'%20x='0'%20y='0'%20height='100%25'%20width='100%25'%20%0A%20%20%20%20%20%20%20%20%20%20xlink%3Ahref='data:image/jpg;base64,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'%3E%3C/image%3E%3C/svg%3E)
#3 Tottenham Hotspur – Premier League
The Premier League is the most competitive footballing league on the planet. Not only is it incredibly difficult to win the title, but its top-four race tends to go down to the wire almost every single season.
North London club Tottenham Hotspur don’t challenge for the title and haven’t had much luck in the top-four race either lately. Yet they have registered €406 million of pre-tax profit over the last decade, emerging as the most profitable club in England.
Spurs’ good fortunes are down to their surprising Champions League final appearance in the 2018-19 season and shrewd transfer strategy. They never sell their players cheaply and rarely spend big on the hottest properties on the market.
Instead, they bank on their academy graduates and underrated talents to put respectable results on the board.
They do have a gross debt of €1.4 billion due to their new stadium at the moment. Thankfully, they have long-term, low-interest loans to help pay it off over the coming years.
#2 Ajax – Eredivisie
Ajax are the only club on our list that do not belong to a top-five European league. However, thanks to their thriving youth academy and regular Champions League appearances, Ajax are one of the most well-run clubs in Europe.
The Dutch outfit have brought home close to €239 million in revenue over the last decade, emerging as the country’s most profitable club.
In the 2018-19 season, when they reached the UEFA Champions League semi-final, the current Eredivisie leaders recorded €69 million in profit.
Very few teams in Europe have come close to the astronomical figure in a single season.
#1 Bayern Munich – Bundesliga
Bundesliga giants and 2019-20 Champions League winners Bayern Munich sit at the top of our list, having earned €366 million (pre-tax) over the last decade.
Like their European rivals Real Madrid, Bayern also registered a profit in the COVID-hit 2020-21 financial year.
This feat was possible due to their Champions League exploits and unmatched commercial exposure across the globe. Bayern have also brought in an additional €35 million thanks to their UEFA coefficient ranking.
Over the last decade, they have dethroned second-placed Barcelona to sit behind leaders Real Madrid.
The Bavarians spend the most on player salaries in the Bundesliga, but their dominance in the German top-flight more than makes up for it.
Bayern Munich have not lost a single title race since 2012 and are currently on course for their 10th consecutive Bundesliga crown.
