Manchester United have dropped to fourth in the Deloitte Money League.
Real Madrid and Barcelona continue to outpace the rest of the world in earnings, with Bayern Munich jumping to third after last season's Champions League win.
THE FOOTBALL MONEY LEAGUE TOP 10 (total revenue):
1. Real Madrid (£444.7m)
2. Barcelona (£413.6m)
3. Bayern Munich (£369.6m)
4. Manchester United (£363.2m)
5. Paris St Germain (£341.8m)
6. Manchester City (£271m)
7. Chelsea (£260m)
8. Arsenal (£243.6m)
9. Juventus (£233.5m)
10. AC Milan (£225.8m)
