Europe's top clubs defy economic gloom


LONDON (Reuters) - Revenue at Europe's 20 leading clubs has increased again despite the economic crisis shaking many countries across the continent, business advisory firm Deloitte said in a report published Thursday.

Spanish clubs Real Madrid and Barcelona maintain the top two slots in Deloitte's Football Money League, followed by Manchester United, Bayern Munich, Arsenal and Chelsea, the report said, based on revenue for the 2010-11 season.

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