Manchester United – €689m

2. Barcelona – €620.2m

3. Real Madrid – €620.1m

4. Bayern Munich – €592m

5. Manchester City – €524.9m

6. PSG – €520.9m

7. Arsenal – €468.5m

8. Chelsea – €447.4m

9. Liverpool – €403.8m

10. Juventus – €341.1m

11. Borussia Dortmund – €283.9m

12. Tottenham Hotspur – €279.7m

13. Atletico Madrid – €228.6m

14. Schalke 04 – €224.5m

15. AS Roma – €218.2m

16. AC Milan – €214.7m

17. Zenit Saint Petersburg – €196.5m

18. West Ham United – €192.3m

19. Inter Milan – €179.2m

20. Leicester City – €172.1m

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