Europe may be mired in a recession and austerity but the continent's biggest soccer clubs (football clubs to those in Europe) are continuing to look recession-proof. Combined income among the top 10 clubs in 2011-2012 rose 10 percent on last year to 4.8 billion euros ($6.5 billion), according to a new report from business advisory firm Deloitte.
Deloitte calculates the total revenue of each club through a combination of match day income, broadcasting and commercial deals. The top six clubs remained the same for the fifth consecutive year, while only one new side broke into the list. English clubs continue to dominate, with teams in the English Premier League comprising seven of the top twenty.
The rankings are based on revenue for the 2011-2012 season in euros. We've converted the figures into dollars based on the current exchange rate.
So which clubs made the top ten? Click ahead to find out.
By James Knight and Bianca Schlotterbeck