Liverpool, Man City, Arsenal Overtake Man United in Financial Rankings

Manchester United have suffered a historic setback, tumbling to eighth place in the Deloitte Football Money League and, for the first time ever, falling behind both Liverpool and Arsenal.
The drop reflects the heavy toll of United’s disastrous 2024/25 campaign, which saw them finish 15th in the Premier League which was a new low under the Glazer family’s ownership and the sporting direction of Sir Jim Ratcliffe’s INEOS.
Once a dominant financial force, United’s decline marks their lowest-ever position in Deloitte’s respected rankings.
The Red Devils, who previously topped the list on 10 occasions (most recently in 2017), have now slipped out of the top five revenue-generating clubs entirely.
Despite posting a record turnover of £666.5 million last season, United were unable to keep pace with rivals at home and abroad.
Liverpool and Arsenal’s rise above them signals a significant shift in English football’s financial hierarchy, while Manchester City continue to lead the way.
The report underscores how United’s vast commercial power is no longer enough to disguise the impact of poor sporting results.
With their rivals thriving both on the pitch and on the balance sheet, Old Trafford’s financial aura has dimmed, leaving United looking up at competitors they once overshadowed.



