As a subject matter expert in sports economics, I can provide an informed perspective on which sport generates the most revenue globally.
Soccer, also known as
football outside of the United States, is widely recognized as the highest-earning sport in the world. The sport's popularity is unmatched, with an estimated 4 billion fans worldwide, and it benefits from a vast array of revenue streams including ticket sales, merchandise, broadcasting rights, and sponsorship deals.
The English Premier League, for example, is one of the most lucrative soccer leagues, with teams like Manchester United and FC Barcelona generating hundreds of millions of dollars in revenue each year. Additionally, international tournaments like the FIFA World Cup and the UEFA European Championship draw billions of viewers and generate substantial income through various commercial activities.
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