Fulham
Squad · 2026/27 spending-room estimate
Fulham squad, player by player
Per-player wages are gross fixed salaries from public sources, or a labelled estimate where no salary is published. Fees are reported transfer fees where one is in evidence. This table is a decomposition: the squad-cost estimate on the Briefing stays anchored to the club's own accounts, and the difference is stated here rather than hidden.
Ledger total for 27 players. The club's accounts-anchored squad cost is £222m.
How this is calculated
sum of 27 rows: wages £91m + amortisation £71m = £162m
club squad cost (accounts-anchored) = £222mWhat the named players cost in a year on the ledger's own figures. The club's squad-cost test uses the accounts-anchored figure, which this table decomposes rather than replaces.
- Wages (reported salaries plus bounded estimates)£91m · 56%
- Annual transfer-fee cost£71m · 44%
The three most expensive players carry £38m, 24% of the ledger total. Wages are 56% of it; the rest is past transfer spend still being written down.
Reconciliation: the rows account for £91m of the £140m wage line and £71m of the £71m amortisation charge; the residuals (£49m and £0m) are stated below the table, never absorbed.
Median £3m. Estimated wages are shown as ranges in the table.
How this is calculated
mean = £91m / 27 players = £3m
median = £3mMean versus median shows how top-heavy the wage bill is: a mean well above the median means a few contracts dominate.
- under £2m4 players · 15%
- £2m-£5m (7 estimated)21 players · 78%
- £5m-£10m (1 estimated)2 players · 7%
- £10m-£15m0 players · 0%
- £15m+0 players · 0%
Fairly flat: the mean (£3m) sits close to the median (£3m), so the bill is spread across the squad rather than concentrated in a few contracts.
19 of 27 wages are reported gross salaries; 8 are bounded PSRwatch estimates shown as ranges. None is an official figure.
Unamortised transfer cost still on the books. This is not what the squad is worth.
How this is calculated
sum of remaining book value across 27 rows = £249m
(annual charge x seasons left, per player)This is not what the squad is worth. Book value is the part of past transfer fees not yet written down; a sale above it is book profit, below it a loss.
- From reported fees (accounting run-off)£223m · 89%
- Apportioned from the club charge (no fee in evidence)£26m · 11%
£4m of book value sits on contracts that end this season, so it either runs off or is re-based by a renewal. 1 loan-in player carry no book value here; the parent club keeps amortising.
Book value on players whose fee is not in evidence is an apportionment of the club's filed charge, labelled MODELLED in the table. Loans do not pause amortisation for the club that owns the registration.
- 30 · DenmarkModel a sale
- Annual squad cost
- £13m
- Wage
- £5m
- Annual transfer-fee cost
- £8m
- Book value
- £25m
- Contract
- 3 seasons left
- 22 · SpainModel a sale
- Annual squad cost
- £13m
- Wage
- £4m-£7mest
- Annual transfer-fee cost
- £7m
- Book value
- £34m
- Contract
- 5 seasons left
- 26 · EnglandModel a sale
- Annual squad cost
- £13m
- Wage
- £4m
- Annual transfer-fee cost
- £9m
- Book value
- £27m
- Contract
- 3 seasons left
- KevinLW23 · BrazilModel a sale
- Annual squad cost
- £11m
- Wage
- £3m
- Annual transfer-fee cost
- £8m
- Book value
- £34m
- Contract
- 4 seasons left
- 28 · NorwayModel a sale
- Annual squad cost
- £9m
- Wage
- £3m
- Annual transfer-fee cost
- £7m
- Book value
- £20m
- Contract
- 3 seasons left
- 22 · Northern IrelandModel a sale
- Annual squad cost
- £9m
- Wage
- £3m-£6mest
- Annual transfer-fee cost
- £5m
- Book value
- £26m
- Contract
- 5 seasons left
- 23 · NorwayModel a sale
- Annual squad cost
- £9m
- Wage
- £3m
- Annual transfer-fee cost
- £5m
- Book value
- £26m
- Contract
- 5 seasons left
- 34 · GermanyModel a sale
- Annual squad cost
- £7m
- Wage
- £7m
- Annual transfer-fee cost
- £0mapportioned
- Book value
- £0m
- Contract
- expiring
- 25 · AustriaModel a sale
- Annual squad cost
- £7m
- Wage
- £3m-£6mest
- Annual transfer-fee cost
- £3m
- Book value
- £10m
- Contract
- 4 seasons left
- 21 · SpainModel a sale
- Annual squad cost
- £6m
- Wage
- £3m-£6mest
- Annual transfer-fee cost
- £2m
- Book value
- £8m
- Contract
- 5 seasons left
- 30 · NigeriaModel a sale
- Annual squad cost
- £6m
- Wage
- £4m
- Annual transfer-fee cost
- £2mapportioned
- Book value
- £3m
- Contract
- 2 seasons left
- 19 · SwedenModel a sale
- Annual squad cost
- £5m
- Wage
- £3m-£6mest
- Annual transfer-fee cost
- £1m
- Book value
- £5m
- Contract
- 5 seasons left
- 29 · United StatesModel a sale
- Annual squad cost
- £5m
- Wage
- £3m
- Annual transfer-fee cost
- £2mapportioned
- Book value
- £4m
- Contract
- 2 seasons left
- 25 · BrazilModel a sale
- Annual squad cost
- £5m
- Wage
- £3m
- Annual transfer-fee cost
- £2mapportioned
- Book value
- £7m
- Contract
- 4 seasons left
- 22 · SpainModel a sale
- Annual squad cost
- £5m
- Wage
- £2m-£5mest
- Annual transfer-fee cost
- £1m
- Book value
- £3m
- Contract
- 3 seasons left
- 26 · NigeriaModel a sale
- Annual squad cost
- £5m
- Wage
- £2m
- Annual transfer-fee cost
- £2mapportioned
- Book value
- £2m
- Contract
- expiring
- 22 · United StatesModel a sale
- Annual squad cost
- £5m
- Wage
- £3m-£6mest
- Annual transfer-fee cost
- £0mapportioned
- Book value
- £0m
- Contract
- expiring
- 26 · SpainModel a sale
- Annual squad cost
- £4m
- Wage
- £1m
- Annual transfer-fee cost
- £3m
- Book value
- £6m
- Contract
- 2 seasons left
- 30 · NetherlandsModel a sale
- Annual squad cost
- £4m
- Wage
- £3m
- Annual transfer-fee cost
- £1mapportioned
- Book value
- £1m
- Contract
- 2 seasons left
- 30 · BelgiumModel a sale
- Annual squad cost
- £4m
- Wage
- £3m
- Annual transfer-fee cost
- £1mapportioned
- Book value
- £1m
- Contract
- expiring
- 20 · CanadaModel a sale
- Annual squad cost
- £4m
- Wage
- £2m-£5mest
- Annual transfer-fee cost
- £0mapportioned
- Book value
- £1m
- Contract
- 3 seasons left
- 19 · EnglandModel a sale
- Annual squad cost
- £3m
- Wage
- £1m
- Annual transfer-fee cost
- £2mapportioned
- Book value
- £6m
- Contract
- 3 seasons left
- 31 · EnglandModel a sale
- Annual squad cost
- £3m
- Wage
- £3m
- Annual transfer-fee cost
- £0mapportioned
- Book value
- £0m
- Contract
- expiring
- 26 · EnglandModel a sale
- Annual squad cost
- £3m
- Wage
- £3m
- Annual transfer-fee cost
- £0mfree/loan
- Book value
- £0m
- Contract
- expiring
- 22 · Sweden
- Annual squad cost
- £2m
- Wage
- £2m
- Annual transfer-fee cost
- £0mfree/loan
- Book value
- £0m
- Contract
- expiring
- 35 · FranceModel a sale
- Annual squad cost
- £2m
- Wage
- £2m
- Annual transfer-fee cost
- £0m
- Book value
- £0m
- Contract
- expiring
- 35 · ScotlandModel a sale
- Annual squad cost
- £2m
- Wage
- £2m
- Annual transfer-fee cost
- £0mapportioned
- Book value
- £0m
- Contract
- expiring
Wage labels: reported salaries are gross fixed pay from a public source; estimated wages are bounded PSRwatch ranges capped at the club's highest reported salary. Apportioned amortisation is a share of the club's filed charge, not a reported fee.
Reconciliation to the accounts£49m of wages and £0m of amortisation unallocated
- Player rows (19 reported, 8 estimated)
- £91m
- Player and head-coach wage line (from accounts)
- £140m
- Unallocated: bonuses, employer NI, image rights, head coach
- £49m
- Player rows (13 reported fees, 12 apportioned, 2 free or loan)
- £71m
- Club charge (filed, grown forward)
- £71m
- Unallocated
- £0m
The club totals come from the accounts; this table never replaces them. The squad-cost test on the Compliance tab uses the club figures.
Squad analysis
Amortisation wall: when past transfer fees stop being charged
£249m of book value still to be charged across 25 players. The annual charge falls below half of this season's by 2029/30. This season's £71m is 27 points of the squad-cost ratio.
Contract cliff: what expires, and the wages at stake
31% of the ledger's annual cost sits on contracts ending within two seasons. Expiring wages either fall away or must be renewed; expiring book value runs off by then.
- 2026/27: Bernd Leno, Benjamin Lecomte, Alex Borto, Calvin Bassey, Ryan Sessegnon, Timothy Castagne and 3 more · £28m wages (1 estimated), £4m book value
- 2027/28: Jorge Cuenca, Antonee Robinson, Kenny Tete, Alex Iwobi · £12m wages, £14m book value
- 2028/29: Joachim Andersen, Luc De Fougerolles, Sander Berge, Manuel Ángel, Josh King, Emile Smith Rowe · £19m wages (2 estimated), £82m book value
- 2029/30: David Affengruber, Kevin, Rodrigo Muniz · £10m wages (1 estimated), £50m book value
Age profile against cost
Average age 26; weighted by cost, 25.6. 8 players aged 30 or over carry £41m (25% of annual cost).
Cost concentration
£38m
£59m
£97m
8 players account for half of the ledger's annual cost. Top three: Joachim Andersen, Gonzalo García, Emile Smith Rowe.
Loan exposure
No player on the ledger is recorded as loaned out this window.
1 player borrowed this season carry £2m of wages here and no book value; the parent club keeps amortising the registration.
- In: Hugo Larsson from Eintracht Frankfurt · £2m wages
Every player links to a page with the full financial story (contract, wages, amortisation run-off, book value, transfer history). See the whole league on the players table. Want to test a sale or a signing against these numbers? Open the Fulham calculator.