2014 was a glorious year for Real Madrid as they won the Copa Del Rey, their 10th Champions League title - La Décima, the World Club Championship and then celebrated Cristiano Ronaldo winning the 2014 Ballon d'Or Award.
To round off a superb year they have again for the 10th year running topped the football rich list for revenues during the 2013-14 season.
However, they were closely followed by Manchester United who have become the second club since Real Madrid in the 2012 report to have broken past the £500 million barrier.
The biggest risers in the top 10 was Liverpool who rose three places to 9th after they missed out on the top 10 for the first time in the 2013 report. The Anfield club's return as well as new entrants Everton (20th) and Newcastle United (19th) means the Premier League was represented by eight clubs in the top 20 - four money than the next best league (Serie A). La Liga and the Bundesliga were represented by three clubs.
Overall, Atletico Madrid made the biggest jump in the top 20 as they rose five places to 15th.
Check the top 10 below:
• 1. Real Madrid: 549.5m (518.9m)
• 2. Man Utd: 518m (423.8m)
• 3. Bayern Munich: 487.5m (431.2m)
• 4. Barcelona: 484.6m (482.6m)
• 5. Paris Saint Germain; 474.2m (398.8m)
• 6. Manchester City: 414.4m (316.2m)
• 7. Chelsea: 387.9m (303.4m)
• 8. Arsenal: 359.3m (284.3)
• 9. Liverpool: 305.9m (240.6m)
• 10. Juventus: 279.4m (272.4m)
Check out the full report in the attached document: