Flamengo named among the highest earning clubs in the world

The Rio team is cited in a report on the leading institutions in turnover, dominated by Real Madrid
by
Josué Seixas
2024-01-25 17:23:30

Without surprises, European teams dominate the list of those that generated the most income in the world last season. At the top of the ranking, prepared by the consulting firm Deloitte, is Real Madrid, which had a turnover of 831 million euros in the 2022-2023 season.

According to the report, this is due “thanks to the good performance of its official merchandising, the greater attendance at the Santiago Bernabéu and the recovery of sponsorship income after the relaxation of post-pandemic restrictions.”

The merengue had not occupied this first place since the 2017-2018 season.

Second is Manchester City, which generated 826 million euros after a dream season in which they won everything, including the Champions League and the Club World Cup, while third is Paris Saint-Germain with 802 million euros.

The twenty strongest clubs financially are all European and together they recorded a record accumulated turnover of 10.5 billion euros, 14% more than the previous season, when they reached 9.2 billion euros.

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Brazil and the US threaten European leadership

The report recognizes that the list is historically dominated by European clubs, but indicates that “in the short term it is possible that hegemony will be challenged, especially by clubs from the United States and Brazil.” In that sense, he specifically cites Inter Miami, which multiplied its income after the signing of Lionel Messi in 2023, “while Flamengo is at the door of the 30 best this year.”

“With plans for the 2025/26 FIFA Club World Cup to feature 32 teams (with 20 clubs outside the European confederation), these aspiring clubs could benefit from additional revenue streams,” the paper added.