The figures are due to be revealed next week and will show Arsenal generated £190m for the year ending May 2007. Real Madrid's turnover for the 2005-06 season was £202m with United posting £167.8m and Chelsea £152.8m.
Arsenal's move to the Emirates has been responsible for the massive increase. The 60,000 all-seater stadium allows the Gunners to earn around £3.5m a match.