Sports companies, explained.

AC Milan is a seven-time European champion football club owned by RedBird Capital that earns its money from TV rights, sponsors and merchandise, player sales and crowds of over 70,000 at San Siro.

Arsenal is a north London Premier League football club, owned by Stan Kroenke's KSE, that earns money from TV rights, sponsors and retail, and full houses at the 60,704-seat Emirates Stadium.

AS Monaco is a football club from the Principality of Monaco that plays in France's Ligue 1; with a 16,877-seat stadium it relies on TV money (mostly from UEFA competitions), sponsors and selling players it develops.

AS Roma is the capital's football club, owned by the American Friedkin family, that earns its money from TV rights, sponsors and merchandise, player sales and sold-out crowds at the rented Stadio Olimpico, with the owners covering its losses.

Athletic Club is a member-owned football club from Bilbao that fields only players born or trained in the Basque Country, and earns its money from LaLiga TV rights, matches and European competition at San Mamés, and its 43,800 members.

Atlético de Madrid is a Madrid football club, run as a sports company (SAD), that earns its money from competition prize money and tickets, TV rights, sponsors and stadium advertising, and 61,000 season ticket holders at its Riyadh Air Metropolitano.

Bayer 04 Leverkusen is the Bundesliga club of the Bayer group, run since 1999 as a company-owned GmbH that plays at the 30,210-seat BayArena, won its first German title unbeaten in 2024 and earns money from TV and UEFA income, sponsors, fans and player sales.

Borussia Dortmund is the only stock-market-listed Bundesliga club: it earns money from TV rights, sponsorship, tickets for Germany's largest stadium, merchandise and selling players it has developed.

Chelsea is a west London Premier League football club, owned by a consortium led by Clearlake Capital, that earns money from TV rights, sponsors and match days at the roughly 40,000-seat Stamford Bridge.

Eintracht Frankfurt is a Bundesliga club controlled by its 160,000-member association; it earns about €390 million a year, the largest part from selling players it has developed, plus TV money, sponsors and a 60,100-seat stadium.

FC Barcelona is a multi-sport club owned by its 151,787 members that earns most of its money from sponsors and its own merchandise business, then TV rights and the Spotify Camp Nou, which it is rebuilding.

FC Bayern München is Germany's record champion, majority-owned by its 432,500 members; its company earns close to €1 billion a year from matches at the Allianz Arena, sponsors, merchandise, media rights and player sales.

Inter is a Milan football club, controlled by Oaktree funds since 2024, that earns most of its money from TV rights for Serie A and the Champions League, plus sponsors, merchandise and ticket sales at San Siro.

Juventus is a listed Turin football club that earns money from TV and competition prize money, sponsors, its own Allianz Stadium and selling players, and is controlled by the Agnelli family's holding company Exor.

Liverpool FC is a Premier League football club, owned by Fenway Sports Group, that earns its money from sponsorship and retail, broadcasting rights and match days at its 61,276-seat Anfield stadium.

LOSC Lille is a privately owned French football club that makes most of its money from TV rights (especially the Champions League), matchday tickets, sponsors and selling players it has developed.

Manchester City is a Premier League football club that earns money from sponsors, TV rights and matchdays at the Etihad Stadium, and from selling players; it is the flagship of Abu Dhabi-owned City Football Group.

Manchester United runs one of the world's best-known football clubs from Old Trafford and earns money from sponsors and merchandise, Premier League and UEFA broadcasting, and matchday tickets and hospitality.

Olympique de Marseille is the Ligue 1 football club of Marseille, owned by American businessman Frank McCourt since 2016; it fills the 67,000-seat Vélodrome, lives off sponsors, TV money and player sales, and in 1993 became the only French club to win the Champions League before PSG.

Olympique Lyonnais is a French football club, listed on the stock market through its holding company, that earns money from its own 59,000-seat stadium, TV rights, sponsors and merchandise, and relies heavily on developing and selling players.

Paris Saint-Germain is the Ligue 1 football club of Paris, controlled since 2011 by Qatar Sports Investments; it earns most of its money from sponsors and merchandise, TV rights and sold-out matches at the Parc des Princes, and won the Champions League in 2025 and 2026.

RB Leipzig is a Red Bull-backed football club founded in 2009 that rose from the fifth tier to the Bundesliga in seven years, owns the 47,800-capacity Red Bull Arena and earns money from match operations (tickets, sponsorship, media rights) and from selling players it has developed.

Real Betis is a Seville football club, a widely held sports company since 1992, that earns most of its money from LaLiga TV rights, sponsors and more than 50,000 season-ticket members, and relies on selling players to turn a profit.

Real Madrid is a member-owned football and basketball club that reports the highest revenue of any sports club, earned mostly from sponsorship and merchandise and from its rebuilt Santiago Bernabéu stadium, with TV and competition money third.

SSC Napoli is the Serie A football club of Naples, owned by film producer Aurelio De Laurentiis through Filmauro; it earns from Serie A and UEFA TV money, sponsors, merchandise and tickets at the Stadio Diego Armando Maradona, and relies heavily on selling players at a profit.

Tottenham Hotspur is a north London Premier League football club, majority-owned by ENIC, that earns money from sponsors, TV rights and matchdays, and uses its 62,850-seat stadium for concerts, NFL games and other events.

UEFA governs European football and runs leading club and national team competitions.