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LONDON. — Real Madrid are the richest soccer club by revenue for the 11th straight year and Spanish La Liga rivals Barcelona have leapfrogged Manchester United into second, according to Deloitte’s Football Money League.

Real topped the list published yesterday, with an annual revenue of 577 million euros ($629.3 million) as the combined figure for the top 20 Money League clubs rose by eight percent to a record high of 6.6 billion euros.

Barcelona’s stunning success on the pitch in 2015, when they claimed five of the six trophies on offer, including La Liga and the Champions League, helped them move above Manchester United, who fell to third.

It was the first time that the top three clubs in the Football Money League have all passed the 500 million euros revenue mark.

Spanish giants Real, who clinched a record-extending 10th European Cup in 2014, were buoyed by an increase in commercial revenues which rose by 22.7 million euros from the previous season.

Although Manchester United slipped down the table, the outlook for the record English Premier League winners remains positive.

Tim Bridge, Senior Manager at Deloitte, said their return to Champions League football this season as well as a number of commercial partnerships would only strengthen the business in 2015-16.

“With this in mind, it would not be surprising to see United top next year’s Money League for the first time in 12 years,” he said in a statement. — Reuters.