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LONDON. — Liverpool’s victory in the Champions League could usher in a new era of English dominance of European football competition — but titans Real Madrid will not take the challenge lying down.

The 2-0 win for Jurgen Klopp’s side over Tottenham Hotspur in Madrid on Saturday was the culmination of a week of all-English European finals, after Chelsea had thrashed Arsenal 4-1 in Baku to lift the Europa League trophy. The Premier League’s European rivals have taken note of the English dominance this season, with many seeing it as evidence of the Premier League’s overwhelming financial power created by TV contract receipts that put other leagues in the shade.

A report from accountants KPMG last month underlined that financial muscle, with six English teams ranked among the top 10 European clubs that generate the greatest revenue. Manchester United were runners-up to top-placed Real Madrid. Abu Dhabi-backed Manchester City, the newly crowned Premier League champions, were in fifth place, ahead of Russian-owned Chelsea, US-backed Liverpool, and Arsenal, with Tottenham in ninth spot.

The looming prospect of Brexit does not yet seem to have had a detrimental effect on the growing incomes of the top English clubs. For Tottenham, who reached the Champions League final after miraculous escapes in the group stage, quarter-finals and semi-finals, the question is whether their achievement shows mounting momentum or is merely a lucky high water-mark. — AFP.