For a second consecutive year, they topped Deloitte’s Money League, released today. The figures are for last season, which ended with another Champions League title for Real Madrid, enabling them to become the first football club to push through €1billion in annual revenue, earning €1.05bn (£884m; $1.08bn).

The Taylor Swift effect and further revenue away from soccer have helped Los Blancos, with the Miami Dolphins' home game later this year only expected to help keep them at the top.

Real Madrid have become one of the most well-run clubs in the world over the last few years, under the stewardship of president Florentino Perez, who recently was confirmed as staying on in the role

Carlo Ancelotti has said Manchester City's elimination from the Champions League would be good news for Real Madrid.

Liverpool maintained their perfect Champions League record to guarantee a top-two finish in the league phase and automatic last-16 qualification with a 2-1 win over Lille at Anfield on Tuesday.

Liverpool is just one of two teams guaranteed a spot in the last-16 of the Champions League heading into the final week of the league phase, with the Reds' path to the final starting to become clearer.