Arsenal Women have topped the Deloitte Football Money League for the first time, generating €25.6 million in revenue. Chelsea finished a close second with €25.4 million. The report shows the top 15 women's clubs collectively earned over €150 million, a 35% increase from the previous year, reflecting the sport's rapid commercial growth.

Arsenal's surge was driven by a 43% revenue increase, fueled by record matchday income from five crowds over 35,000 at the Emirates. The WSL's dominance continues, with clubs from England filling most top spots. However, broadcast revenue saw a slight decline, highlighting a reliance on commercial and matchday income for growth.

Barcelona secured third place with €22 million, while Manchester City and Bayern Munich saw significant jumps due to European competition. The data excludes leagues like Australia's W-League and the NWSL due to unavailable figures, leaving a partial picture of the global market but confirming Europe's current financial lead.