Liverpool have climbed four places, leapfrogging Manchester United in the process, as Everton have slipped down a position in the Deloitte Money League.
The Reds overtake their Manchester rivals for the first time in the publication's 26-year history. Meanwhile, the Blues were just one of the two Premier League clubs to fall down the pecking order as figures were published for 2021/22. Liverpool are now third overall in the rankings, with Everton 19th.
At Goodison Park, revenue is reported to have fallen six per cent to £181m from £193.1m last year. Liverpool recorded revenue of £594.3m - a 22 per cent change from the previous year's figure of £487.4m.