Liverpool have climbed four places to third in the Deloitte Football Money League for 2021/22, putting them above Manchester United for the first time in the publication's 26-year history.
Manchester City retain their place at the top of the Money League, which ranks the 20 highest revenue-generating clubs in world football, with Real Madrid (2nd), Manchester United (4th) and Paris Saint-Germain (5th) making up the rest of the top five.
Liverpool are the biggest movers in this year's edition thanks to a revenue increase of almost 22 per cent, from £487.4m in 2020/21 to £594.3m in 2021/22.
Deloitte put Liverpool's rise down to additional broadcast revenue generated by their run to the 2022 Champions League final and a particularly significant increase in matchday revenue.
This year's Money League highlights the financial might of the Premier League, with Premier League clubs making up more than half of the 20 included, including two new entries in Leeds United (18th) and Newcastle United (20th).
