Manchester United news: Red Devils earn more than Real Madrid and Barcelona 

Manchester United have emerged as the highest earners in world football for the first time in 13 years after the Red Devils revenues astronomically jumped to £3.6billion, up £0.2billion from the previous campaign.

Premier League clubs achieved record revenues for the 2015/16 season but posted overall pre-tax losses, figures released by Deloitte reveal.

United, despite spending almost £200m on transfers last summer, saw their revenue grow to £515m, which saw them top the Deloitte Football Money League for the first time since 2003-04 as the world’s highest revenue-generating club ahead of Real Madrid, Barcelona, PSG and.Bayern Munich.

The combined operating profits of the 20 clubs in the English Premier remained stable at £0.5billion, with wage costs increasing by 12% to £2.3billion.

That’s in the wake of Sky and BT paying a record £5.136billion for the latest round of TV rights, 71% higher than the previous deal.

“Our analysis reveals a return to pre-tax losses, following two consecutive years of pre-tax profits,” Dan Jones, partner and head of the Sports Business Group at Deloitte, said.

“However, it is worth noting that this is due to a small number of one-off ‘exceptional’ costs, and we fully expect that the Premier League’s new three-year broadcast rights deal will see a return to record levels of profitability in the 2016/17 season.”

United will be looking to earn more money by making sure they progress to the Europa League semi-finals tonight by beating Belgian club Anderlecht at Old Trafford after both sides played out 1-1 in last week’s quarterfinals first-leg tie in Brussels.

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