Manchester United retain status as world's richest club

Manchester United retain status as world's richest club - by just £1.7 million.

Manchester United have held on to top spot as the world’s richest club, by just £1.7m from Real Madrid, thanks to their victory in the Europa League final against Ajax. The Red Devils, guided by chief executive, Ed Woodward, generated revenue of €676m (£581m), pipping Champions League winners Real Madrid, even though the Spanish giants’ success in Europe’s most prestigious club competition saw their revenue grow in the last 12 months by 54.5m euros. And it was United’s own success in Europe that meant they clung on to top spot as their victory in the Europa League final meant they received €44.5m in payments from Uefa, four times more than Atlético Madrid received in 2011-12 for winning the same competition. As expected United and Real Madrid are joined by Barcelona to complete the top three places, with Bayern Munich fourth.