What the accounts say

Revenue · 2024/25

FC Barcelona added the most revenue in 2024/25, the biggest rise among the 19 clubs with both seasons on file.

of the 19 clubs' 2024/25 revenue went to the 9 Premier League clubs among them.

€5.65bn of €12.02bn. Clubs with 2024/25 revenue on file.

clubs made an operating profit in 2024/25 before counting profit on player sales.

In profit: Inter, Barcelona, Real Madrid.

Wages · 2024/25

of Real Madrid's revenue went on wages in 2024/25, the smallest share of the 19. The median club spent 55%.

Wages are all staff costs, not only the players.

Transfers · 2024/25

net cash paid for players by Manchester United in 2024/25, the most of the 14 clubs that publish it.

Net spend here is cash paid and received in the year, from the accounts. It will not match fee tables.

growth in commercial income from 2020/21 to 2024/25, at the 17 clubs that split their revenue every season.

€2.59bn to €4.19bn. Euros at ECB rates. Part of any change can be the exchange rate.

clubs reported a loss after tax in 2024/25.

clubs spent more on wages and transfer fees (amortisation) than they earned in 2024/25.

Chelsea, Newcastle, West Ham. Amortisation spreads a transfer fee over the contract: €100m on five years costs €20m a year.

Debt · 2024/25

net debt at FC Barcelona at the end of 2024/25, the most of the 18 clubs that publish it.

More cash than borrowings: Chelsea, Man City.

Transfers · 2024/25

profit on player sales at Manchester City in 2024/25, the most of the 18 clubs that publish it.

Profit on player sales is the fee less what is left of the player's book value. Academy players are almost all profit.

revenue growth from 2020/21 to 2024/25 at the 18 clubs with every season on file.

€7.16bn to €11.16bn. 2020/21 was played behind closed doors, so growth from that season looks bigger than it is.

Matchday · 2024/25

matchday income at Real Madrid in 2024/25, the most of the 17 clubs that split their revenue.