A study have named English club, Manchester united as the world’s highest grossing club in the 2015-16.

The study, called Deloitte’s Football Money League, which is in its 20th edition,  annually checks on the finances of the planet’s top clubs.

Last year’s top grossing club, Real Madrid slip to third place, behind great rivals Barcelona, because of Manchester united’s income growth from £395.2 million to £515.3m.

That gives them a significant advantage of over 10 per cent to second-placed Barcelona (£463.8m) and third-placed Madrid, who are less than £100,000 behind their great rivals.

Bayern Munich and Manchester City each move up one spot to complete the top five, with Paris Saint-Germain sliding down to sixth as a result.

Arsenal, Chelsea, Liverpool and Juventus round out the top 10, each unchanged from seventh to 10th respectively.

Two new clubs break into the top 20, with West Ham moving into 18th and Premier League champions Leicester City sneaking in at 20th following their dramatic success last season.

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