La Liga giants FC Barcelona have taken the top spot in the Deloitte Football Money League ahead of arch-rivals Real Madrid.
Champions League winners Bayern Munich are third while English Premier League (EPL) giants Manchester United are at the fourth spot.
Former EPL champions Liverpool, who are at the fifth spot, have much to celebrate as they have managed to enter the top five for the first time two decades.
The Deloitte Football Money League lists the revenue-generating performances of top European clubs.
Overall, the top 20 clubs saw a revenue decline of 12 percent during the disrupted 2019-20 season as compared to the 2018-19 season. This is mainly due to a drop in broadcast revenue and a massive fall in matchday revenue.