For a second consecutive year, they topped Deloitte’s Money League, released today. The figures are for last season, which ended with another Champions League title for Real Madrid, enabling them to become the first football club to push through €1billion in annual revenue, earning €1.05bn (£884m; $1.08bn).

Manchester City faces uncertainty in the Champions League after a 4-2 defeat to PSG, despite an initial lead. PSG's win places them in 22nd place, setting up a critical match against Stuttgart. City must beat Club Brugge to advance.

Erling Haaland has signed a sensational new contract at Manchester City until 2034, effectively ending links to Real Madrid in the future.

The Taylor Swift effect and further revenue away from soccer have helped Los Blancos, with the Miami Dolphins' home game later this year only expected to help keep them at the top.

Real Madrid have become one of the most well-run clubs in the world over the last few years, under the stewardship of president Florentino Perez, who recently was confirmed as staying on in the role

Real Madrid are the first football club to top a billion euros in revenue during a single season, fuelled by income generated by the revamped Santiago Bernabeu stadium, according to