Singapore: The big five European leagues generated a record €14.7bn (£12.6bn) in revenue in 2016-17, a 9% annual increase, according to new figures from Deloitte.
It says the European football market is now worth some €25.5bn (£21.9bn).
The English Premier League was the market leader, with record revenue of £4.5bn, as each of the 20 clubs set their own annual revenue record.
In revenue terms, the Premier League is 86% larger than its nearest competitor, Spain’s La Liga.
Deloitte said the financial results of the 2016-17 football season reflected a new era of improved profitability and financial stability for European football clubs.