Premier League clubs achieved record revenues for the 2015-16 season but posted overall pre-tax losses, figures released by Deloitte reveal.
Revenues increased to £3.6billion, up £0.2billion from the previous campaign, with Manchester United and Manchester City responsible for more than half of the rise.
United's revenue grew to £515million, which saw them top the Deloitte Football Money League for the first time since 2003-04 as the world's highest revenue-generating club.
The combined operating profits of the 20 clubs remained stable at £0.