The revenue increase saw Barcelona shoot past a rather stagnant Real Madrid. Here are some other comparisons that show that although Barcelona will top the next Deloitte Financial Football League, Real Madrid is in far better financial health. EBITDA (Earnings before interest, tax, depreciation and amortization): Barcelona €72M; Real Madrid €124M - advantage Real MadridProfit after tax: Barcelona €5M; Real Madrid €38M - advantage Real MadridNet Debt: Barcelona - €217M; Real Madrid (€27M) - advantage Real Madrid (Yes, Real has negative debt)Gains on player transfers: Barcelona €101M; Real Madrid €98.5M - advantage BarcelonaPaco Alcacer; a player that contributed to Barcelona's gains by selling players (Photo by Quality ... [+] Sport Images/Getty Images) Getty ImagesAmortization of players contracts: Barcelona €146M; Real Madrid €104M - advantage Real MadridSoccer wages: Barcelona €501M; Real Madrid €362M - advantage, I’ll let you decide. Other expenses: Barcelona €238M; Real Madrid €239M - a draw. After deducting the transfer revenue Bayern will almost certainly hold on to 4th spot with “apples-to-apples” revenue of €652M - an increase of €23m or 3.6% from the previous year.

Source: Forbes November 18, 2019 00:33 UTC