Manchester United were the fifth highest revenue-generating football club in 2022-23 after recording a revenue of £648.5 million (€745.8m).
This is an increase of £65.3m over the last year, according to the 27th and most recent edition of the Deloitte Football Money League.
The annual profile of the highest revenue-generating clubs in world football is widely regarded in the industry as the most reliable independent analysis of the top-earning clubs.
The Red Devils are only behind Manchester City (2nd) in the Premier League and are ahead of Liverpool (7th), Tottenham Hotspur (8th), Chelsea (9th) and Arsenal (10th) in the list of the highest revenue-generating football clubs in the English top-flight for last season.
Real Madrid (1st), Paris Saint-Germain (3rd) and Barcelona (4th) are the other clubs that generated more revenue than Man United across the globe.
They were fourth in the football’s rich list for 2021-22 despite raking in £583.2m (€688.6m).
Man United earned €151m in matchday revenue, €240m in broadcasting revenue and €355m in commercial revenue in 2022-23, with their failure to qualify for the Champions League affecting their total revenue.
They played in the Europa League last term after finishing sixth in the 2021-22 Premier League campaign and were dumped out of the competition in the quarter-final by Sevilla.
The Red Devils won the League Cup after beating Newcastle United 2-0 in the final at Wembley.
They entered the competition in the third round, playing at Old Trafford as they defeated Aston Villa, Burnley and Charlton Athletic on their way to the double-legged semi-finals against Nottingham Forest.
Man United also entered the FA Cup in the third round, playing at home against Everton, Reading, West Ham United and Fulham.
They faced Brighton & Hove Albion in the semi-final at Wembley but lost the final to Man City at the same ground.
They finished third in the Premier League and qualified for the 2023-24 Champions League, so they are expected to earn more revenue this term despite failing to advance to the knockout stages of the elite European competition.
Man United finished bottom of their group and failed to qualify for the knockout stage of the Europa League too.
They have also failed to defend the League Cup after losing 3-0 at home to Newcastle United in the fourth round having secured a 3-0 victory over Crystal Palace at Old Trafford in the previous round.
Man United also entered the FA Cup in the third round, securing a 2-0 victory against Wigan Athletic away from home. They visit Newport County in the fourth round on Sunday.
Securing a place in Europe next season is proving tricky at the moment, as they are currently eighth in the Premier League table after 21 games.
Failure to feature in any continental competition in 2024-25 would deal a massive blow to their finances for that campaign.
