Bayern Munich remains in 4th place in the 2018 edition of Deloitte’s Football Money League and earn more commercial revenue than any other club.
The German club had a total of €587.8m in 2017.
For the second year in a row, Manchester United came out on top with €676.3m, followed by Real Madrid (€674.6m) and Barcelona (€648.3m).
Bayern maintained their 4th place spot despite a slight decline in their total revenue (0.7%), down from €592m in 2016.
The club’s revenue sources seem at odds with the trends seen in the rest of the Money League, with their commercial revenue coming out at 48% of their total earnings and their broadcast revenue at 33%. Most other clubs have seen increased broadcast revenue at the expense of commercial revenue which is 38% on average elsewhere in the Money League.
The Bundesliga is set to negotiate a new four-year broadcasting deal this year, and this should result in an increase in broadcast revenues for its clubs going forward.