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Real Madrid make a staggering €190m from their jerseys alone, according to Football Benchmark.
Real Madrid receives €120m from kit manufacturers Adidas yearly and another €70m from shirt sponsors Emirates.
Barcelona are the only club that comes close to Real Madrid in terms of earning from their jerseys. The Catalans receive €105m from shirt manufacturers Nike and another €70m from kit sponsors Spotify.
PSG (€150m), Arsenal (€146m) and Manchester United (€143m) complete the top five.
Clubs like Real Madrid also make humongous revenue from jersey sales at their official store in Madrid.
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