Nottingham Forest finances: questions and answers What is Nottingham Forest's wage bill? Nottingham Forest's wage bill is £67.24m (estimated). Source: Capology via FBref / Planet Football, dated 2025-08.
What is Nottingham Forest's revenue? Nottingham Forest's revenue is £222m. Source: The Swiss Ramble — Nottingham Forest Finances 2024/25 (club accounts), dated 2025-06-30.
What is Nottingham Forest's net debt? Nottingham Forest's net debt is £85.58m. Source: Nottingham Forest Football Club Limited — accounts YE 30 June 2025 (Companies House 01630402), note 31 Analysis of changes in net debt, dated 2025-06-30.
What is Nottingham Forest's Footy Cap health grade? Nottingham Forest has a Footy Cap health grade of C (56.7 out of 100), built from cited revenue, net debt, wages and player trading.
Nottingham Forest
Premier League
Cited Premier League PSR ceiling £105m. Transfermarkt window figures on the desk.
Stadium: City Ground (31,212). Health grade C. Net debt £85.6m (2025).
Read methods .
Nottingham Forest key figures Revenue: £222m. Source: The Swiss Ramble — Nottingham Forest Finances 2024/25 (club accounts) , dated 2025-06-30. More Wage bill: £67.24m (estimated). Source: Capology via FBref / Planet Football , dated 2025-08. More Net debt: £85.58m. Source: Nottingham Forest Football Club Limited — accounts YE 30 June 2025 (Companies House 01630402), note 31 Analysis of changes in net debt , dated 2025-06-30. More Transfer fees paid, 2025/26: €241.83m. Source: Transfermarkt , dated 2026-08-25. More Transfer fees received, 2025/26: €130.4m. Source: Transfermarkt , dated 2026-08-25. More Profit on player sales: £7m. Source: Swiss Ramble quoting Nottingham Forest 2024/25 accounts , dated 2025-06-30. More Net transfer spend, 2023-24 to 2025-26: €179.04m. Source: Transfermarkt (sum of three seasons). More On our four-part scorecard Nottingham Forest comes out at C, 56.7 out of 100: around the middle of the pack financially. How the grade is built Big signings: yearly cost Clubs spread a transfer fee over the player's contract. Estimated yearly amortization = fee ÷ contract years, before wages. Display only; not used in the health grade.
Omari Hutchinson from Ipswich Town (2025): £37.5m fee (BBC Sport ); five-year contract (BBC Sport ). Estimated yearly amortization: £7.5m. Dan Ndoye from Bologna (2025): £34m reported deal value (Sky Sports ); five-year contract (Sky Sports ). Estimated yearly amortization: £6.8m. Full yearly-cost ranking
See the full breakdown Nottingham Forest: Health grade · Finances · Squad & wages · Transfers · Sources
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