For the first time in their existence, Manchester City has been named the richest club in the world in terms of income earned in the Deloitte Money League.

The top five are City, Madrid, Bayern Munich, Barcelona, and United, with PSG in sixth, Liverpool in seventh, Chelsea in eighth, and Juventus and Tottenham in ninth and tenth place, respectively.

Manchester City was sixth last year with €549.2 million in sales, but soared to first this year with €644.9 million in revenue.Manchester United finished fourth last year with €580.4 million in sales, but slid to fifth this year with €558 million in revenue.

Check out the world's top 20 wealthiest clubs:

1.Man City – €644.9 million

Real Madrid is ranked second with a value of €640.7 million.

Bayern Munich is ranked third with a €611.4 million budget.

4th – €582.1 million

5 Manchester United – €558 million

6 PSG – €556.2 million

Liverpool is ranked 7th in the Premier League, with a value of €550.4 million.

8.Chelsea – €493.1 million

9.Juventus — €433.5 million

10 Tottenham Hotspur – €406.2 million

11.Arsenal - €366.5 million

12.Dortmund – €337.6 million

13 Atletico Madrid – €332.8 million

Inter – €330.9 million

15 Leicester City – €255.5 million

16.West Ham United – €221.5 million

€219.2 million – 17 Wolves

18.Everton – €218.1 million

19 Zenit – €212 million

20.Aston Villa – €207.3 million

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