Compare clubs

Pick two to six clubs. Every chart and table below follows your picks and the season.

Real Madrid

Barcelona

Man City

Liverpool

Season

All amounts in euros at ECB rates. Click a value for its source page.
Liverpool (31 May): the year ends on a different date from 30 June.

Any measure

Total revenue

Trend for every season on file, bars for 2024/25.

By season

Real MadridBarcelonaMan CityLiverpool

2024/25Higher is better

Real Madrid

Barcelona

Man City

Liverpool

Real Madrid lead, €195m ahead of Barcelona.

Side by side

4 clubs, 2024/25

Lime marks the best value in a row. Hover a measure for how it is worked out.

2024/25 · EUR	Real Madrid Audited · to 30 Jun	Barcelona Audited · to 30 Jun	Man City Audited · to 30 Jun	Liverpool Audited · to 31 May
Size
Total revenue
EBITDAbefore player trading
Total assets
Squad book value
Profitability
Operating profitbefore player trading
Operating marginbefore player trading
Net profitafter tax
Net margin
EBITDA marginbefore player trading
Profit on player sales
Costs
Wage billall staff
Wages / revenue
Player amortisation
Net spend on playerscash			–
Debt and health
Net debtborrowings less cash
Net debt / EBITDA
Total liabilities
Borrowings
Equity
Cash
Cash
Operating cash flow			–
Free cash flow			–
Cash conversion			–

Growth and profit

Revenue and profitability

Total revenue

Real MadridBarcelonaMan CityLiverpool

Operating profitbefore player trading

Real MadridBarcelonaMan CityLiverpool

Net profitafter tax

Real MadridBarcelonaMan CityLiverpool

Costs

Wages against revenue

Staff costs as a share of revenue. Every employee, not only the players. Lower is leaner.

2024/25

Real Madrid

Barcelona

Man City

Liverpool

By season

Real MadridBarcelonaMan CityLiverpool

Balance sheet

Debt and financial health

At the 2024/25 year end. Net debt is borrowings less cash; below zero means more cash than debt.

Net debtLower is better

Real Madrid

Barcelona

Man City

Liverpool

Net debt / EBITDALower is better

Real Madrid

Barcelona

Man City

Liverpool

Total liabilitiesLower is better

Real Madrid

Barcelona

Man City

Liverpool

CashHigher is better

Real Madrid

Barcelona

Man City

Liverpool

EquityHigher is better

Real Madrid

Barcelona

Man City

Liverpool

Net debt by seasonLower is better

Revenue mix

Where the money comes from, 2024/25

Each club's revenue as shares of 100. Hover a block for the amount.

MatchdayBroadcastCommercialOther

Real Madrid

28%

14%

42%

16%

€1,159m revenue

Barcelona

16%

26%

58%

€964m revenue

Man City

40%

49%

€826m revenue

Liverpool

16%

38%

46%

€836m revenue

Ratios

Margins and cash

Margins before player trading, as shares of revenue. Cash conversion is operating cash flow over EBITDA.

EBITDA marginbefore player trading

Real Madrid

Barcelona

Man City

Liverpool

Operating marginbefore player trading

Real Madrid

Barcelona

Man City

Liverpool

Net margin

Real Madrid

Barcelona

Man City

Liverpool

Cash conversion

Real Madrid

Barcelona

Man City

–

Liverpool

2024/25 · EUR

Audited · to 30 Jun

Audited · to 30 Jun

Audited · to 30 Jun

Audited · to 31 May

Size

Total revenue

EBITDAbefore player trading

Total assets

Squad book value

Profitability

Operating profitbefore player trading

Operating marginbefore player trading

Net profitafter tax

Net margin

EBITDA marginbefore player trading

Profit on player sales

Costs

Wage billall staff

Wages / revenue

Player amortisation

Net spend on playerscash

–

Debt and health

Net debtborrowings less cash

Net debt / EBITDA

Total liabilities

Borrowings

Equity

Cash

Operating cash flow

–

Free cash flow

–

Cash conversion

–