Real Madrid have been named the world’s richest football club by current revenue, with income of €1.16bn, according to a ranking published by The Touchline account.

Barcelona are second on €975m, while Bayern Munich complete the top three with revenue of €861m.

Paris Saint-Germain, the reigning Champions League winners, are fourth with €837m. Liverpool round out the top five on €836m.

Manchester City are sixth at €829m, narrowly ahead of Arsenal, who are listed on €822m.

Manchester United occupy eighth place with €793m, followed by Tottenham on €673m. Chelsea complete the top 10, with revenue of €584m.