The Champions League Quarterfinals are set, well almost as Liverpool and Inter Milan play their second leg in Milan on March 11th with Liverpool traveling to Italy after winning the first leg at home 2-0. There have been some major surprises and some not so major surprises in the 2008 Champions League. Defending champions AC Milan will be watching from home, as they were defeated in the first round of the knockout phase. Two of the surprise teams that have made it to the quarterfinals are Schalke 04 from Germany and Fenerbahçe from Turkey. If Liverpool can get past Inter Milan there will be 4 teams from England’s Premier League in the last 8 teams in the 2008 Champions League Tournament.
Yesterday we covered the revenues of the top 20 soccer teams in the world in terms of revenue and how that Real Madrid Still Richest Soccer Club in the World . But how do Real Madrid and Manchester United stock up with the largest US sports franchises like the New York Yankees and Washington Redskins in terms of revenue?
Lets first look at the annual revenues of the teams in America’s largest leagues. According to Forbes magazine the top 5 baseball teams in terms of revenue are:
- New York Yankees $277 million
- Boston Red Sox $206 million
For the third straight year Spanish powerhouse Real Madrid topped the list of richest soccer clubs in the world. Three teams from the Premier League made the top five in Manchester United, Chelsea, and Arsenal, while another Spanish League team Barcelona is the other club in the top 5. The list is for the money generated but does not include transfer fees.
Dan Jones the partner in the Sports Business Group at Deloitte, the group that compiled the list, stated, “This is the first time that any country has had three clubs in the top five of the Money League. Arsenal’s move to the Emirates Stadium has transformed their revenues whilst Chelsea’s revenue increase sees them return to the top five.”