Nigel Holland BA (Hons) FCA
Comment from Nigel Holland BA (Hons) FCA, Principal of Holland & Co Chartered Accountants “Strong revenue follows strong planning, whether in football or business.”
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Real Madrid have topped Deloitte’s Football Money League after becoming the first football club to generate more than €1 billion in annual revenue. Their success reflects diversified income streams, global brand strength, and consistent participation in elite competitions.

By contrast, Manchester United have fallen to eighth place, their lowest position ever. This decline follows a €52 million drop in broadcast income after missing out on Champions League football. Meanwhile, Liverpool emerged as the highest-earning English club, with nine Premier League teams still featuring in the top 20.

However, the figures highlight a wider lesson. Income concentration, reliance on a single revenue source, and weak contingency planning can quickly erode performance. In business, as in football, cash flow, forecasting, and tax efficiency remain critical.

At Holland & Co Chartered Accountants, we regularly help clients review their tax position, improve record-keeping, and assess structure. A £200 plus VAT tax review can identify savings, while deeper Financial Health Reviews assess profitability, systems, and long-term resilience. Clients may also benefit from better bookkeeping through KashFlow and structured planning via www.hollandandcompany.co.uk/financial-health-review.

As proud supporters of Everton Football Club and the team behind the new Hill Dickinson Stadium, we see first-hand how long-term investment and disciplined planning support sustainable growth.

• Real Madrid exceed €1bn revenue through diversified income
• Manchester United suffer from reduced broadcast income
• Liverpool lead English clubs in earnings
• Financial resilience depends on planning and structure
• Businesses face similar risks without review and forecasting

Further insights on revenue management and financial planning are available at www.hollandandcompany.co.uk and through guidance from Deloitte’s Football Money League at https://www.deloitte.com.

Business finance, tax planning, football finance, cash flow management

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Holland & Co Chartered Accountants
102 Widnes Road
Widnes, Cheshire WA8 6AX

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