Real Madrid beat Manchester United to take richest club award for tenth year in a row

Spanish giants Real Madrid have been crowned the richest football team in the world for the tenth year in a row.

It tops a glorious year for the team, which features a host of superstars such as Cristiano Ronaldo and Gareth Bale, after winning their tenth Champions League title in May.

Los Blancos had revenues of €549.5m (£421m, $638m) in the 2013/14 season, according to Deloitte's Money League. This is an increase from €518.9m in the previous campaign, despite adding expensive acquisitions James Rodriguez and Toni Kroos to the squad.

Manchester United claimed second spot with revenues of €518m – up from fourth in the previous year – in spite of a dismal season under the stewardship of David Moyes, who is now plying his trade in Spain with Real Sociedad.

Bayern Munich, Barcelona and Paris Saint-Germain complete the top five, followed by four English teams in succession: Manchester City, Chelsea, Arsenal and Liverpool.

Overall, it was a fantastic year for English clubs, with 14 Premier League teams making it into the top 30, and all 20 making it into the top 40 largely thanks to record TV deals.

Austin Houlihan, senior manager at Deloitte, said: "The Premier League's new broadcast deals have translated into big revenue increases across the English top flight.

"In fact, every Premier League club reported record revenues in 2013-14."

Houlihan continued: "The fact that all the clubs in the Premier League are in the top 40 is testament to the huge appeal of the league globally and also the equality of the distributions the clubs enjoy relative to their European counterparts.

"Additionally, the Premier League is currently negotiating for the next cycle of media rights and further uplifts are anticipated."

Turkish club Galatasaray were the only team that isn't a part of Europe's top five leagues – England, Spain, Germany, France and Italy – that made it in to the top 20.