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Transfer calculator

Can Manchester United afford this transfer?

This link opens with the latest financial snapshot for Manchester United already loaded.

Models the current 2026/27 Premier League season under the squad-cost rules (115% Red Threshold primary). Historical old-PSR season views are on club pages.

Shared scenario · PSRwatch estimate
Manchester United + Rasmus HøjlundBelow Green

Sale at £37m → £371m room to the Red Threshold. Edit the scenario below - every figure is an independent estimate, not an official ruling.

Build a scenario
Standard inputs first. Accounting extras are in advanced mode.

The result reflects this sale - use “Add to scenario” to stack more moves.

Result
Plain-English read on spending room and squad-cost ratio.
Adds spending roomEstimated squad-cost ratio moves 73.1% to 69.4%. PSRwatch estimate.

This scenario would leave Manchester United with approximately £371m of room to the 115% Red Threshold. It would increase remaining spending room by £35m. The estimated squad-cost ratio would fall from 73.1% to 69.4%, leaving them below green.

Post on XDownload card imageThe link unfurls into a card showing this verdict.
Room to Red Threshold (now)
£326m
115% sporting-sanction line
Room to Red Threshold (after)
£371m
still below the Red Threshold
Current Squad Cost Ratio (SCR)
73.1%
of the 115% Red Threshold (Green Threshold 85%)
New Squad Cost Ratio (SCR)
69.4%
of the 115% Red Threshold (Green Threshold 85%)
Room to Green Threshold (now)
£93m
85% levy / allowance line
Room to Green Threshold (after)
£127m
below the Green Threshold
Transfer effect
£35m more room
-3.0 annual squad cost
Status
Below Green
Sporting-sanction risk
None
Applies only above the 115% Red Threshold
Levy / allowance exposure
None
Applies only above the 85% Green Threshold
UEFA effect
£5m
70% UEFA room
Old PSR model
£396m modelled room
Source-backed funded allowance · 2023/24-2025/26 closeout - before undisclosed/private adjustments.
Room before the 115% points-deduction threshold£371m
Room before the 85% levy threshold£127m
Quick what-ifs
Simple toggles for common fan scenarios.
Transfer capacity
A rough translation of annual room into fee capacity before wages.
Current capacity
£464m
Capacity after scenario
£637m

This assumes transfer fees are spread over five-year contracts before wages, agent fees, bonuses and registration timing. It is a translation of room, not a recommended budget.

Breakdown
How each move changes squad cost, revenue and room.
MoveAnnual transfer-fee costAnnual wagesAgent/signing costsAnnual squad-cost changeBook profit/lossRevenue impactRoom effect
Rasmus Højlund£0m-£3m£0m-£3m+£37m+£37m£34m more room

Amortisation spreads a fee across the contract. A £50m signing on a five-year deal is a £10m annual cost before wages and other fees.

Room effect combines squad-cost change and football-income impact. A sale can help twice: lower costs and, if profitable, stronger football income.

Book profit or loss is sale proceeds minus remaining book value and sale costs. Academy sales often have low book value.

Owner equity is shown only for old PSR because the new squad-cost test is linked to football income, not shareholder funding.

Quick answer

A transfer fee is spread over the contract: a £50m fee on a five-year deal adds about £10m a year. Wages count in full each season. Annual squad cost ≈ fee ÷ contract years + wages + a small allowance for agent and bonus costs. The calculator compares that yearly cost with Manchester United's estimated football income - the 85% Green Threshold opens the levy / allowance zone; the 115% Red Threshold is the primary line, where sporting sanctions (points) begin.

Manchester United figures here are independent PSRwatch estimates, not official Premier League calculations. Read how PSRwatch builds its estimates, or the plain-English explainers on how transfer fees are spread over contracts and the Premier League squad-cost rule.

Can Manchester United afford it? Adds spending room | PSRwatch