[MONEY MATTERS] For the fifth year in a row, Real Madrid is the largest revenue-generating soccer club with revenues of $543 million in 2008-09, according to the latest edition of the Deloitte Football Money League. How big is Real? Its broadcast revenues of $218 million are more than the total revenues of all but the top 10 clubs in the Money League. For the top 20 ...

European champion Barcelona moved up into second place, while runner-up Manchester United slipped third position, partly as a result of pound's depreciation against the euro.

2008-09 Revenues (in millions)
Real Madrid $544 million
Barcelona $496
Manchester United $444
Bayern Munich $393
Arsenal $357
Chelsea $328
Juventus $275
Liverpool $294
AC Milan $267
Inter Milan $267
Hamburg $199
AS Roma $199
Lyon $189
Marseille $181
Tottenham $180
Schalke 04 $169
Werder Bremen $156
Borussia Dortmund $140
Manchester City $139
Newcastle United $137