Real Madrid is the first sports club to make more than 500 million euros ($665 million) in annual revenue, according to accountant Deloitte LLP.
Real, a record nine-time Champions League winner, topped the ranking for the richest soccer team by revenue for the eighth straight year, Deloitte said in its 16th annual “Money League” report of the sport’s highest-earning clubs. Sales through June 2012 rose 7 percent to 512.6 million euros. Real’s eight straight years at the top of the ranking matches Manchester United’s run, which began with the initial list in 1996-97.
Sports management at IE