Newcastle United's Saudi-backed owners have propelled the club back into the top 20 of the Deloitte Football Money League.
The Magpies had been absent from the top 20 for the last four years but after the club's Middle East purchase, which saw the end of the unpopular Mike Ashley at St James' Park, their stock has risen once more. United's revenue increased £180m, placing them 20th in the annual list.
Zal Udwadia, assistant director of Deloitte’s Sport Business Group said: "It's hugely significant. Eleven of the 20 clubs are from the Premier League and I think it’s only a matter of time until we see all 20 in the top 30. Newcastle have been a powerhouse, they’re a one-club city and investment will only trigger further growth."
Newcastle's status in the money league could be boosted even further with new sponsorship deals expected and the prospect of European football. The Magpies could go eight points clear in the top four if Spurs stutter in the next few days and United beat Crystal Palace.
A big clutch of the world's richest clubs based on revenue are from the Premier League, according to the analysis by Deloitte. Indeed 11 clubs make up the top 20 from the 2021/22 season.
Manchester City are top, making £619.1m, they sit ahead of Real Madrid on £625million. Liverpool sit seventh, while Manchester United, Chelsea, Tottenham and Arsenal also made the top 10. West Ham, Leicester, Leeds, Everton and Newcastle were in the top 20.
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