• Liverpool generates 836 million euros, topping the Premier League for the first time.
• Real Madrid leads globally with 1.16 billion euros in revenue.
• Manchester United falls to eighth in the financial rankings, its lowest position ever.
• Total revenue for the top 20 clubs rises 11% to a record 12.4 billion euros.
• Commercial income driven by non-matchday activities and sponsorships contributes significantly to revenue growth.

Liverpool has emerged as the top-earning club in the Premier League for the first time, generating 836 million euros from a successful season where they clinched the top-flight title. This remarkable accomplishment marks a significant leap for Liverpool, positioning them fifth in the global football revenue rankings, the strongest performance by any English club in the 29-year history of Deloitte's Football Money League, according to BBC, Reuters, and Al Jazeera.

Leading the global chart, Real Madrid reported a staggering 1.16 billion euros in revenue, despite not winning the La Liga or Champions League titles last season. Their significant revenue growth is attributed to a 23% increase in commercial revenue, driven largely by merchandise sales and corporate partnerships, according to BBC, Reuters, and Al Jazeera.

Notably, Manchester United has faced a decline in their financial standing, dropping from fourth to eighth with revenues of 793 million euros, marking their lowest position ever in the Money League. Their challenges this season include being absent from European competitions and early eliminations in domestic cups, leading analysts to remark on their fading status as a financial powerhouse in football, according to BBC, Reuters, and Al Jazeera.

The overall financial landscape of football has also seen improvement, with revenue for the top 20 clubs rising by 11% to a record 12.4 billion euros. This spike in revenue can be attributed to growing commercial income, expanding stadium usage outside matchdays, and rising sponsorship deals contributing to a brighter outlook for many clubs, according to BBC, Reuters, and Al Jazeera.