The rest of the top 10 is dominated by Premier League clubs, with Liverpool leading the English contingent for the first time. Pep Guardiola’s City fell from second to sixth after an early exit from the Champions League and a third-placed Premier League finish following four consecutive titles. United dropped behind Arsenal to eighth after missing out on the Champions League and finishing 15th in the Premier League. Arsenal were the highest-earning women’s team for the first time after winning the Champions League. The Gunners, with revenues of 25.6 million euros, edged out London rivals Chelsea and Barcelona.

Source: Punch January 22, 2026 11:44 UTC