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Updated 21 Jun, 22:04
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Coventry City

2026/27 spending-room dashboard

Quick read

Coventry City are estimated to be comfortably below the Premier League limit.

They have around £21m of remaining room before the Premier League limit.

No confirmed first-team transfers yet.

Old PSR is still worth watching in the 2023/24-2025/26 closeout window.

Current position

Estimated squad cost
£94m

Wages, annual transfer-fee costs and other squad-cost items.

Football incomei
£136m

Forecast income used for the squad-cost ratio.

Squad Cost Ratioi
69.6%

85% Premier League limit, 115% severe marker.

Room before the limiti
£21m

Annual squad-cost room before the Premier League limit.

Distance to red zone
£61m

Distance from the severe 115% marker.

Transfer capacity
£21m

Equivalent to roughly £104m of five-year fees before wages.

Transfers this summeri
+0.0pp

No confirmed first-team transfers yet.

Player wages
£75m
Annual transfer-fee amortisation
£16m
Agent, signing, loan and bonus estimates
£4m
Other squad-related costs
£0m
Squad cost
£94m
Football revenue base
£136m
Squad Cost Ratio
69.6%
85% capacity
£115m
Room to threshold
£21m

Transfer effects

This table translates transfer activity into spending-room impact. A transfer fee is normally spread across the player's contract as an annual transfer-fee cost. Wages, signing fees, agent fees, loans and sales then change the live squad-cost position.

Player / itemMoveFrom / ToFeeContractWage estimateiAnnual transfer-fee costiBook profit/lossSCR movementSource
Current squad cost baselineBaselineCarried from committed 2026/27 model£0mSale/no fee spread£75m£16m£0m+0.0ppCommitted aggregate transfer model

Squad cost detail

Where player-level contract data is not available, PSRwatch shows squad cohorts from wage and player-registration cost totals rather than presenting guessed individual contracts as fact.

Player / cohortPositionContract endCapitalised costWage estimateAnnual transfer-fee costiBook valueiAnnual squad costSource
Senior squad: GoalkeepersGK2029-06-30£4m£6m£1m£3m£7mPSRwatch cohort estimate from wage ledger and accounts player-registration amortisation totals.
Senior squad: DefendersDEF2029-06-30£16m£24m£5m£10m£29mPSRwatch cohort estimate from wage ledger and accounts player-registration amortisation totals.
Senior squad: MidfieldersMID2029-06-30£15m£22m£5m£10m£27mPSRwatch cohort estimate from wage ledger and accounts player-registration amortisation totals.
Senior squad: ForwardsFWD2029-06-30£15m£22m£5m£10m£27mPSRwatch cohort estimate from wage ledger and accounts player-registration amortisation totals.

Football income

Squad Cost Ratio depends on football income, so PSRwatch starts from latest filed accounts and then estimates the live 2026/27 income base.

Latest actual revenue
£34m

2024/25

Football incomei
£136m

£127m low / £144m high

Player trading
£0m

Included only where estimated for the football-income calculation.

Latest actual revenue
£34m
Matchday forecast
£24m
Broadcasting forecast
£64m
Commercial forecast
£47m
UEFA forecast
£0m
Player trading contribution
£0m
Football revenue base
£136m

Latest filed revenue baseline: 2024/25.

Central forecast starts from the committed club model and splits revenue into matchday, broadcasting, commercial, UEFA and player-trading components.

Premier League participation is included in the broadcasting and commercial mix.

No UEFA revenue is included unless the club is flagged for Europe.

Low/high range is a deterministic +/-6% sensitivity around the central revenue base.

Old PSR: 2023/24-2025/26

Old PSR is the old three-year loss-based framework. It remains relevant for historic compliance and final closeout, but it is no longer the main live operating view for 2026/27 squad-building.

3-year adjusted result
(£9m)

2023/24, 2024/25, 2025/26

Base loss allowance
£15m

GBP 5m per known PL/EFL season.

Equity applied
£0m

Available £0m; cap £24m.

Old PSR headroomi
£6m

Watch closeout

Maximum allowable loss
£15m

Funded allowance available for this cycle.

Funding shortfall
£0m

Shortfall to support losses above baseline if needed.

Leagues
EFL / EFL / EFL

League mix drives PL/EFL loss cap.

3-year PSR adjusted PBT
(£9m)
Adjusted PSR loss
£9m
Base loss allowance
£15m
Equity/secure funding available
£0m
Equity cap
£24m
Equity applied to current loss
£0m
Maximum funded allowable loss
£15m
Legacy PSR headroom
£6m
Legacy PSR headroom as pct of allowance
37.2%

UEFA rules

Not currently flagged for UEFA exposure.

UEFA statusi
N/A

Not currently flagged for UEFA rules.

UEFA ratio
N/A

No UEFA SCR calculation applied.

Owner funding

Owner funding can affect financial resilience and, under the old PSR framework, support permitted losses. It does not automatically create new squad-cost room under the revenue-linked SCR model.

Funding available
£0m

2023/24, 2024/25, 2025/26

Applied to old PSR
£0m

Cycle cap £24m.

Affects old PSR
Yes

Can support the old funded loss allowance.

Affects SCR capacity
No

SCR is revenue-linked, so owner funding is not automatic capacity.

No equity filing is counted for this cycle in the current source log, so only the base allowance is treated as funded.

Methodology and sources

Premier League SCR is estimated as squad costs divided by football revenue base. The live threshold used here is 85%, with a 115% red-zone marker.

Squad costs include player wages, annual transfer-fee amortisation, and modelled agent, signing, loan and bonus costs.

Transfer fees are spread across contract life as amortisation. Sales compare proceeds with remaining book value to estimate book profit or loss.

Revenue forecasts start from the latest filed accounts and committed club model, then split the 2026/27 football revenue base into matchday, broadcasting, commercial, UEFA and player-trading lines.

Old PSR is retained only as a 2023/24-2025/26 closeout layer. Owner funding can support the old loss allowance when available and capped, but it does not create new SCR revenue capacity.

Each public snapshot is generated from PSRwatch-owned JSON files after validation, with the last good snapshot kept if an upstream refresh fails.

Coventry City latest accounts model (2024/25) - Accounts values are parsed from Companies House filings where available, then normalised into the committed full model.

PSRwatch 2026/27 SCR forecast model - Forecast uses committed revenue, wage, amortisation and transfer assumptions with deterministic rule calculations.

Glossary

Squad Cost Ratio
Squad costs divided by football revenue base.
Football revenue base
Forecast matchday, broadcasting, commercial, UEFA and relevant player-trading income used as the SCR denominator.
Room before limit
Annual squad-cost capacity before the Premier League SCR threshold is reached.
Red zone
The 115% squad-cost marker used here as a severe pressure threshold.
UEFA exposure
Separate squad-cost pressure for clubs in European competition, shown against a 70% threshold.
Legacy PSR
The old three-year loss-based regime, retained as a closeout layer for 2023/24-2025/26.
Owner equity / secure funding
Funding that can support legacy PSR loss allowance when available and capped, but does not automatically add SCR capacity.
Transfer amortisation
Capitalised transfer cost spread across the player's contract.
Book value
Unamortised capitalised player cost remaining on the balance sheet.
Book profit/loss
Sale proceeds less remaining book value and sale costs.
Academy sale
Sale of a club-developed player, often carrying low book value and high book profit.
Free transfer
A transfer with no fee, though wages, signing fee and agent fee can still affect squad cost.
Loan fee
Temporary fee or wage contribution linked to a loan move.
Transfer effect
Change in annual squad-cost room caused by transfer activity.
Spendable capacity
Annual squad-cost room converted into a football-language estimate, not a recommendation or exact budget.
PSRwatch is independent. Figures are unofficial estimates from public filings, committed source data and model assumptions. They are not endorsed by the Premier League, EFL, UEFA or any club.