The financial architecture of the Premier League has never been more stratified, and the numbers for 2025/26 tell a story that goes beyond what happens on the pitch. When you look at the revenue figures across the Premier League, what emerges is not just a hierarchy of wealth but a reflection of where power really sits in modern football.
These numbers matter because they determine almost everything that happens on the pitch.
When Manchester United can absorb years of mismanagement and still pull in £679 million, when Brighton can run one of the smartest operations in Europe and still sit £505 million behind Manchester City, you realise that the game has been fundamentally altered by the sheer volume of money flowing through it.
Revenue buys tolerance for failure at the top and punishes competence at the bottom.
England’s Richest Football Clubs 2025
| Rank | Club | Total Revenue | Broadcasting | Commercial | Matchday |
|---|---|---|---|---|---|
| 1 | Manchester City | £737m | £295m | £366m | £76m |
| 2 | Manchester United | £679m | £222m | £326m | £131m |
| 3 | Arsenal | £631m | £262m | £222m | £147m |
| 4 | Liverpool | £629m | £235m | £282m | £112m |
| 5 | Tottenham Hotspur | £542m | £186m | £251m | £105m |
| 6 | Chelsea | £480m | £190m | £212m | £78m |
| 7 | Newcastle United | £327m | £175m | £90m | £62m |
| 8 | West Ham United | £284m | £156m | £91m | £37m |
| 9 | Aston Villa | £273m | £155m | £88m | £30m |
| 10 | Brighton | £226m | £115m | £83m | £28m |
| 11 | Nottingham Forest | £190m | £106m | £61m | £23m |
| 12 | Crystal Palace | £193m | £106m | £64m | £23m |
| 13 | Everton | £192m | £108m | £63m | £21m |
| 14 | Fulham | £187m | £104m | £61m | £22m |
| 15 | Wolverhampton | £178m | £95m | £61m | £22m |
| 16 | Brentford | £167m | £92m | £52m | £23m |
| 17 | AFC Bournemouth | £161m | £88m | £52m | £21m |
All figures rounded to nearest £1 million. Sub-columns sum to each club’s total revenue.
What makes Manchester City the most valuable is its commercial operation. They pull in £366 million from sponsorships, partnerships, and licensing deals.
That figure alone exceeds the total revenue of 14 clubs in the division. Their broadcasting revenue of £295 million reflects consistent Champions League participation and success in domestic competitions.
However, their matchday income of £76 million lags behind several rivals, a consequence of the Etihad Stadium‘s capacity and pricing structure compared to the historic giants of English football.
Manchester United remain a commercial juggernaut even when results falter.
Their £326 million in commercial revenue keeps them competitive at the top of the table, while their matchday income of £131 million is the highest in the league.
Old Trafford’s 74,000 capacity and the global pull of the United brand mean they can monetise home fixtures in ways few others can match. The challenge for United has been maximising their broadcasting income, which sits at £222 million.
Without regular Champions League football, that figure will continue to lag behind their rivals who compete at the highest level of European competition season after season.
Arsenal have built something sustainable at the Emirates Stadium.
Their matchday revenue of £147 million leads the entire league, a reflection of both capacity and the ability to charge premium prices in North London.
Their broadcasting income of £262 million shows the value of returning to the Champions League, while commercial revenue of £222 million demonstrates a club that has strengthened its global footprint.
Arsenal have closed the gap on the traditional powerhouses through smart management and a clear identity both on and off the pitch.
Liverpool generates £629 million in total revenue, with their commercial operation bringing in £282 million. The club has leveraged recent success under Jurgen Klopp into long-term partnerships and sponsorship deals that reflect their status as European champions and perennial title contenders.
Broadcasting income of £235 million reflects consistent Champions League participation, while matchday revenue of £112 million from Anfield shows the limits of a stadium that, even after expansion, cannot compete with the largest venues in the league.
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The Second Tier: Ambitious Clubs With Growing Revenues
Tottenham Hotspur sit in fifth place with £542 million in total revenue, a figure that reflects the benefits of their new stadium and ambitious commercial strategy. Their £251 million in commercial income and £105 million in matchday revenue show how infrastructure investment pays off.
The Tottenham Hotspur Stadium has become a revenue-generating machine, hosting NFL games, concerts, and other events that supplement football income.
However, their broadcasting revenue of £186 million highlights the cost of inconsistent European qualification. Tottenham need to secure regular Champions League football to bridge the gap to the top four.
Chelsea brings in £480 million despite a period of upheaval and transition. Their commercial revenue of £212 million and broadcasting income of £190 million reflect a club with global reach and European pedigree.
The matchday income of £78 million from Stamford Bridge shows the limitations of one of the smaller stadiums among the elite clubs. Chelsea have plans for stadium redevelopment, and when that happens, their matchday figures could surge. Until then, they rely heavily on commercial deals and prize money to compete financially with the biggest clubs.
Newcastle United have climbed to seventh with £327 million in total revenue, a figure that reflects their return to the Champions League and the backing of their Saudi ownership.
Broadcasting income of £175 million shows the value of European football, while commercial revenue has jumped to £90 million as new partnerships emerge.
Matchday income of £62 million from St James’ Park suggests room for growth, particularly if the club explores stadium expansion or maximises pricing power. Newcastle are ascending rapidly, and its financial trajectory looks set to continue upward.
The Middle Class: Clubs Building Sustainable Models
West Ham United, Aston Villa, and Brighton represent three different approaches to building sustainable revenue streams outside the traditional elite. West Ham generates £284 million, with broadcasting income of £156 million reflecting mid-table stability and European competition.
Their commercial revenue of £91 million and matchday income of £37 million from the London Stadium show the challenges of monetising a venue that lacks the intimacy and atmosphere of a traditional football ground.
Aston Villa have bounced back into European football, and their revenue of £273 million reflects that resurgence. Broadcasting income of £155 million has been bolstered by Conference League participation, while commercial revenue of £88 million shows a club rebuilding its brand.
Matchday income of £30 million from Villa Park suggests potential for growth if the team continues to compete at the top end of the table.
Brighton has become one of the smartest-run clubs in England, with £226 million in total revenue built on a model of player development and savvy recruitment.
Their broadcasting income of £115 million reflects their Premier League stability, while commercial revenue of £83 million shows a growing brand. Matchday income of £28 million from the Amex Stadium is modest, but Brighton have proven that success can be built without the largest fanbases or stadiums.
Revenue Streams: Where the Money Comes From
Broadcasting: Includes central Premier League domestic and international TV rights distributions, UEFA competition payouts (Champions League, Europa League, Conference League), and other broadcast-related prize money.
Commercial: Comprises sponsorships, shirt and kit manufacturing deals, commercial partnerships, merchandising, licensing income, and other non-matchday revenue streams.
Matchday: Covers ticket sales (league and cup games), hospitality, and all in-stadium revenue from home fixtures.
The bottom half of the table shows clubs that rely almost entirely on broadcasting revenue to survive. Nottingham Forest, Crystal Palace, Everton, Fulham, Wolverhampton, Brentford, and Bournemouth all bring in between £161 million and £193 million, with broadcasting income accounting for more than half of their total revenue.
These clubs have limited commercial appeal compared to the giants, and their matchday income rarely exceeds £25 million.
Everton generates £192 million despite financial turmoil and point deductions.
Their broadcasting income of £108 million reflects Premier League survival, but commercial revenue of £63 million and matchday income of £21 million show a club struggling to monetise its brand. The move to a new stadium at Bramley-Moore Dock could transform their financial outlook, but until then, Everton remains stuck in mid-table financially and competitively.
Fulham, Wolverhampton, and Brentford all bring in similar figures around £170-190 million, with broadcasting making up the bulk of their income.
These clubs operate on modest budgets compared to the elite, and their ability to compete depends on smart recruitment and coaching rather than financial muscle.
Brentford have embraced a data-driven model that maximises value from a £167 million budget, while Fulham and Wolves navigate the challenges of staying competitive without significant commercial or matchday growth.
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The Growing Financial Divide
The gap between the top six and the rest of the league continues to widen. Manchester City, Manchester United, Arsenal, Liverpool, Tottenham, and Chelsea bring in a combined £3.7 billion, while the bottom 11 clubs generate roughly £2.2 billion combined. This disparity shapes everything from transfer spending to wage bills to the ability to retain top talent.
What separates the elite from everyone else is not just broadcasting income, which is relatively evenly distributed through the Premier League’s collective bargaining model. The real difference lies in commercial revenue and matchday income.
Manchester City generate £366 million commercially compared to Bournemouth’s £52 million. Arsenal brings in £147 million on matchdays, while Aston Villa manage £30 million.
These gaps cannot be closed through league position alone.
The financial hierarchy of the Premier League creates a cycle that reinforces itself. Clubs with higher revenues can afford better players, which leads to better results, which generate more broadcasting income from European competition, which allows for higher wages and transfer fees, which attract better players.
Breaking this cycle requires either extraordinary management, significant investment, or both.
Newcastle represent the clearest example of a club trying to muscle its way into the elite through ownership investment. Their revenue has jumped from mid-table obscurity to seventh in the league, and further growth seems inevitable if they maintain Champions League qualification.
The challenge for Newcastle will be navigating financial sustainability regulations while competing with clubs that have decades of commercial infrastructure in place.
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