Manchester United
Squad · 2026/27 spending-room estimate
Manchester United 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 31 players. The club's accounts-anchored squad cost is £488m.
How this is calculated
sum of 31 rows: wages £219m + amortisation £227m = £445m
club squad cost (accounts-anchored) = £488mWhat 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)£219m · 49%
- Annual transfer-fee cost£227m · 51%
The three most expensive players carry £76m, 17% of the ledger total. Wages are 49% of it; the rest is past transfer spend still being written down.
Reconciliation: the rows account for £219m of the £239m wage line and £227m of the £227m amortisation charge; the residuals (£21m and £0m) are stated below the table, never absorbed.
Median £7m. Estimated wages are shown as ranges in the table.
How this is calculated
mean = £219m / 31 players = £7m
median = £7mMean versus median shows how top-heavy the wage bill is: a mean well above the median means a few contracts dominate.
- under £2m2 players · 6%
- £2m-£5m4 players · 13%
- £5m-£10m (8 estimated)20 players · 65%
- £10m-£15m (1 estimated)3 players · 10%
- £15m+2 players · 6%
Fairly flat: the mean (£7m) sits close to the median (£7m), so the bill is spread across the squad rather than concentrated in a few contracts.
22 of 31 wages are reported gross salaries; 9 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 31 rows = £760m
(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)£560m · 74%
- Apportioned from the club charge (no fee in evidence)£200m · 26%
£25m of book value sits on contracts that end this season, so it either runs off or is re-based by a renewal. No loan-in players are on the ledger.
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.
- 23 · SloveniaModel a sale
- Annual squad cost
- £26m
- Wage
- £10m
- Annual transfer-fee cost
- £16m
- Book value
- £64m
- Contract
- 4 seasons left
- 27 · BrazilModel a sale
- Annual squad cost
- £25m
- Wage
- £9m
- Annual transfer-fee cost
- £16m
- Book value
- £62m
- Contract
- 4 seasons left
- 28 · EnglandModel a sale
- Annual squad cost
- £25m
- Wage
- £16m
- Annual transfer-fee cost
- £9mapportioned
- Book value
- £19m
- Contract
- 2 seasons left
- 21 · EnglandModel a sale
- Annual squad cost
- £24m
- Wage
- £8m
- Annual transfer-fee cost
- £16mapportioned
- Book value
- £82m
- Contract
- 5 seasons left
- 31 · PortugalModel a sale
- Annual squad cost
- £24m
- Wage
- £16m
- Annual transfer-fee cost
- £8mapportioned
- Book value
- £8m
- Contract
- expiring
- 27 · CameroonModel a sale
- Annual squad cost
- £24m
- Wage
- £8m
- Annual transfer-fee cost
- £16m
- Book value
- £63m
- Contract
- 4 seasons left
- 20 · FranceModel a sale
- Annual squad cost
- £23m
- Wage
- £6m
- Annual transfer-fee cost
- £17m
- Book value
- £52m
- Contract
- 3 seasons left
- 22 · CameroonModel a sale
- Annual squad cost
- £23m
- Wage
- £7m-£14mest
- Annual transfer-fee cost
- £13m
- Book value
- £64m
- Contract
- 5 seasons left
- 27 · NetherlandsModel a sale
- Annual squad cost
- £23m
- Wage
- £10m
- Annual transfer-fee cost
- £13m
- Book value
- £38m
- Contract
- 3 seasons left
- 25 · UruguayModel a sale
- Annual squad cost
- £20m
- Wage
- £6m
- Annual transfer-fee cost
- £14m
- Book value
- £42m
- Contract
- 3 seasons left
- 22 · BrazilModel a sale
- Annual squad cost
- £19m
- Wage
- £6m-£12mest
- Annual transfer-fee cost
- £9m
- Book value
- £47m
- Contract
- 5 seasons left
- 25 · NetherlandsModel a sale
- Annual squad cost
- £17m
- Wage
- £5m
- Annual transfer-fee cost
- £12m
- Book value
- £36m
- Contract
- 3 seasons left
- 24 · Cote d'IvoireModel a sale
- Annual squad cost
- £17m
- Wage
- £6m
- Annual transfer-fee cost
- £11mapportioned
- Book value
- £42m
- Contract
- 4 seasons left
- 28 · ArgentinaModel a sale
- Annual squad cost
- £17m
- Wage
- £6m
- Annual transfer-fee cost
- £11mapportioned
- Book value
- £11m
- Contract
- expiring
- 29 · BelgiumModel a sale
- Annual squad cost
- £16m
- Wage
- £6m-£12mest
- Annual transfer-fee cost
- £7m
- Book value
- £34m
- Contract
- 5 seasons left
- 27 · EnglandModel a sale
- Annual squad cost
- £14m
- Wage
- £8m
- Annual transfer-fee cost
- £6mapportioned
- Book value
- £12m
- Contract
- 2 seasons left
- 28 · MoroccoModel a sale
- Annual squad cost
- £13m
- Wage
- £7m
- Annual transfer-fee cost
- £6m
- Book value
- £13m
- Contract
- 2 seasons left
- 27 · PortugalModel a sale
- Annual squad cost
- £11m
- Wage
- £4m
- Annual transfer-fee cost
- £7mapportioned
- Book value
- £14m
- Contract
- 2 seasons left
- 33 · EnglandModel a sale
- Annual squad cost
- £11m
- Wage
- £9m
- Annual transfer-fee cost
- £2mapportioned
- Book value
- £2m
- Contract
- expiring
- 31 · EnglandModel a sale
- Annual squad cost
- £10m
- Wage
- £8m
- Annual transfer-fee cost
- £2mapportioned
- Book value
- £2m
- Contract
- expiring
- 23 · Northern IrelandModel a sale
- Annual squad cost
- £9m
- Wage
- £4m-£9mest
- Annual transfer-fee cost
- £2mapportioned
- Book value
- £4m
- Contract
- 2 seasons left
- 21 · DenmarkModel a sale
- Annual squad cost
- £8m
- Wage
- £2m
- Annual transfer-fee cost
- £6m
- Book value
- £25m
- Contract
- 4 seasons left
- 19 · EnglandModel a sale
- Annual squad cost
- £8m
- Wage
- £4m-£9mest
- Annual transfer-fee cost
- £1mapportioned
- Book value
- £4m
- Contract
- 3 seasons left
- 24 · BelgiumModel a sale
- Annual squad cost
- £8m
- Wage
- £3m
- Annual transfer-fee cost
- £4m
- Book value
- £18m
- Contract
- 4 seasons left
- Annual squad cost
- £7m
- Wage
- £5m-£10mest
- Annual transfer-fee cost
- £0m
- Book value
- £0m
- Contract
- expiring
- 19 · EnglandModel a sale
- Annual squad cost
- £7m
- Wage
- £4m-£9mest
- Annual transfer-fee cost
- £0mapportioned
- Book value
- £0m
- Contract
- expiring
- 19 · ScotlandModel a sale
- Annual squad cost
- £6m
- Wage
- £4m-£8mest
- Annual transfer-fee cost
- £0mapportioned
- Book value
- £0m
- Contract
- expiring
- 35 · WalesModel a sale
- Annual squad cost
- £5m
- Wage
- £3m-£7mest
- Annual transfer-fee cost
- £0mfree/loan
- Book value
- £0m
- Contract
- 2 seasons left
- 40 · EnglandModel a sale
- Annual squad cost
- £2m
- Wage
- £2m
- Annual transfer-fee cost
- £0mapportioned
- Book value
- £0m
- Contract
- expiring
- 19 · EnglandModel a sale
- Annual squad cost
- £2m
- Wage
- £0m
- Annual transfer-fee cost
- £2mapportioned
- Book value
- £2m
- Contract
- expiring
- 19 · EnglandModel a sale
- Annual squad cost
- £2m
- Wage
- £1m
- Annual transfer-fee cost
- £1m
- Book value
- £2m
- Contract
- 3 seasons left
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£21m of wages and £0m of amortisation unallocated
- Player rows (22 reported, 9 estimated)
- £219m
- Player and head-coach wage line (from accounts)
- £239m
- Unallocated: bonuses, employer NI, image rights, head coach
- £21m
- Player rows (15 reported fees, 15 apportioned, 1 free or loan)
- £227m
- Club charge (filed, grown forward)
- £227m
- 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
£760m of book value still to be charged across 29 players. The annual charge falls below half of this season's by 2030/31. This season's £227m is 26 points of the squad-cost ratio.
Contract cliff: what expires, and the wages at stake
36% 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: Tom Heaton, Lisandro Martínez, Harry Maguire, Luke Shaw, Harry Amass, Tyler Fletcher and 3 more · £60m wages (3 estimated), £25m book value
- 2027/28: Karl Darlow, Dermot Mee, Diogo Dalot, Noussair Mazraoui, Mason Mount, Marcus Rashford · £47m wages (2 estimated), £61m book value
- 2028/29: Leny Yoro, Matthijs de Ligt, Ayden Heaven, Manuel Ugarte, Shea Lacey, Joshua Zirkzee · £36m wages (1 estimated), £173m book value
- 2029/30: Senne Lammens, Patrick Dorgu, Bryan Mbeumo, Amad Diallo, Matheus Cunha, Benjamin Sesko · £39m wages, £274m book value
Age profile against cost
Average age 25.4; weighted by cost, 25.4. 5 players aged 30 or over carry £52m (12% of annual cost). 1 without a reported age.
Cost concentration
£76m
£124m
£237m
10 players account for half of the ledger's annual cost. Top three: Benjamin Sesko, Matheus Cunha, Marcus Rashford.
Loan exposure
No player on the ledger is recorded as loaned out this window.
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 Manchester United calculator.