The latest Football Money League report reveals Milan, Inter and Juventus” data-scaytid=”1″>Juventus all suffered drops in revenue in 2011 but that it was a good year for Napoli.

The annual report, carried out by financial analysts Deloitte, reveals the top 20 club revenues in European football each season and for another consecutive campaign, the top positions belong to Real Madrid and Barcelona, with Manchester United and Bayern Munich close behind.

The latest Football Money League report reveals Milan, Inter and Juventus all suffered drops in revenue in 2011 but that it was a good year for Napoli.

The annual report, carried out by financial analysts Deloitte, reveals the top 20 club revenues in European football each season and for another consecutive campaign, the top positions belong to Real Madrid and Barcelona, with Manchester United and Bayern Munich close behind.

Where Milan held on to their position in the table as having the seventh highest total annual revenue in Europe and Inter moved up a place to having the eighth highest, both clubs suffered a slight decline in money earned.

The Rossoneri generated €8.9m less in 2010-11 than they managed in 2009-10, whilst the Nerazzurri’s earnings fell by €13.4m over the same period. Similarly, Juventus dropped three places to 13th in the Money League with a €51.1m fall in total revenue.

All three clubs have been hit hardest by the new and more even distribution of television broadcast rights for Serie A games. Milan and Juve both saw broadcasting revenues drop by around €40m between 2009-10 and 2010-11, whilst Inter also took a €13m hit in this area.

However, it was not all bad news for Serie A sides, with Roma enjoying a healthy growth of over €20m to a total €143.5m revenue last season, whilst Napoli were one of three newcomers to the League this year, taking 20th spot with a €114.9m revenue, thanks in a large part to a 52 per cent increase in matchday revenue.

This is the first year that the Partenopei have broken the €100m barrier and they are anticipated to move even higher up the table next year due to 2011-12’s participation in the Champions League.

The Deloitte Football Money League 2012 (total revenue for 2010-11)

1. Real Madrid €479.5m

2. Barcelona €450.7m

3. Manchester United €367m

4. Bayern Munich €321.4m

5. Arsenal €251.1m

6. Chelsea €249.8m

7. Milan €235.1m

8. Inter €211.4m

9. Liverpool €203.3m

10. Schalke €202.4m

11. Tottenham Hotspur €181m

12. Manchester City €169.6m

13. Juventus €153.9m

14. Marseille €150.4m

15. Roma €143.5m

16. Borussia Dortmund €138.5m

17. Lyon €132.8m

18. Hamburg €128.8m

19. Valencia €116.8m

20. Napoli €114.9m

Byrob

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