Real Madrid retained their place at the summit for the 11th year in a row, having generated 628million pounds.
The 2016 Deloitte Football Money League – detailing the 2014/15 season – measures a club’s earnings from match day revenue, broadcast rights and commercial sources, and ranks them on that basis.
Manchester United remain the top-earning Premier League club, bringing in £395.2m. However, the Old Trafford outfit have slipped one place in the overall ranking to third.
United’s absence from the 2014/15 Champions League contributed to them being overtaken by winners of the competiton, Barcelona who are in second.
Chelsea (£319.5m) also fell one place to eighth after a decrease of £4.9m in earnings, but Arsenal (£331.3m) climbed to seventh after adding £30.8m to their 2013/14 figure.
Manchester City (£352.6m, up £4.3m) and Liverpool (£298.1m, up 42.3m) maintained their sixth and ninth places, respectively.
There were also three Premier League clubs making their first appearance in the Money League top 30 – with Leicester City (£104.4m), Crystal Palace(£99.5m) and West Bromwich Albion (£96.3m) joining the elite.
In total, there are 17 Premier League teams in the top 30, including WestHam (£122.4m), who rose to 20th place.