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11. Tottenham Hotspur, England

Total Revenue for 2011: £163 million ($243 million)
League: Premier League

Tottenham Hotspur has enjoyed a revival in recent seasons under celebrated English manager Harry Redknapp. Once one of the most successful English soccer clubs, it fell out of favor in the 2000s and a succession of floundering managers meant the team wallowed in the bottom half of the English Premier League.

The club has now leapfrogged Manchester City into 11th place in the Money League, just short of its highest-ever position. Spurs generated record revenue of £163.5 million, which represents a 36 percent increase from the 2009-2010 season. This is primarily due to the club’s inaugural participation in the UEFA Champions League where it reached the quarterfinals, which helped the club increase all three revenue streams.

Spurs now have planning consent for a new stadium and a significant regeneration project in Tottenham. A glance across North London to Arsenal leaves little doubt that increased match-day revenue opportunities arise from a modern stadium development. This, coupled with a continuation of its recent on-pitch form, could secure the team a Money League top ten position on a frequent basis.

Photo: Clive Mason | Getty Images