Arsenal's investment in the Emirates Stadium has started to pay dividends as they overtook Chelsea in the 'rich list' of European clubs, while Manchester United have dropped to third place behind Real Madrid and Barcelona.
The Deloitte Football Money League, based on clubs' revenue excluding transfer fees, sees the two Spanish clubs secure the top spots but mainly due to the continuing decline of the pound against the euro.
The most notable change in the list sees Arsenal leapfrog Chelsea with the Gunners recording a 7% rise in revenue to £224million compared to their London rivals' £206million - a 3% fall in revenue.
Real Madrid has topped the 'rich list' for the last five years but Barcelona's unprecedented success last season where they won five trophies has seen them overtake Manchester United despite a 9% rise in income at Old Trafford.
Can we use some of this profit to buy some players then?
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