Its Football Money League, based on season 2016-17, also shows the combined revenues of the 20 clubs has risen 6% to €7.9bn (£6.97bn), a new record. Real Madrid, which held top spot for 11 years, were second and Barcelona third. There were a record ten English Premier League clubs in the top 20. The number in the top 30 was up from 12 to 14. The list only looks at revenues accrued and does not take into account club debts. This year's battle for first place was the closest ever, with just €1.7m separating Manchester United and Real Madrid.