{"label":"Past-season grades: same curves, weights and bands as the live grade, from cited inputs for that season only (3 of 4 parts minimum). Current grade is the live one, unchanged.","clubs":{"atlanta-united":[{"season":"2022-23","grade":"A","score":85.4,"components":{"revenue":{"score":74,"leaguePct":93,"overallPct":45,"leagueN":29},"wages":{"score":98,"ratio":0.156},"trading":{"score":78,"avgNetSpendToRevenue":0.074,"seasons":["2020-21","2021-22","2022-23"]}},"missing":["debt"],"inputs":{"revenue":{"value":123000000.0,"currency":"USD","usd":123000000.0,"confidence":"estimated","season":"2022-23","asOf":"2024-01-24","source":"Sportico MLS Team Valuations 2024 (Kurt Badenhausen, 24 Jan 2024) — Atlanta United team revenue","url":"https://www.sportico.com/valuations/teams/2024/mls-team-values-messi-average-700-million-1234763902/"},"wages":{"value":19227184.0,"currency":"USD","usd":19227184.0,"confidence":"estimated","season":"2022-23","asOf":"2023-10-18","source":"MLSPA via KC Soccer Journal (final 2023 salary guide)","url":"https://kcsoccerjournal.com/10/18/2023/final-2023-mls-salaries-released-miami-messi-alba-insgine-vela-pukki/"},"netTransfers":[{"value":3300000.0,"currency":"EUR","usd":3848459.9999999995,"confidence":"reported","season":"2020-21","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2020&saison_id_bis=2020&art=0"},{"value":20290000.0,"currency":"EUR","usd":23662198.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":1490000.0,"currency":"EUR","usd":1737638.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2023-24","grade":"A","score":90.0,"components":{"revenue":{"score":75,"leaguePct":93,"overallPct":48,"leagueN":29},"wages":{"score":100,"ratio":0.127},"trading":{"score":90,"avgNetSpendToRevenue":0.035,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":131000000.0,"currency":"USD","usd":131000000.0,"confidence":"estimated","season":"2023-24","asOf":"2025-01-30","source":"Sportico MLS Team Values 2025 (Kurt Badenhausen, 30 Jan 2025) — Atlanta United team revenue","url":"https://www.sportico.com/valuations/teams/2025/mls-team-values-2025-lafc-inter-miami-1234825738/"},"wages":{"value":16663279.0,"currency":"USD","usd":16663279.0,"confidence":"estimated","season":"2023-24","asOf":"2024-04-25","source":"MLSPA via Associated Press (2024 guaranteed compensation)","url":"https://apnews.com/2024-major-league-soccer-payrolls-list-af5b2cab2b6cf0fa46d4cccb6218c02f"},"netTransfers":[{"value":20290000.0,"currency":"EUR","usd":23662198.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":1490000.0,"currency":"EUR","usd":1737638.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-8720000.0,"currency":"EUR","usd":-10169264.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"Better net transfer spend vs revenue: 78 to 90 of 100 (avg 7% to 4% of revenue)."},{"season":"2024-25","grade":"B","score":79.4,"components":{"revenue":{"score":79,"leaguePct":90,"overallPct":63,"leagueN":30},"wages":{"score":66,"ratio":0.263},"trading":{"score":100,"avgNetSpendToRevenue":-0.046,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":105000000.0,"currency":"USD","usd":105000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes Soccer Team Valuations — Atlanta United FC team page (MLS 2026 valuations cycle; Justin Birnbaum)","url":"https://www.forbes.com/teams/atlanta-united-fc/"},"wages":{"value":27627164.0,"currency":"USD","usd":27627164.0,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":1490000.0,"currency":"EUR","usd":1737638.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-8720000.0,"currency":"EUR","usd":-10169264.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-4930000.0,"currency":"EUR","usd":-5749366.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Worse wages vs revenue: 100 to 66 of 100 (ratio 13% to 26%)."},{"season":"current","grade":"B","score":79.9,"components":{"revenue":{"score":82},"wages":{"score":65},"trading":{"score":100}},"missing":["Debt load"],"live":true,"reason":"Better revenue scale: 79 to 82 of 100."}],"austin-fc":[{"season":"2022-23","grade":"B","score":73.9,"components":{"revenue":{"score":68,"leaguePct":86,"overallPct":41,"leagueN":29},"wages":{"score":81,"ratio":0.213},"trading":{"score":69,"avgNetSpendToRevenue":0.104,"seasons":["2020-21","2021-22","2022-23"]}},"missing":["debt"],"inputs":{"revenue":{"value":90000000.0,"currency":"USD","usd":90000000.0,"confidence":"estimated","season":"2022-23","asOf":"2024-01-24","source":"Sportico MLS Team Valuations 2024 (Kurt Badenhausen, 24 Jan 2024) — Austin FC team revenue","url":"https://www.sportico.com/valuations/teams/2024/mls-team-values-messi-average-700-million-1234763902/"},"wages":{"value":19166376.0,"currency":"USD","usd":19166376.0,"confidence":"estimated","season":"2022-23","asOf":"2023-10-18","source":"MLSPA via KC Soccer Journal (final 2023 salary guide)","url":"https://kcsoccerjournal.com/10/18/2023/final-2023-mls-salaries-released-miami-messi-alba-insgine-vela-pukki/"},"netTransfers":[{"value":9135000.0,"currency":"EUR","usd":10653237.0,"confidence":"reported","season":"2020-21","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2020&saison_id_bis=2020&art=0"},{"value":10950000.0,"currency":"EUR","usd":12769890.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":5630000.0,"currency":"EUR","usd":6565706.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2023-24","grade":"B","score":79.1,"components":{"revenue":{"score":69,"leaguePct":86,"overallPct":45,"leagueN":29},"wages":{"score":84,"ratio":0.205},"trading":{"score":82,"avgNetSpendToRevenue":0.061,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":90000000.0,"currency":"USD","usd":90000000.0,"confidence":"estimated","season":"2023-24","asOf":"2025-02-21","source":"Forbes MLS Team Valuations 2025 (revenue estimate, 2024 MLS season)","url":"https://www.forbes.com/sites/justinbirnbaum/2025/02/21/the-most-valuable-mls-teams-2025/"},"wages":{"value":18408831.0,"currency":"USD","usd":18408831.0,"confidence":"estimated","season":"2023-24","asOf":"2024-04-25","source":"MLSPA via Associated Press (2024 guaranteed compensation)","url":"https://apnews.com/2024-major-league-soccer-payrolls-list-af5b2cab2b6cf0fa46d4cccb6218c02f"},"netTransfers":[{"value":10950000.0,"currency":"EUR","usd":12769890.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":5630000.0,"currency":"EUR","usd":6565706.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-767000.0,"currency":"EUR","usd":-894475.3999999999,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"Better net transfer spend vs revenue: 69 to 82 of 100 (avg 10% to 6% of revenue)."},{"season":"2024-25","grade":"A","score":81.1,"components":{"revenue":{"score":74,"leaguePct":83,"overallPct":61,"leagueN":30},"wages":{"score":96,"ratio":0.163},"trading":{"score":66,"avgNetSpendToRevenue":0.118,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":94000000.0,"currency":"USD","usd":94000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes Soccer Team Valuations — Austin FC team page (MLS 2026 valuations cycle; Justin Birnbaum)","url":"https://www.forbes.com/teams/austin-fc/"},"wages":{"value":15331947.0,"currency":"USD","usd":15331947.0,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":5630000.0,"currency":"EUR","usd":6565706.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-767000.0,"currency":"EUR","usd":-894475.3999999999,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":23120000.0,"currency":"EUR","usd":26962544.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better wages vs revenue: 84 to 96 of 100 (ratio 20% to 16%)."},{"season":"current","grade":"B","score":75.7,"components":{"revenue":{"score":77},"wages":{"score":82},"trading":{"score":65}},"missing":["Debt load"],"live":true,"reason":"Worse wages vs revenue: 96 to 82 of 100."}],"charlotte-fc":[{"season":"2023-24","grade":"A","score":80.4,"components":{"revenue":{"score":67,"leaguePct":82,"overallPct":43,"leagueN":29},"wages":{"score":95,"ratio":0.167},"trading":{"score":72,"avgNetSpendToRevenue":0.094,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":87000000.0,"currency":"USD","usd":87000000.0,"confidence":"estimated","season":"2023-24","asOf":"2025-01-30","source":"Sportico MLS Team Values 2025 (Kurt Badenhausen, 30 Jan 2025) — Charlotte FC team revenue","url":"https://www.sportico.com/valuations/teams/2025/mls-team-values-2025-lafc-inter-miami-1234825738/"},"wages":{"value":14529129.0,"currency":"USD","usd":14529129.0,"confidence":"estimated","season":"2023-24","asOf":"2024-04-25","source":"MLSPA via Associated Press (2024 guaranteed compensation)","url":"https://apnews.com/2024-major-league-soccer-payrolls-list-af5b2cab2b6cf0fa46d4cccb6218c02f"},"netTransfers":[{"value":13080000.0,"currency":"EUR","usd":15253895.999999998,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":5820000.0,"currency":"EUR","usd":6787284.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":4700000.0,"currency":"EUR","usd":5481140.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2024-25","grade":"B","score":78.1,"components":{"revenue":{"score":64,"leaguePct":69,"overallPct":57,"leagueN":30},"wages":{"score":85,"ratio":0.202},"trading":{"score":82,"avgNetSpendToRevenue":0.059,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":85000000.0,"currency":"USD","usd":85000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes Soccer Team Valuations — Charlotte FC (MLS 2026 valuations cycle; Justin Birnbaum)","url":"https://www.forbes.com/sites/justinbirnbaum/2026/02/13/the-most-valuable-mls-teams-2026/"},"wages":{"value":17133985.0,"currency":"USD","usd":17133985.0,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":5820000.0,"currency":"EUR","usd":6787284.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":4700000.0,"currency":"EUR","usd":5481140.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":2130000.0,"currency":"EUR","usd":2484006.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Worse wages vs revenue: 95 to 85 of 100 (ratio 17% to 20%)."},{"season":"current","grade":"B","score":77.6,"components":{"revenue":{"score":68},"wages":{"score":69},"trading":{"score":100}},"missing":["Debt load"],"live":true,"reason":"Worse wages vs revenue: 85 to 69 of 100."}],"chicago-fire":[{"season":"2022-23","grade":"D","score":39.9,"components":{"revenue":{"score":8,"leaguePct":11,"overallPct":5,"leagueN":29},"wages":{"score":21,"ratio":0.425},"trading":{"score":100,"avgNetSpendToRevenue":-0.141,"seasons":["2020-21","2021-22","2022-23"]}},"missing":["debt"],"inputs":{"revenue":{"value":48000000.0,"currency":"USD","usd":48000000.0,"confidence":"estimated","season":"2022-23","asOf":"2024-01-24","source":"Sportico MLS Team Valuations 2024 (Kurt Badenhausen, 24 Jan 2024) — Chicago Fire FC team revenue","url":"https://www.sportico.com/valuations/teams/2024/mls-team-values-messi-average-700-million-1234763902/"},"wages":{"value":20415828.0,"currency":"USD","usd":20415828.0,"confidence":"estimated","season":"2022-23","asOf":"2023-10-18","source":"MLSPA via KC Soccer Journal (final 2023 salary guide)","url":"https://kcsoccerjournal.com/10/18/2023/final-2023-mls-salaries-released-miami-messi-alba-insgine-vela-pukki/"},"netTransfers":[{"value":-210000.0,"currency":"EUR","usd":-244901.99999999997,"confidence":"reported","season":"2020-21","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2020&saison_id_bis=2020&art=0"},{"value":17900000.0,"currency":"EUR","usd":20874980.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":-36290000.0,"currency":"EUR","usd":-42321398.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2023-24","grade":"D","score":39.7,"components":{"revenue":{"score":18,"leaguePct":21,"overallPct":14,"leagueN":29},"wages":{"score":14,"ratio":0.457},"trading":{"score":100,"avgNetSpendToRevenue":-0.036,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":55000000.0,"currency":"USD","usd":55000000.0,"confidence":"estimated","season":"2023-24","asOf":"2025-01-30","source":"Sportico MLS Team Values 2025 (Kurt Badenhausen, 30 Jan 2025) — Chicago Fire FC team revenue","url":"https://www.sportico.com/valuations/teams/2025/mls-team-values-2025-lafc-inter-miami-1234825738/"},"wages":{"value":25126732.0,"currency":"USD","usd":25126732.0,"confidence":"estimated","season":"2023-24","asOf":"2024-04-25","source":"MLSPA via Associated Press (2024 guaranteed compensation)","url":"https://apnews.com/2024-major-league-soccer-payrolls-list-af5b2cab2b6cf0fa46d4cccb6218c02f"},"netTransfers":[{"value":17900000.0,"currency":"EUR","usd":20874980.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":-36290000.0,"currency":"EUR","usd":-42321398.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":12650000.0,"currency":"EUR","usd":14752429.999999998,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"Worse wages vs revenue: 21 to 14 of 100 (ratio 42% to 46%)."},{"season":"2024-25","grade":"C","score":55.7,"components":{"revenue":{"score":32,"leaguePct":24,"overallPct":45,"leagueN":30},"wages":{"score":42,"ratio":0.345},"trading":{"score":100,"avgNetSpendToRevenue":-0.086,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":64000000.0,"currency":"USD","usd":64000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes Soccer Team Valuations — Chicago Fire FC (MLS 2026 valuations cycle; Justin Birnbaum)","url":"https://www.forbes.com/sites/justinbirnbaum/2026/02/13/the-most-valuable-mls-teams-2026/"},"wages":{"value":22052757.0,"currency":"USD","usd":22052757.0,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":-36290000.0,"currency":"EUR","usd":-42321398.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":12650000.0,"currency":"EUR","usd":14752429.999999998,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":9720000.0,"currency":"EUR","usd":11335464.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better wages vs revenue: 14 to 42 of 100 (ratio 46% to 34%)."},{"season":"current","grade":"D","score":44.1,"components":{"revenue":{"score":37},"wages":{"score":43},"trading":{"score":53}},"missing":["Debt load"],"live":true,"reason":"Worse net transfer spend vs revenue: 100 to 53 of 100."}],"fc-cincinnati":[{"season":"2022-23","grade":"B","score":75.6,"components":{"revenue":{"score":62,"leaguePct":79,"overallPct":38,"leagueN":29},"wages":{"score":91,"ratio":0.182},"trading":{"score":66,"avgNetSpendToRevenue":0.117,"seasons":["2020-21","2021-22","2022-23"]}},"missing":["debt"],"inputs":{"revenue":{"value":79000000.0,"currency":"USD","usd":79000000.0,"confidence":"estimated","season":"2022-23","asOf":"2024-01-24","source":"Sportico MLS Team Valuations 2024 (Kurt Badenhausen, 24 Jan 2024) — FC Cincinnati team revenue","url":"https://www.sportico.com/valuations/teams/2024/mls-team-values-messi-average-700-million-1234763902/"},"wages":{"value":14348728.0,"currency":"USD","usd":14348728.0,"confidence":"estimated","season":"2022-23","asOf":"2023-10-18","source":"MLSPA via KC Soccer Journal (final 2023 salary guide)","url":"https://kcsoccerjournal.com/10/18/2023/final-2023-mls-salaries-released-miami-messi-alba-insgine-vela-pukki/"},"netTransfers":[{"value":19150000.0,"currency":"EUR","usd":22332730.0,"confidence":"reported","season":"2020-21","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2020&saison_id_bis=2020&art=0"},{"value":3055000.0,"currency":"EUR","usd":3562741.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":3331000.0,"currency":"EUR","usd":3884612.1999999997,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2023-24","grade":"B","score":79.4,"components":{"revenue":{"score":61,"leaguePct":75,"overallPct":40,"leagueN":29},"wages":{"score":78,"ratio":0.223},"trading":{"score":100,"avgNetSpendToRevenue":-0.011,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":84000000.0,"currency":"USD","usd":84000000.0,"confidence":"estimated","season":"2023-24","asOf":"2025-01-30","source":"Sportico MLS Team Values 2025 (Kurt Badenhausen, 30 Jan 2025) — FC Cincinnati team revenue","url":"https://www.sportico.com/valuations/teams/2025/mls-team-values-2025-lafc-inter-miami-1234825738/"},"wages":{"value":18705167.0,"currency":"USD","usd":18705167.0,"confidence":"estimated","season":"2023-24","asOf":"2024-04-25","source":"MLSPA via Associated Press (2024 guaranteed compensation)","url":"https://apnews.com/2024-major-league-soccer-payrolls-list-af5b2cab2b6cf0fa46d4cccb6218c02f"},"netTransfers":[{"value":3055000.0,"currency":"EUR","usd":3562741.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":3331000.0,"currency":"EUR","usd":3884612.1999999997,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-9000000.0,"currency":"EUR","usd":-10495800.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"Better net transfer spend vs revenue: 66 to 100 of 100 (avg 12% to -1% of revenue)."},{"season":"2024-25","grade":"C","score":64.9,"components":{"revenue":{"score":62,"leaguePct":66,"overallPct":57,"leagueN":30},"wages":{"score":60,"ratio":0.283},"trading":{"score":75,"avgNetSpendToRevenue":0.082,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":82000000.0,"currency":"USD","usd":82000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes Soccer Team Valuations — FC Cincinnati (MLS 2026 valuations cycle; Justin Birnbaum)","url":"https://www.forbes.com/sites/justinbirnbaum/2026/02/13/the-most-valuable-mls-teams-2026/"},"wages":{"value":23180135.0,"currency":"USD","usd":23180135.0,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":3331000.0,"currency":"EUR","usd":3884612.1999999997,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-9000000.0,"currency":"EUR","usd":-10495800.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":22650000.0,"currency":"EUR","usd":26414430.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Worse wages vs revenue: 78 to 60 of 100 (ratio 22% to 28%)."},{"season":"current","grade":"B","score":67.0,"components":{"revenue":{"score":65},"wages":{"score":59},"trading":{"score":81}},"missing":["Debt load"],"live":true,"reason":"Better net transfer spend vs revenue: 75 to 81 of 100."}],"colorado-rapids":[{"season":"2022-23","grade":"D","score":46.1,"components":{"revenue":{"score":0,"leaguePct":0,"overallPct":0,"leagueN":29},"wages":{"score":41,"ratio":0.345},"trading":{"score":100,"avgNetSpendToRevenue":-0.003,"seasons":["2020-21","2021-22","2022-23"]}},"missing":["debt"],"inputs":{"revenue":{"value":42000000.0,"currency":"USD","usd":42000000.0,"confidence":"estimated","season":"2022-23","asOf":"2024-01-24","source":"Sportico MLS Team Valuations 2024 (Kurt Badenhausen, 24 Jan 2024) — Colorado Rapids team revenue","url":"https://www.sportico.com/valuations/teams/2024/mls-team-values-messi-average-700-million-1234763902/"},"wages":{"value":14496437.0,"currency":"USD","usd":14496437.0,"confidence":"estimated","season":"2022-23","asOf":"2023-10-18","source":"MLSPA via KC Soccer Journal (final 2023 salary guide)","url":"https://kcsoccerjournal.com/10/18/2023/final-2023-mls-salaries-released-miami-messi-alba-insgine-vela-pukki/"},"netTransfers":[{"value":45000.0,"currency":"EUR","usd":52479.0,"confidence":"reported","season":"2020-21","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2020&saison_id_bis=2020&art=0"},{"value":-2000000.0,"currency":"EUR","usd":-2332400.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":1620000.0,"currency":"EUR","usd":1889243.9999999998,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2023-24","grade":"D","score":43.0,"components":{"revenue":{"score":2,"leaguePct":0,"overallPct":5,"leagueN":29},"wages":{"score":37,"ratio":0.363},"trading":{"score":93,"avgNetSpendToRevenue":0.025,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":45000000.0,"currency":"USD","usd":45000000.00000001,"confidence":"estimated","season":"2023-24","asOf":"2025-01-30","source":"Sportico MLS Team Values 2025 (Kurt Badenhausen, 30 Jan 2025) — Colorado Rapids team revenue","url":"https://www.sportico.com/valuations/teams/2025/mls-team-values-2025-lafc-inter-miami-1234825738/"},"wages":{"value":16328472.0,"currency":"USD","usd":16328472.0,"confidence":"estimated","season":"2023-24","asOf":"2024-04-25","source":"MLSPA via Associated Press (2024 guaranteed compensation)","url":"https://apnews.com/2024-major-league-soccer-payrolls-list-af5b2cab2b6cf0fa46d4cccb6218c02f"},"netTransfers":[{"value":-2000000.0,"currency":"EUR","usd":-2332400.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":1620000.0,"currency":"EUR","usd":1889243.9999999998,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":3620000.0,"currency":"EUR","usd":4221644.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"Worse net transfer spend vs revenue: 100 to 93 of 100 (avg -0% to 2% of revenue)."},{"season":"2024-25","grade":"C","score":53.4,"components":{"revenue":{"score":20,"leaguePct":7,"overallPct":40,"leagueN":30},"wages":{"score":52,"ratio":0.31},"trading":{"score":89,"avgNetSpendToRevenue":0.038,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":50000000.0,"currency":"USD","usd":50000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes Soccer Team Valuations — Colorado Rapids (MLS 2026 valuations cycle; Justin Birnbaum)","url":"https://www.forbes.com/sites/justinbirnbaum/2026/02/13/the-most-valuable-mls-teams-2026/"},"wages":{"value":15482331.0,"currency":"USD","usd":15482331.0,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":1620000.0,"currency":"EUR","usd":1889243.9999999998,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":3620000.0,"currency":"EUR","usd":4221644.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-410000.0,"currency":"EUR","usd":-478141.99999999994,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better wages vs revenue: 37 to 52 of 100 (ratio 36% to 31%)."},{"season":"current","grade":"C","score":56.0,"components":{"revenue":{"score":25},"wages":{"score":60},"trading":{"score":81}},"missing":["Debt load"],"live":true,"reason":"Better wages vs revenue: 52 to 60 of 100."}],"columbus-crew":[{"season":"2022-23","grade":"B","score":74.9,"components":{"revenue":{"score":57,"leaguePct":71,"overallPct":34,"leagueN":29},"wages":{"score":82,"ratio":0.21},"trading":{"score":82,"avgNetSpendToRevenue":0.06,"seasons":["2020-21","2021-22","2022-23"]}},"missing":["debt"],"inputs":{"revenue":{"value":73000000.0,"currency":"USD","usd":73000000.0,"confidence":"estimated","season":"2022-23","asOf":"2024-01-24","source":"Sportico MLS Team Valuations 2024 (Kurt Badenhausen, 24 Jan 2024) — Columbus Crew team revenue","url":"https://www.sportico.com/valuations/teams/2024/mls-team-values-messi-average-700-million-1234763902/"},"wages":{"value":15313747.0,"currency":"USD","usd":15313747.0,"confidence":"estimated","season":"2022-23","asOf":"2023-10-18","source":"MLSPA via KC Soccer Journal (final 2023 salary guide)","url":"https://kcsoccerjournal.com/10/18/2023/final-2023-mls-salaries-released-miami-messi-alba-insgine-vela-pukki/"},"netTransfers":[{"value":1615000.0,"currency":"EUR","usd":1883412.9999999998,"confidence":"reported","season":"2020-21","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2020&saison_id_bis=2020&art=0"},{"value":1052000.0,"currency":"EUR","usd":1226842.4,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":9297000.0,"currency":"EUR","usd":10842161.399999999,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2023-24","grade":"B","score":78.1,"components":{"revenue":{"score":61,"leaguePct":75,"overallPct":40,"leagueN":29},"wages":{"score":91,"ratio":0.181},"trading":{"score":76,"avgNetSpendToRevenue":0.081,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":84000000.0,"currency":"USD","usd":84000000.0,"confidence":"estimated","season":"2023-24","asOf":"2025-01-30","source":"Sportico MLS Team Values 2025 (Kurt Badenhausen, 30 Jan 2025) — Columbus Crew team revenue","url":"https://www.sportico.com/valuations/teams/2025/mls-team-values-2025-lafc-inter-miami-1234825738/"},"wages":{"value":15186365.0,"currency":"USD","usd":15186365.0,"confidence":"estimated","season":"2023-24","asOf":"2024-04-25","source":"MLSPA via Associated Press (2024 guaranteed compensation)","url":"https://apnews.com/2024-major-league-soccer-payrolls-list-af5b2cab2b6cf0fa46d4cccb6218c02f"},"netTransfers":[{"value":1052000.0,"currency":"EUR","usd":1226842.4,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":9297000.0,"currency":"EUR","usd":10842161.399999999,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":9280000.0,"currency":"EUR","usd":10822336.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"Better wages vs revenue: 82 to 91 of 100 (ratio 21% to 18%)."},{"season":"2024-25","grade":"B","score":78.0,"components":{"revenue":{"score":55,"leaguePct":55,"overallPct":54,"leagueN":30},"wages":{"score":84,"ratio":0.204},"trading":{"score":92,"avgNetSpendToRevenue":0.026,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":80000000.0,"currency":"USD","usd":80000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes Soccer Team Valuations — Columbus Crew (MLS 2026 valuations cycle; Justin Birnbaum)","url":"https://www.forbes.com/sites/justinbirnbaum/2026/02/13/the-most-valuable-mls-teams-2026/"},"wages":{"value":16355869.0,"currency":"USD","usd":16355869.0,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":9297000.0,"currency":"EUR","usd":10842161.399999999,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":9280000.0,"currency":"EUR","usd":10822336.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-13320000.0,"currency":"EUR","usd":-15533783.999999998,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better net transfer spend vs revenue: 76 to 92 of 100 (avg 8% to 3% of revenue)."},{"season":"current","grade":"B","score":69.0,"components":{"revenue":{"score":58},"wages":{"score":61},"trading":{"score":92}},"missing":["Debt load"],"live":true,"reason":"Worse wages vs revenue: 84 to 61 of 100."}],"fc-dallas":[{"season":"2022-23","grade":"C","score":64.9,"components":{"revenue":{"score":28,"leaguePct":36,"overallPct":17,"leagueN":29},"wages":{"score":66,"ratio":0.263},"trading":{"score":100,"avgNetSpendToRevenue":-0.126,"seasons":["2020-21","2021-22","2022-23"]}},"missing":["debt"],"inputs":{"revenue":{"value":56000000.0,"currency":"USD","usd":56000000.0,"confidence":"estimated","season":"2022-23","asOf":"2024-01-24","source":"Sportico MLS Team Valuations 2024 (Kurt Badenhausen, 24 Jan 2024) — FC Dallas team revenue","url":"https://www.sportico.com/valuations/teams/2024/mls-team-values-messi-average-700-million-1234763902/"},"wages":{"value":14711587.0,"currency":"USD","usd":14711587.0,"confidence":"estimated","season":"2022-23","asOf":"2023-10-18","source":"MLSPA via KC Soccer Journal (final 2023 salary guide)","url":"https://kcsoccerjournal.com/10/18/2023/final-2023-mls-salaries-released-miami-messi-alba-insgine-vela-pukki/"},"netTransfers":[{"value":-4090000.0,"currency":"EUR","usd":-4769758.0,"confidence":"reported","season":"2020-21","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2020&saison_id_bis=2020&art=0"},{"value":-18230000.0,"currency":"EUR","usd":-21259826.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":2980000.0,"currency":"EUR","usd":3475276.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2023-24","grade":"C","score":54.1,"components":{"revenue":{"score":10,"leaguePct":11,"overallPct":9,"leagueN":29},"wages":{"score":53,"ratio":0.306},"trading":{"score":100,"avgNetSpendToRevenue":-0.024,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":53000000.0,"currency":"USD","usd":53000000.0,"confidence":"estimated","season":"2023-24","asOf":"2025-01-30","source":"Sportico MLS Team Values 2025 (Kurt Badenhausen, 30 Jan 2025) — FC Dallas team revenue","url":"https://www.sportico.com/valuations/teams/2025/mls-team-values-2025-lafc-inter-miami-1234825738/"},"wages":{"value":16230011.0,"currency":"USD","usd":16230011.0,"confidence":"estimated","season":"2023-24","asOf":"2024-04-25","source":"MLSPA via Associated Press (2024 guaranteed compensation)","url":"https://apnews.com/2024-major-league-soccer-payrolls-list-af5b2cab2b6cf0fa46d4cccb6218c02f"},"netTransfers":[{"value":-18230000.0,"currency":"EUR","usd":-21259826.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":2980000.0,"currency":"EUR","usd":3475276.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":11598000.0,"currency":"EUR","usd":13525587.6,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"Worse wages vs revenue: 66 to 53 of 100 (ratio 26% to 31%)."},{"season":"2024-25","grade":"D","score":47.3,"components":{"revenue":{"score":28,"leaguePct":17,"overallPct":44,"leagueN":30},"wages":{"score":49,"ratio":0.322},"trading":{"score":64,"avgNetSpendToRevenue":0.125,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":59000000.0,"currency":"USD","usd":59000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes Soccer Team Valuations — FC Dallas (MLS 2026 valuations cycle; Justin Birnbaum)","url":"https://www.forbes.com/sites/justinbirnbaum/2026/02/13/the-most-valuable-mls-teams-2026/"},"wages":{"value":18977292.0,"currency":"USD","usd":18977292.0,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":2980000.0,"currency":"EUR","usd":3475276.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":11598000.0,"currency":"EUR","usd":13525587.6,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":4080000.0,"currency":"EUR","usd":4758096.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Worse net transfer spend vs revenue: 100 to 64 of 100 (avg -2% to 12% of revenue)."},{"season":"current","grade":"C","score":58.7,"components":{"revenue":{"score":32},"wages":{"score":71},"trading":{"score":67}},"missing":["Debt load"],"live":true,"reason":"Better wages vs revenue: 49 to 71 of 100."}],"dc-united":[{"season":"2022-23","grade":"B","score":70.3,"components":{"revenue":{"score":42,"leaguePct":54,"overallPct":26,"leagueN":29},"wages":{"score":70,"ratio":0.251},"trading":{"score":99,"avgNetSpendToRevenue":0.003,"seasons":["2020-21","2021-22","2022-23"]}},"missing":["debt"],"inputs":{"revenue":{"value":69000000.0,"currency":"USD","usd":69000000.0,"confidence":"estimated","season":"2022-23","asOf":"2024-01-24","source":"Sportico MLS Team Valuations 2024 (Kurt Badenhausen, 24 Jan 2024) — D.C. United team revenue","url":"https://www.sportico.com/valuations/teams/2024/mls-team-values-messi-average-700-million-1234763902/"},"wages":{"value":17302163.0,"currency":"USD","usd":17302163.0,"confidence":"estimated","season":"2022-23","asOf":"2023-10-18","source":"MLSPA via KC Soccer Journal (final 2023 salary guide)","url":"https://kcsoccerjournal.com/10/18/2023/final-2023-mls-salaries-released-miami-messi-alba-insgine-vela-pukki/"},"netTransfers":[{"value":340000.0,"currency":"EUR","usd":396508.0,"confidence":"reported","season":"2020-21","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2020&saison_id_bis=2020&art=0"},{"value":-6190000.0,"currency":"EUR","usd":-7218777.999999999,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":6430000.0,"currency":"EUR","usd":7498665.999999999,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2023-24","grade":"B","score":67.4,"components":{"revenue":{"score":35,"leaguePct":43,"overallPct":23,"leagueN":29},"wages":{"score":70,"ratio":0.249},"trading":{"score":96,"avgNetSpendToRevenue":0.013,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":65000000.0,"currency":"USD","usd":65000000.0,"confidence":"estimated","season":"2023-24","asOf":"2025-01-30","source":"Sportico MLS Team Values 2025 (Kurt Badenhausen, 30 Jan 2025) — D.C. United team revenue","url":"https://www.sportico.com/valuations/teams/2025/mls-team-values-2025-lafc-inter-miami-1234825738/"},"wages":{"value":16171456.0,"currency":"USD","usd":16171456.0,"confidence":"estimated","season":"2023-24","asOf":"2024-04-25","source":"MLSPA via Associated Press (2024 guaranteed compensation)","url":"https://apnews.com/2024-major-league-soccer-payrolls-list-af5b2cab2b6cf0fa46d4cccb6218c02f"},"netTransfers":[{"value":-6190000.0,"currency":"EUR","usd":-7218777.999999999,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":6430000.0,"currency":"EUR","usd":7498665.999999999,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":2232000.0,"currency":"EUR","usd":2602958.4,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"Worse revenue scale: 42 to 35 of 100."},{"season":"2024-25","grade":"A","score":84.0,"components":{"revenue":{"score":67,"leaguePct":72,"overallPct":59,"leagueN":30},"wages":{"score":96,"ratio":0.162},"trading":{"score":83,"avgNetSpendToRevenue":0.055,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":90000000.0,"currency":"USD","usd":90000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes Soccer Team Valuations — D.C. United team page (MLS 2026 valuations cycle; Justin Birnbaum)","url":"https://www.forbes.com/teams/dc-united/"},"wages":{"value":14616314.0,"currency":"USD","usd":14616314.0,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":6430000.0,"currency":"EUR","usd":7498665.999999999,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":2232000.0,"currency":"EUR","usd":2602958.4,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":3960000.0,"currency":"EUR","usd":4618152.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better wages vs revenue: 70 to 96 of 100 (ratio 25% to 16%)."},{"season":"current","grade":"A","score":83.6,"components":{"revenue":{"score":70},"wages":{"score":97},"trading":{"score":77}},"missing":["Debt load"],"live":true,"reason":"Worse net transfer spend vs revenue: 83 to 77 of 100."}],"houston-dynamo":[{"season":"2022-23","grade":"D","score":48.3,"components":{"revenue":{"score":17,"leaguePct":21,"overallPct":10,"leagueN":29},"wages":{"score":48,"ratio":0.323},"trading":{"score":80,"avgNetSpendToRevenue":0.067,"seasons":["2020-21","2021-22","2022-23"]}},"missing":["debt"],"inputs":{"revenue":{"value":54000000.0,"currency":"USD","usd":54000000.0,"confidence":"estimated","season":"2022-23","asOf":"2024-01-24","source":"Sportico MLS Team Valuations 2024 (Kurt Badenhausen, 24 Jan 2024) — Houston Dynamo FC team revenue","url":"https://www.sportico.com/valuations/teams/2024/mls-team-values-messi-average-700-million-1234763902/"},"wages":{"value":17459127.0,"currency":"USD","usd":17459127.0,"confidence":"estimated","season":"2022-23","asOf":"2023-10-18","source":"MLSPA via KC Soccer Journal (final 2023 salary guide)","url":"https://kcsoccerjournal.com/10/18/2023/final-2023-mls-salaries-released-miami-messi-alba-insgine-vela-pukki/"},"netTransfers":[{"value":-2290000.0,"currency":"EUR","usd":-2670598.0,"confidence":"reported","season":"2020-21","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2020&saison_id_bis=2020&art=0"},{"value":5820000.0,"currency":"EUR","usd":6787284.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":6370000.0,"currency":"EUR","usd":7428693.999999999,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2023-24","grade":"C","score":56.0,"components":{"revenue":{"score":29,"leaguePct":36,"overallPct":20,"leagueN":29},"wages":{"score":60,"ratio":0.284},"trading":{"score":77,"avgNetSpendToRevenue":0.076,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":59000000.0,"currency":"USD","usd":59000000.0,"confidence":"estimated","season":"2023-24","asOf":"2025-01-30","source":"Sportico MLS Team Values 2025 (Kurt Badenhausen, 30 Jan 2025) — Houston Dynamo FC team revenue","url":"https://www.sportico.com/valuations/teams/2025/mls-team-values-2025-lafc-inter-miami-1234825738/"},"wages":{"value":16768222.0,"currency":"USD","usd":16768222.0,"confidence":"estimated","season":"2023-24","asOf":"2024-04-25","source":"MLSPA via Associated Press (2024 guaranteed compensation)","url":"https://apnews.com/2024-major-league-soccer-payrolls-list-af5b2cab2b6cf0fa46d4cccb6218c02f"},"netTransfers":[{"value":5820000.0,"currency":"EUR","usd":6787284.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":6370000.0,"currency":"EUR","usd":7428693.999999999,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":823000.0,"currency":"EUR","usd":959782.6,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"Better wages vs revenue: 48 to 60 of 100 (ratio 32% to 28%)."},{"season":"2024-25","grade":"B","score":73.9,"components":{"revenue":{"score":47,"leaguePct":45,"overallPct":50,"leagueN":30},"wages":{"score":89,"ratio":0.186},"trading":{"score":78,"avgNetSpendToRevenue":0.074,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":72000000.0,"currency":"USD","usd":72000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes Soccer Team Valuations — Houston Dynamo FC (MLS 2026 valuations cycle; Justin Birnbaum)","url":"https://www.forbes.com/sites/justinbirnbaum/2026/02/13/the-most-valuable-mls-teams-2026/"},"wages":{"value":13414691.0,"currency":"USD","usd":13414691.0,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":6370000.0,"currency":"EUR","usd":7428693.999999999,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":823000.0,"currency":"EUR","usd":959782.6,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":6340000.0,"currency":"EUR","usd":7393707.999999999,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better wages vs revenue: 60 to 89 of 100 (ratio 28% to 19%)."},{"season":"current","grade":"C","score":60.3,"components":{"revenue":{"score":51},"wages":{"score":58},"trading":{"score":73}},"missing":["Debt load"],"live":true,"reason":"Worse wages vs revenue: 89 to 58 of 100."}],"sporting-kc":[{"season":"2022-23","grade":"B","score":71.1,"components":{"revenue":{"score":37,"leaguePct":46,"overallPct":22,"leagueN":29},"wages":{"score":78,"ratio":0.224},"trading":{"score":95,"avgNetSpendToRevenue":0.017,"seasons":["2020-21","2021-22","2022-23"]}},"missing":["debt"],"inputs":{"revenue":{"value":67000000.0,"currency":"USD","usd":67000000.0,"confidence":"estimated","season":"2022-23","asOf":"2024-01-24","source":"Sportico MLS Team Valuations 2024 (Kurt Badenhausen, 24 Jan 2024) — Sporting Kansas City team revenue","url":"https://www.sportico.com/valuations/teams/2024/mls-team-values-messi-average-700-million-1234763902/"},"wages":{"value":14979335.0,"currency":"USD","usd":14979335.0,"confidence":"estimated","season":"2022-23","asOf":"2023-10-18","source":"MLSPA via KC Soccer Journal (final 2023 salary guide)","url":"https://kcsoccerjournal.com/10/18/2023/final-2023-mls-salaries-released-miami-messi-alba-insgine-vela-pukki/"},"netTransfers":[{"value":3700000.0,"currency":"EUR","usd":4314940.0,"confidence":"reported","season":"2020-21","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2020&saison_id_bis=2020&art=0"},{"value":-1770000.0,"currency":"EUR","usd":-2064173.9999999998,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":1130000.0,"currency":"EUR","usd":1317806.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2023-24","grade":"B","score":75.1,"components":{"revenue":{"score":46,"leaguePct":57,"overallPct":29,"leagueN":29},"wages":{"score":78,"ratio":0.224},"trading":{"score":100,"avgNetSpendToRevenue":-0.003,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":71000000.0,"currency":"USD","usd":71000000.0,"confidence":"estimated","season":"2023-24","asOf":"2025-01-30","source":"Sportico MLS Team Values 2025 (Kurt Badenhausen, 30 Jan 2025) — Sporting Kansas City team revenue","url":"https://www.sportico.com/valuations/teams/2025/mls-team-values-2025-lafc-inter-miami-1234825738/"},"wages":{"value":15874516.0,"currency":"USD","usd":15874516.0,"confidence":"estimated","season":"2023-24","asOf":"2024-04-25","source":"MLSPA via Associated Press (2024 guaranteed compensation)","url":"https://apnews.com/2024-major-league-soccer-payrolls-list-af5b2cab2b6cf0fa46d4cccb6218c02f"},"netTransfers":[{"value":-1770000.0,"currency":"EUR","usd":-2064173.9999999998,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":1130000.0,"currency":"EUR","usd":1317806.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":0.0,"currency":"EUR","usd":0.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"Better revenue scale: 37 to 46 of 100."},{"season":"2024-25","grade":"B","score":75.9,"components":{"revenue":{"score":59,"leaguePct":62,"overallPct":56,"leagueN":30},"wages":{"score":79,"ratio":0.219},"trading":{"score":88,"avgNetSpendToRevenue":0.039,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":81000000.0,"currency":"USD","usd":81000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes Soccer Team Valuations — Sporting Kansas City (MLS 2026 valuations cycle; Justin Birnbaum)","url":"https://www.forbes.com/sites/justinbirnbaum/2026/02/13/the-most-valuable-mls-teams-2026/"},"wages":{"value":17715629.0,"currency":"USD","usd":17715629.0,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":1130000.0,"currency":"EUR","usd":1317806.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":0.0,"currency":"EUR","usd":0.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":6960000.0,"currency":"EUR","usd":8116751.999999999,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better revenue scale: 46 to 59 of 100."},{"season":"current","grade":"A","score":83.0,"components":{"revenue":{"score":63},"wages":{"score":99},"trading":{"score":79}},"missing":["Debt load"],"live":true,"reason":"Better wages vs revenue: 79 to 99 of 100."}],"lafc":[{"season":"2022-23","grade":"A","score":92.3,"components":{"revenue":{"score":79,"leaguePct":100,"overallPct":48,"leagueN":29},"wages":{"score":96,"ratio":0.163},"trading":{"score":100,"avgNetSpendToRevenue":-0.009,"seasons":["2020-21","2021-22","2022-23"]}},"missing":["debt"],"inputs":{"revenue":{"value":128000000.0,"currency":"USD","usd":128000000.0,"confidence":"estimated","season":"2022-23","asOf":"2024-01-24","source":"Sportico MLS Team Valuations 2024 (Kurt Badenhausen, 24 Jan 2024) — Los Angeles FC team revenue","url":"https://www.sportico.com/valuations/teams/2024/mls-team-values-messi-average-700-million-1234763902/"},"wages":{"value":20841863.0,"currency":"USD","usd":20841863.0,"confidence":"estimated","season":"2022-23","asOf":"2023-10-18","source":"MLSPA via KC Soccer Journal (final 2023 salary guide)","url":"https://kcsoccerjournal.com/10/18/2023/final-2023-mls-salaries-released-miami-messi-alba-insgine-vela-pukki/"},"netTransfers":[{"value":1290000.0,"currency":"EUR","usd":1504398.0,"confidence":"reported","season":"2020-21","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2020&saison_id_bis=2020&art=0"},{"value":-1340000.0,"currency":"EUR","usd":-1562708.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":-3120000.0,"currency":"EUR","usd":-3638543.9999999995,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2023-24","grade":"A","score":92.3,"components":{"revenue":{"score":78,"leaguePct":96,"overallPct":49,"leagueN":29},"wages":{"score":100,"ratio":0.112},"trading":{"score":95,"avgNetSpendToRevenue":0.017,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":142000000.0,"currency":"USD","usd":142000000.0,"confidence":"estimated","season":"2023-24","asOf":"2025-01-30","source":"Sportico MLS Team Values 2025 (Kurt Badenhausen, 30 Jan 2025) — Los Angeles FC team revenue","url":"https://www.sportico.com/valuations/teams/2025/mls-team-values-2025-lafc-inter-miami-1234825738/"},"wages":{"value":15903820.0,"currency":"USD","usd":15903820.0,"confidence":"estimated","season":"2023-24","asOf":"2024-04-25","source":"MLSPA via Associated Press (2024 guaranteed compensation)","url":"https://apnews.com/2024-major-league-soccer-payrolls-list-af5b2cab2b6cf0fa46d4cccb6218c02f"},"netTransfers":[{"value":-1340000.0,"currency":"EUR","usd":-1562708.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":-3120000.0,"currency":"EUR","usd":-3638543.9999999995,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":11230000.0,"currency":"EUR","usd":13096426.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"Better wages vs revenue: 96 to 100 of 100 (ratio 16% to 11%)."},{"season":"2024-25","grade":"A","score":96.3,"components":{"revenue":{"score":87,"leaguePct":97,"overallPct":72,"leagueN":30},"wages":{"score":100,"ratio":0.134},"trading":{"score":100,"avgNetSpendToRevenue":-0.02,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":167000000.0,"currency":"USD","usd":167000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes Soccer Team Valuations — LAFC team page (MLS 2026 valuations cycle; Justin Birnbaum)","url":"https://www.forbes.com/teams/lafc/"},"wages":{"value":22369590.0,"currency":"USD","usd":22369590.0,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":-3120000.0,"currency":"EUR","usd":-3638543.9999999995,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":11230000.0,"currency":"EUR","usd":13096426.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-16460000.0,"currency":"EUR","usd":-19195652.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better revenue scale: 78 to 87 of 100."},{"season":"current","grade":"A","score":86.6,"components":{"revenue":{"score":90},"wages":{"score":86},"trading":{"score":84}},"missing":["Debt load"],"live":true,"reason":"Worse wages vs revenue: 100 to 86 of 100."}],"la-galaxy":[{"season":"2022-23","grade":"B","score":74.1,"components":{"revenue":{"score":71,"leaguePct":89,"overallPct":43,"leagueN":29},"wages":{"score":65,"ratio":0.266},"trading":{"score":91,"avgNetSpendToRevenue":0.03,"seasons":["2020-21","2021-22","2022-23"]}},"missing":["debt"],"inputs":{"revenue":{"value":94000000.0,"currency":"USD","usd":94000000.0,"confidence":"estimated","season":"2022-23","asOf":"2024-01-24","source":"Sportico MLS Team Valuations 2024 (Kurt Badenhausen, 24 Jan 2024) — LA Galaxy team revenue","url":"https://www.sportico.com/valuations/teams/2024/mls-team-values-messi-average-700-million-1234763902/"},"wages":{"value":25038692.0,"currency":"USD","usd":25038692.0,"confidence":"estimated","season":"2022-23","asOf":"2023-10-18","source":"MLSPA via KC Soccer Journal (final 2023 salary guide)","url":"https://kcsoccerjournal.com/10/18/2023/final-2023-mls-salaries-released-miami-messi-alba-insgine-vela-pukki/"},"netTransfers":[{"value":5660000.0,"currency":"EUR","usd":6600692.0,"confidence":"reported","season":"2020-21","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2020&saison_id_bis=2020&art=0"},{"value":3170000.0,"currency":"EUR","usd":3696853.9999999995,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":-1150000.0,"currency":"EUR","usd":-1341130.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2023-24","grade":"A","score":85.1,"components":{"revenue":{"score":72,"leaguePct":89,"overallPct":46,"leagueN":29},"wages":{"score":96,"ratio":0.163},"trading":{"score":82,"avgNetSpendToRevenue":0.06,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":110000000.0,"currency":"USD","usd":110000000.0,"confidence":"estimated","season":"2023-24","asOf":"2025-01-30","source":"Sportico MLS Team Values 2025 (Kurt Badenhausen, 30 Jan 2025) — LA Galaxy team revenue","url":"https://www.sportico.com/valuations/teams/2025/mls-team-values-2025-lafc-inter-miami-1234825738/"},"wages":{"value":17931232.0,"currency":"USD","usd":17931232.0,"confidence":"estimated","season":"2023-24","asOf":"2024-04-25","source":"MLSPA via Associated Press (2024 guaranteed compensation)","url":"https://apnews.com/2024-major-league-soccer-payrolls-list-af5b2cab2b6cf0fa46d4cccb6218c02f"},"netTransfers":[{"value":3170000.0,"currency":"EUR","usd":3696853.9999999995,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":-1150000.0,"currency":"EUR","usd":-1341130.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":17160000.0,"currency":"EUR","usd":20011992.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"Better wages vs revenue: 65 to 96 of 100 (ratio 27% to 16%)."},{"season":"2024-25","grade":"A","score":80.9,"components":{"revenue":{"score":81,"leaguePct":93,"overallPct":64,"leagueN":30},"wages":{"score":80,"ratio":0.216},"trading":{"score":82,"avgNetSpendToRevenue":0.061,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":106000000.0,"currency":"USD","usd":106000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes Soccer Team Valuations — LA Galaxy team page (MLS 2026 valuations cycle; Justin Birnbaum)","url":"https://www.forbes.com/teams/la-galaxy/"},"wages":{"value":22870938.0,"currency":"USD","usd":22870938.0,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":-1150000.0,"currency":"EUR","usd":-1341130.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":17160000.0,"currency":"EUR","usd":20011992.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":330000.0,"currency":"EUR","usd":384846.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Worse wages vs revenue: 96 to 80 of 100 (ratio 16% to 22%)."},{"season":"current","grade":"B","score":76.6,"components":{"revenue":{"score":84},"wages":{"score":70},"trading":{"score":79}},"missing":["Debt load"],"live":true,"reason":"Worse wages vs revenue: 80 to 70 of 100."}],"inter-miami":[{"season":"2022-23","grade":"B","score":71.1,"components":{"revenue":{"score":76,"leaguePct":96,"overallPct":47,"leagueN":29},"wages":{"score":52,"ratio":0.31},"trading":{"score":95,"avgNetSpendToRevenue":0.017,"seasons":["2020-21","2021-22","2022-23"]}},"missing":["debt"],"inputs":{"revenue":{"value":127000000.0,"currency":"USD","usd":127000000.0,"confidence":"estimated","season":"2022-23","asOf":"2024-01-24","source":"Sportico MLS Team Valuations 2024 (Kurt Badenhausen, 24 Jan 2024) — Inter Miami CF team revenue","url":"https://www.sportico.com/valuations/teams/2024/mls-team-values-messi-average-700-million-1234763902/"},"wages":{"value":39419071.0,"currency":"USD","usd":39419071.0,"confidence":"estimated","season":"2022-23","asOf":"2023-10-18","source":"MLSPA via KC Soccer Journal (final 2023 salary guide)","url":"https://kcsoccerjournal.com/10/18/2023/final-2023-mls-salaries-released-miami-messi-alba-insgine-vela-pukki/"},"netTransfers":[{"value":4095000.0,"currency":"EUR","usd":4775589.0,"confidence":"reported","season":"2020-21","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2020&saison_id_bis=2020&art=0"},{"value":-1060000.0,"currency":"EUR","usd":-1236172.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":2740000.0,"currency":"EUR","usd":3195388.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2023-24","grade":"A","score":80.9,"components":{"revenue":{"score":80,"leaguePct":100,"overallPct":51,"leagueN":29},"wages":{"score":76,"ratio":0.232},"trading":{"score":89,"avgNetSpendToRevenue":0.038,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":180000000.0,"currency":"USD","usd":180000000.0,"confidence":"estimated","season":"2023-24","asOf":"2025-02-21","source":"Forbes MLS Team Valuations 2025 (revenue estimate, 2024 MLS season)","url":"https://www.forbes.com/sites/justinbirnbaum/2025/02/21/the-most-valuable-mls-teams-2025/"},"wages":{"value":41679126.0,"currency":"USD","usd":41679126.0,"confidence":"estimated","season":"2023-24","asOf":"2024-04-25","source":"MLSPA via Associated Press (2024 guaranteed compensation)","url":"https://apnews.com/2024-major-league-soccer-payrolls-list-af5b2cab2b6cf0fa46d4cccb6218c02f"},"netTransfers":[{"value":-1060000.0,"currency":"EUR","usd":-1236172.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":2740000.0,"currency":"EUR","usd":3195388.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":17720000.0,"currency":"EUR","usd":20665064.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"Better wages vs revenue: 52 to 76 of 100 (ratio 31% to 23%)."},{"season":"2024-25","grade":"A","score":86.1,"components":{"revenue":{"score":91,"leaguePct":100,"overallPct":78,"leagueN":30},"wages":{"score":75,"ratio":0.234},"trading":{"score":98,"avgNetSpendToRevenue":0.008,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":200000000.0,"currency":"USD","usd":200000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes MLS Team Valuations 2026 (revenue estimate, 2025 MLS season)","url":"https://www.forbes.com/sites/justinbirnbaum/2026/02/13/the-most-valuable-mls-teams-2026/"},"wages":{"value":46836635.0,"currency":"USD","usd":46836635.0,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":2740000.0,"currency":"EUR","usd":3195388.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":17720000.0,"currency":"EUR","usd":20665064.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-16330000.0,"currency":"EUR","usd":-19044046.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better revenue scale: 80 to 91 of 100."},{"season":"current","grade":"B","score":76.1,"components":{"revenue":{"score":94},"wages":{"score":63},"trading":{"score":78}},"missing":["Debt load"],"live":true,"reason":"Worse net transfer spend vs revenue: 98 to 78 of 100."}],"minnesota-united":[{"season":"2022-23","grade":"B","score":65.4,"components":{"revenue":{"score":34,"leaguePct":43,"overallPct":21,"leagueN":29},"wages":{"score":78,"ratio":0.224},"trading":{"score":78,"avgNetSpendToRevenue":0.074,"seasons":["2020-21","2021-22","2022-23"]}},"missing":["debt"],"inputs":{"revenue":{"value":65000000.0,"currency":"USD","usd":65000000.0,"confidence":"estimated","season":"2022-23","asOf":"2024-01-24","source":"Sportico MLS Team Valuations 2024 (Kurt Badenhausen, 24 Jan 2024) — Minnesota United FC team revenue","url":"https://www.sportico.com/valuations/teams/2024/mls-team-values-messi-average-700-million-1234763902/"},"wages":{"value":14569690.0,"currency":"USD","usd":14569690.0,"confidence":"estimated","season":"2022-23","asOf":"2023-10-18","source":"MLSPA via KC Soccer Journal (final 2023 salary guide)","url":"https://kcsoccerjournal.com/10/18/2023/final-2023-mls-salaries-released-miami-messi-alba-insgine-vela-pukki/"},"netTransfers":[{"value":8795000.0,"currency":"EUR","usd":10256729.0,"confidence":"reported","season":"2020-21","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2020&saison_id_bis=2020&art=0"},{"value":1451000.0,"currency":"EUR","usd":1692156.2,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":3000000.0,"currency":"EUR","usd":3498600.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2023-24","grade":"B","score":72.3,"components":{"revenue":{"score":40,"leaguePct":50,"overallPct":26,"leagueN":29},"wages":{"score":80,"ratio":0.216},"trading":{"score":93,"avgNetSpendToRevenue":0.023,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":69000000.0,"currency":"USD","usd":69000000.0,"confidence":"estimated","season":"2023-24","asOf":"2025-01-30","source":"Sportico MLS Team Values 2025 (Kurt Badenhausen, 30 Jan 2025) — Minnesota United FC team revenue","url":"https://www.sportico.com/valuations/teams/2025/mls-team-values-2025-lafc-inter-miami-1234825738/"},"wages":{"value":14907129.0,"currency":"USD","usd":14907129.0,"confidence":"estimated","season":"2023-24","asOf":"2024-04-25","source":"MLSPA via Associated Press (2024 guaranteed compensation)","url":"https://apnews.com/2024-major-league-soccer-payrolls-list-af5b2cab2b6cf0fa46d4cccb6218c02f"},"netTransfers":[{"value":1451000.0,"currency":"EUR","usd":1692156.2,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":3000000.0,"currency":"EUR","usd":3498600.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":184000.0,"currency":"EUR","usd":214580.8,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"Better net transfer spend vs revenue: 78 to 93 of 100 (avg 7% to 2% of revenue)."},{"season":"2024-25","grade":"B","score":68.6,"components":{"revenue":{"score":35,"leaguePct":28,"overallPct":47,"leagueN":30},"wages":{"score":84,"ratio":0.203},"trading":{"score":79,"avgNetSpendToRevenue":0.069,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":68000000.0,"currency":"USD","usd":68000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes Soccer Team Valuations — Minnesota United FC (MLS 2026 valuations cycle; Justin Birnbaum)","url":"https://www.forbes.com/sites/justinbirnbaum/2026/02/13/the-most-valuable-mls-teams-2026/"},"wages":{"value":13804472.0,"currency":"USD","usd":13804472.0,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":3000000.0,"currency":"EUR","usd":3498600.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":184000.0,"currency":"EUR","usd":214580.8,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":8730000.0,"currency":"EUR","usd":10180926.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Worse net transfer spend vs revenue: 93 to 79 of 100 (avg 2% to 7% of revenue)."},{"season":"current","grade":"B","score":69.4,"components":{"revenue":{"score":39},"wages":{"score":76},"trading":{"score":90}},"missing":["Debt load"],"live":true,"reason":"Worse wages vs revenue: 84 to 76 of 100."}],"cf-montreal":[{"season":"2022-23","grade":"C","score":62.0,"components":{"revenue":{"score":6,"leaguePct":7,"overallPct":3,"leagueN":29},"wages":{"score":74,"ratio":0.237},"trading":{"score":100,"avgNetSpendToRevenue":-0.068,"seasons":["2020-21","2021-22","2022-23"]}},"missing":["debt"],"inputs":{"revenue":{"value":46000000.0,"currency":"USD","usd":46000000.0,"confidence":"estimated","season":"2022-23","asOf":"2024-01-24","source":"Sportico MLS Team Valuations 2024 (Kurt Badenhausen, 24 Jan 2024) — CF Montreal team revenue","url":"https://www.sportico.com/valuations/teams/2024/mls-team-values-messi-average-700-million-1234763902/"},"wages":{"value":10920537.0,"currency":"USD","usd":10920537.0,"confidence":"estimated","season":"2022-23","asOf":"2023-10-18","source":"MLSPA via KC Soccer Journal (final 2023 salary guide)","url":"https://kcsoccerjournal.com/10/18/2023/final-2023-mls-salaries-released-miami-messi-alba-insgine-vela-pukki/"},"netTransfers":[{"value":1923000.0,"currency":"EUR","usd":2242602.5999999996,"confidence":"reported","season":"2020-21","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2020&saison_id_bis=2020&art=0"},{"value":2157000.0,"currency":"EUR","usd":2515493.4,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":-12690000.0,"currency":"EUR","usd":-14799077.999999998,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2023-24","grade":"C","score":58.3,"components":{"revenue":{"score":5,"leaguePct":4,"overallPct":6,"leagueN":29},"wages":{"score":66,"ratio":0.262},"trading":{"score":100,"avgNetSpendToRevenue":-0.046,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":46000000.0,"currency":"USD","usd":46000000.0,"confidence":"estimated","season":"2023-24","asOf":"2025-01-30","source":"Sportico MLS Team Values 2025 (Kurt Badenhausen, 30 Jan 2025) — CF Montreal team revenue","url":"https://www.sportico.com/valuations/teams/2025/mls-team-values-2025-lafc-inter-miami-1234825738/"},"wages":{"value":12048030.0,"currency":"USD","usd":12048030.0,"confidence":"estimated","season":"2023-24","asOf":"2024-04-25","source":"MLSPA via Associated Press (2024 guaranteed compensation)","url":"https://apnews.com/2024-major-league-soccer-payrolls-list-af5b2cab2b6cf0fa46d4cccb6218c02f"},"netTransfers":[{"value":2157000.0,"currency":"EUR","usd":2515493.4,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":-12690000.0,"currency":"EUR","usd":-14799077.999999998,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":4366000.0,"currency":"EUR","usd":5091629.199999999,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"Worse wages vs revenue: 74 to 66 of 100 (ratio 24% to 26%)."},{"season":"2024-25","grade":"C","score":63.7,"components":{"revenue":{"score":18,"leaguePct":3,"overallPct":39,"leagueN":30},"wages":{"score":70,"ratio":0.25},"trading":{"score":100,"avgNetSpendToRevenue":-0.036,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":48000000.0,"currency":"USD","usd":48000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes Soccer Team Valuations — CF Montréal (MLS 2026 valuations cycle; Justin Birnbaum)","url":"https://www.forbes.com/sites/justinbirnbaum/2026/02/13/the-most-valuable-mls-teams-2026/"},"wages":{"value":11993946.0,"currency":"USD","usd":11993945.999999998,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":-12690000.0,"currency":"EUR","usd":-14799077.999999998,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":4366000.0,"currency":"EUR","usd":5091629.199999999,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":3970000.0,"currency":"EUR","usd":4629814.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better revenue scale: 5 to 18 of 100."},{"season":"current","grade":"C","score":57.9,"components":{"revenue":{"score":22},"wages":{"score":61},"trading":{"score":89}},"missing":["Debt load"],"live":true,"reason":"Worse wages vs revenue: 70 to 61 of 100."}],"nashville-sc":[{"season":"2022-23","grade":"C","score":60.1,"components":{"revenue":{"score":31,"leaguePct":39,"overallPct":19,"leagueN":29},"wages":{"score":63,"ratio":0.274},"trading":{"score":85,"avgNetSpendToRevenue":0.051,"seasons":["2020-21","2021-22","2022-23"]}},"missing":["debt"],"inputs":{"revenue":{"value":62000000.0,"currency":"USD","usd":62000000.0,"confidence":"estimated","season":"2022-23","asOf":"2024-01-24","source":"Sportico MLS Team Valuations 2024 (Kurt Badenhausen, 24 Jan 2024) — Nashville SC team revenue","url":"https://www.sportico.com/valuations/teams/2024/mls-team-values-messi-average-700-million-1234763902/"},"wages":{"value":16990388.0,"currency":"USD","usd":16990388.0,"confidence":"estimated","season":"2022-23","asOf":"2023-10-18","source":"MLSPA via KC Soccer Journal (final 2023 salary guide)","url":"https://kcsoccerjournal.com/10/18/2023/final-2023-mls-salaries-released-miami-messi-alba-insgine-vela-pukki/"},"netTransfers":[{"value":1978000.0,"currency":"EUR","usd":2306743.5999999996,"confidence":"reported","season":"2020-21","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2020&saison_id_bis=2020&art=0"},{"value":4680000.0,"currency":"EUR","usd":5457816.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":2007000.0,"currency":"EUR","usd":2340563.4,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2023-24","grade":"C","score":51.0,"components":{"revenue":{"score":32,"leaguePct":39,"overallPct":22,"leagueN":29},"wages":{"score":45,"ratio":0.334},"trading":{"score":79,"avgNetSpendToRevenue":0.071,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":64000000.0,"currency":"USD","usd":64000000.0,"confidence":"estimated","season":"2023-24","asOf":"2025-01-30","source":"Sportico MLS Team Values 2025 (Kurt Badenhausen, 30 Jan 2025) — Nashville SC team revenue","url":"https://www.sportico.com/valuations/teams/2025/mls-team-values-2025-lafc-inter-miami-1234825738/"},"wages":{"value":21397303.0,"currency":"USD","usd":21397303.0,"confidence":"estimated","season":"2023-24","asOf":"2024-04-25","source":"MLSPA via Associated Press (2024 guaranteed compensation)","url":"https://apnews.com/2024-major-league-soccer-payrolls-list-af5b2cab2b6cf0fa46d4cccb6218c02f"},"netTransfers":[{"value":4680000.0,"currency":"EUR","usd":5457816.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":2007000.0,"currency":"EUR","usd":2340563.4,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":6431000.0,"currency":"EUR","usd":7499832.199999999,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"Worse wages vs revenue: 63 to 45 of 100 (ratio 27% to 33%)."},{"season":"2024-25","grade":"C","score":56.3,"components":{"revenue":{"score":45,"leaguePct":41,"overallPct":50,"leagueN":30},"wages":{"score":52,"ratio":0.311},"trading":{"score":74,"avgNetSpendToRevenue":0.086,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":70000000.0,"currency":"USD","usd":70000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes Soccer Team Valuations — Nashville SC (MLS 2026 valuations cycle; Justin Birnbaum)","url":"https://www.forbes.com/sites/justinbirnbaum/2026/02/13/the-most-valuable-mls-teams-2026/"},"wages":{"value":21751786.0,"currency":"USD","usd":21751786.0,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":2007000.0,"currency":"EUR","usd":2340563.4,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":6431000.0,"currency":"EUR","usd":7499832.199999999,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":6764000.0,"currency":"EUR","usd":7888176.8,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better revenue scale: 32 to 45 of 100."},{"season":"current","grade":"C","score":55.1,"components":{"revenue":{"score":48},"wages":{"score":46},"trading":{"score":76}},"missing":["Debt load"],"live":true,"reason":"Worse wages vs revenue: 52 to 46 of 100."}],"new-england-revolution":[{"season":"2022-23","grade":"C","score":54.9,"components":{"revenue":{"score":17,"leaguePct":21,"overallPct":10,"leagueN":29},"wages":{"score":50,"ratio":0.315},"trading":{"score":100,"avgNetSpendToRevenue":-0.049,"seasons":["2020-21","2021-22","2022-23"]}},"missing":["debt"],"inputs":{"revenue":{"value":54000000.0,"currency":"USD","usd":54000000.0,"confidence":"estimated","season":"2022-23","asOf":"2024-01-24","source":"Sportico MLS Team Valuations 2024 (Kurt Badenhausen, 24 Jan 2024) — New England Revolution team revenue","url":"https://www.sportico.com/valuations/teams/2024/mls-team-values-messi-average-700-million-1234763902/"},"wages":{"value":17013587.0,"currency":"USD","usd":17013587.0,"confidence":"estimated","season":"2022-23","asOf":"2023-10-18","source":"MLSPA via KC Soccer Journal (final 2023 salary guide)","url":"https://kcsoccerjournal.com/10/18/2023/final-2023-mls-salaries-released-miami-messi-alba-insgine-vela-pukki/"},"netTransfers":[{"value":666000.0,"currency":"EUR","usd":776689.2,"confidence":"reported","season":"2020-21","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2020&saison_id_bis=2020&art=0"},{"value":-830000.0,"currency":"EUR","usd":-967945.9999999999,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":-7080000.0,"currency":"EUR","usd":-8256695.999999999,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2023-24","grade":"D","score":49.0,"components":{"revenue":{"score":10,"leaguePct":11,"overallPct":9,"leagueN":29},"wages":{"score":41,"ratio":0.346},"trading":{"score":100,"avgNetSpendToRevenue":-0.124,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":53000000.0,"currency":"USD","usd":53000000.0,"confidence":"estimated","season":"2023-24","asOf":"2025-01-30","source":"Sportico MLS Team Values 2025 (Kurt Badenhausen, 30 Jan 2025) — New England Revolution team revenue","url":"https://www.sportico.com/valuations/teams/2025/mls-team-values-2025-lafc-inter-miami-1234825738/"},"wages":{"value":18320184.0,"currency":"USD","usd":18320184.0,"confidence":"estimated","season":"2023-24","asOf":"2024-04-25","source":"MLSPA via Associated Press (2024 guaranteed compensation)","url":"https://apnews.com/2024-major-league-soccer-payrolls-list-af5b2cab2b6cf0fa46d4cccb6218c02f"},"netTransfers":[{"value":-830000.0,"currency":"EUR","usd":-967945.9999999999,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":-7080000.0,"currency":"EUR","usd":-8256695.999999999,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-11020000.0,"currency":"EUR","usd":-12851524.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"Worse wages vs revenue: 50 to 41 of 100 (ratio 32% to 35%)."},{"season":"2024-25","grade":"C","score":62.4,"components":{"revenue":{"score":30,"leaguePct":21,"overallPct":44,"leagueN":30},"wages":{"score":59,"ratio":0.287},"trading":{"score":100,"avgNetSpendToRevenue":-0.044,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":60000000.0,"currency":"USD","usd":60000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes Soccer Team Valuations — New England Revolution (MLS 2026 valuations cycle; Justin Birnbaum)","url":"https://www.forbes.com/sites/justinbirnbaum/2026/02/13/the-most-valuable-mls-teams-2026/"},"wages":{"value":17194922.0,"currency":"USD","usd":17194922.0,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":-7080000.0,"currency":"EUR","usd":-8256695.999999999,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-11020000.0,"currency":"EUR","usd":-12851524.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":11410000.0,"currency":"EUR","usd":13306342.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better wages vs revenue: 41 to 59 of 100 (ratio 35% to 29%)."},{"season":"current","grade":"C","score":54.9,"components":{"revenue":{"score":34},"wages":{"score":48},"trading":{"score":86}},"missing":["Debt load"],"live":true,"reason":"Worse wages vs revenue: 59 to 48 of 100."}],"nycfc":[{"season":"2022-23","grade":"B","score":66.7,"components":{"revenue":{"score":40,"leaguePct":50,"overallPct":24,"leagueN":29},"wages":{"score":79,"ratio":0.22},"trading":{"score":75,"avgNetSpendToRevenue":0.082,"seasons":["2020-21","2021-22","2022-23"]}},"missing":["debt"],"inputs":{"revenue":{"value":68000000.0,"currency":"USD","usd":68000000.0,"confidence":"estimated","season":"2022-23","asOf":"2024-01-24","source":"Sportico MLS Team Valuations 2024 (Kurt Badenhausen, 24 Jan 2024) — New York City FC team revenue","url":"https://www.sportico.com/valuations/teams/2024/mls-team-values-messi-average-700-million-1234763902/"},"wages":{"value":14965285.0,"currency":"USD","usd":14965285.0,"confidence":"estimated","season":"2022-23","asOf":"2023-10-18","source":"MLSPA via KC Soccer Journal (final 2023 salary guide)","url":"https://kcsoccerjournal.com/10/18/2023/final-2023-mls-salaries-released-miami-messi-alba-insgine-vela-pukki/"},"netTransfers":[{"value":6800000.0,"currency":"EUR","usd":7930159.999999999,"confidence":"reported","season":"2020-21","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2020&saison_id_bis=2020&art=0"},{"value":8004000.0,"currency":"EUR","usd":9334264.799999999,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":581000.0,"currency":"EUR","usd":677562.2,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2023-24","grade":"B","score":77.4,"components":{"revenue":{"score":53,"leaguePct":64,"overallPct":35,"leagueN":29},"wages":{"score":82,"ratio":0.209},"trading":{"score":95,"avgNetSpendToRevenue":0.016,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":79000000.0,"currency":"USD","usd":78999999.99999999,"confidence":"estimated","season":"2023-24","asOf":"2025-01-30","source":"Sportico MLS Team Values 2025 (Kurt Badenhausen, 30 Jan 2025) — New York City FC team revenue","url":"https://www.sportico.com/valuations/teams/2025/mls-team-values-2025-lafc-inter-miami-1234825738/"},"wages":{"value":16542203.0,"currency":"USD","usd":16542203.0,"confidence":"estimated","season":"2023-24","asOf":"2024-04-25","source":"MLSPA via Associated Press (2024 guaranteed compensation)","url":"https://apnews.com/2024-major-league-soccer-payrolls-list-af5b2cab2b6cf0fa46d4cccb6218c02f"},"netTransfers":[{"value":8004000.0,"currency":"EUR","usd":9334264.799999999,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":581000.0,"currency":"EUR","usd":677562.2,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-4990000.0,"currency":"EUR","usd":-5819338.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"Better net transfer spend vs revenue: 75 to 95 of 100 (avg 8% to 2% of revenue)."},{"season":"2024-25","grade":"A","score":88.4,"components":{"revenue":{"score":67,"leaguePct":72,"overallPct":59,"leagueN":30},"wages":{"score":95,"ratio":0.166},"trading":{"score":100,"avgNetSpendToRevenue":-0.087,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":90000000.0,"currency":"USD","usd":90000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes Soccer Team Valuations — New York City FC (MLS 2026 valuations cycle; Justin Birnbaum)","url":"https://www.forbes.com/teams/new-york-city-fc/"},"wages":{"value":14963973.0,"currency":"USD","usd":14963973.0,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":581000.0,"currency":"EUR","usd":677562.2,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-4990000.0,"currency":"EUR","usd":-5819338.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-15290000.0,"currency":"EUR","usd":-17831198.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better wages vs revenue: 82 to 95 of 100 (ratio 21% to 17%)."},{"season":"current","grade":"B","score":79.9,"components":{"revenue":{"score":70},"wages":{"score":73},"trading":{"score":100}},"missing":["Debt load"],"live":true,"reason":"Worse wages vs revenue: 95 to 73 of 100."}],"orlando-city":[{"season":"2022-23","grade":"C","score":57.9,"components":{"revenue":{"score":8,"leaguePct":11,"overallPct":5,"leagueN":29},"wages":{"score":85,"ratio":0.201},"trading":{"score":67,"avgNetSpendToRevenue":0.112,"seasons":["2020-21","2021-22","2022-23"]}},"missing":["debt"],"inputs":{"revenue":{"value":48000000.0,"currency":"USD","usd":48000000.0,"confidence":"estimated","season":"2022-23","asOf":"2024-01-24","source":"Sportico MLS Team Valuations 2024 (Kurt Badenhausen, 24 Jan 2024) — Orlando City SC team revenue","url":"https://www.sportico.com/valuations/teams/2024/mls-team-values-messi-average-700-million-1234763902/"},"wages":{"value":9642918.0,"currency":"USD","usd":9642918.0,"confidence":"estimated","season":"2022-23","asOf":"2023-10-18","source":"MLSPA via KC Soccer Journal (final 2023 salary guide)","url":"https://kcsoccerjournal.com/10/18/2023/final-2023-mls-salaries-released-miami-messi-alba-insgine-vela-pukki/"},"netTransfers":[{"value":3110000.0,"currency":"EUR","usd":3626881.9999999995,"confidence":"reported","season":"2020-21","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2020&saison_id_bis=2020&art=0"},{"value":5940000.0,"currency":"EUR","usd":6927228.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":5700000.0,"currency":"EUR","usd":6647340.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2023-24","grade":"C","score":53.7,"components":{"revenue":{"score":24,"leaguePct":29,"overallPct":17,"leagueN":29},"wages":{"score":64,"ratio":0.269},"trading":{"score":68,"avgNetSpendToRevenue":0.106,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":56000000.0,"currency":"USD","usd":56000000.00000001,"confidence":"estimated","season":"2023-24","asOf":"2025-01-30","source":"Sportico MLS Team Values 2025 (Kurt Badenhausen, 30 Jan 2025) — Orlando City SC team revenue","url":"https://www.sportico.com/valuations/teams/2025/mls-team-values-2025-lafc-inter-miami-1234825738/"},"wages":{"value":15066500.0,"currency":"USD","usd":15066500.000000002,"confidence":"estimated","season":"2023-24","asOf":"2024-04-25","source":"MLSPA via Associated Press (2024 guaranteed compensation)","url":"https://apnews.com/2024-major-league-soccer-payrolls-list-af5b2cab2b6cf0fa46d4cccb6218c02f"},"netTransfers":[{"value":5940000.0,"currency":"EUR","usd":6927228.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":5700000.0,"currency":"EUR","usd":6647340.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":5500000.0,"currency":"EUR","usd":6414100.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"Worse wages vs revenue: 85 to 64 of 100 (ratio 20% to 27%)."},{"season":"2024-25","grade":"C","score":50.0,"components":{"revenue":{"score":20,"leaguePct":7,"overallPct":40,"leagueN":30},"wages":{"score":46,"ratio":0.329},"trading":{"score":86,"avgNetSpendToRevenue":0.046,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":50000000.0,"currency":"USD","usd":50000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes Soccer Team Valuations — Orlando City SC (MLS 2026 valuations cycle; Justin Birnbaum)","url":"https://www.forbes.com/sites/justinbirnbaum/2026/02/13/the-most-valuable-mls-teams-2026/"},"wages":{"value":16440785.0,"currency":"USD","usd":16440785.0,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":5700000.0,"currency":"EUR","usd":6647340.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":5500000.0,"currency":"EUR","usd":6414100.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-5350000.0,"currency":"EUR","usd":-6239170.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Worse wages vs revenue: 64 to 46 of 100 (ratio 27% to 33%)."},{"season":"current","grade":"C","score":62.1,"components":{"revenue":{"score":25},"wages":{"score":63},"trading":{"score":98}},"missing":["Debt load"],"live":true,"reason":"Better wages vs revenue: 46 to 63 of 100."}],"philadelphia-union":[{"season":"2022-23","grade":"A","score":82.6,"components":{"revenue":{"score":54,"leaguePct":68,"overallPct":33,"leagueN":29},"wages":{"score":90,"ratio":0.185},"trading":{"score":100,"avgNetSpendToRevenue":-0.101,"seasons":["2020-21","2021-22","2022-23"]}},"missing":["debt"],"inputs":{"revenue":{"value":72000000.0,"currency":"USD","usd":72000000.0,"confidence":"estimated","season":"2022-23","asOf":"2024-01-24","source":"Sportico MLS Team Valuations 2024 (Kurt Badenhausen, 24 Jan 2024) — Philadelphia Union team revenue","url":"https://www.sportico.com/valuations/teams/2024/mls-team-values-messi-average-700-million-1234763902/"},"wages":{"value":13291457.0,"currency":"USD","usd":13291457.0,"confidence":"estimated","season":"2022-23","asOf":"2023-10-18","source":"MLSPA via KC Soccer Journal (final 2023 salary guide)","url":"https://kcsoccerjournal.com/10/18/2023/final-2023-mls-salaries-released-miami-messi-alba-insgine-vela-pukki/"},"netTransfers":[{"value":-17300000.0,"currency":"EUR","usd":-20175260.0,"confidence":"reported","season":"2020-21","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2020&saison_id_bis=2020&art=0"},{"value":1090000.0,"currency":"EUR","usd":1271158.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":-3780000.0,"currency":"EUR","usd":-4408236.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2023-24","grade":"B","score":73.3,"components":{"revenue":{"score":38,"leaguePct":46,"overallPct":25,"leagueN":29},"wages":{"score":79,"ratio":0.221},"trading":{"score":100,"avgNetSpendToRevenue":-0.009,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":67000000.0,"currency":"USD","usd":67000000.0,"confidence":"estimated","season":"2023-24","asOf":"2025-01-30","source":"Sportico MLS Team Values 2025 (Kurt Badenhausen, 30 Jan 2025) — Philadelphia Union team revenue","url":"https://www.sportico.com/valuations/teams/2025/mls-team-values-2025-lafc-inter-miami-1234825738/"},"wages":{"value":14821159.0,"currency":"USD","usd":14821159.0,"confidence":"estimated","season":"2023-24","asOf":"2024-04-25","source":"MLSPA via Associated Press (2024 guaranteed compensation)","url":"https://apnews.com/2024-major-league-soccer-payrolls-list-af5b2cab2b6cf0fa46d4cccb6218c02f"},"netTransfers":[{"value":1090000.0,"currency":"EUR","usd":1271158.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":-3780000.0,"currency":"EUR","usd":-4408236.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":959000.0,"currency":"EUR","usd":1118385.7999999998,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"Worse wages vs revenue: 90 to 79 of 100 (ratio 18% to 22%)."},{"season":"2024-25","grade":"A","score":85.0,"components":{"revenue":{"score":55,"leaguePct":55,"overallPct":54,"leagueN":30},"wages":{"score":95,"ratio":0.167},"trading":{"score":100,"avgNetSpendToRevenue":-0.02,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":80000000.0,"currency":"USD","usd":80000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes Soccer Team Valuations — Philadelphia Union (MLS 2026 valuations cycle; Justin Birnbaum)","url":"https://www.forbes.com/sites/justinbirnbaum/2026/02/13/the-most-valuable-mls-teams-2026/"},"wages":{"value":13365549.0,"currency":"USD","usd":13365549.0,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":-3780000.0,"currency":"EUR","usd":-4408236.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":959000.0,"currency":"EUR","usd":1118385.7999999998,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-1260000.0,"currency":"EUR","usd":-1469412.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better wages vs revenue: 79 to 95 of 100 (ratio 22% to 17%)."},{"season":"current","grade":"A","score":86.6,"components":{"revenue":{"score":58},"wages":{"score":100},"trading":{"score":95}},"missing":["Debt load"],"live":true,"reason":"Better wages vs revenue: 95 to 100 of 100."}],"portland-timbers":[{"season":"2022-23","grade":"C","score":64.6,"components":{"revenue":{"score":42,"leaguePct":54,"overallPct":26,"leagueN":29},"wages":{"score":74,"ratio":0.235},"trading":{"score":73,"avgNetSpendToRevenue":0.091,"seasons":["2020-21","2021-22","2022-23"]}},"missing":["debt"],"inputs":{"revenue":{"value":69000000.0,"currency":"USD","usd":69000000.0,"confidence":"estimated","season":"2022-23","asOf":"2024-01-24","source":"Sportico MLS Team Valuations 2024 (Kurt Badenhausen, 24 Jan 2024) — Portland Timbers team revenue","url":"https://www.sportico.com/valuations/teams/2024/mls-team-values-messi-average-700-million-1234763902/"},"wages":{"value":16215874.0,"currency":"USD","usd":16215874.0,"confidence":"estimated","season":"2022-23","asOf":"2023-10-18","source":"MLSPA via KC Soccer Journal (final 2023 salary guide)","url":"https://kcsoccerjournal.com/10/18/2023/final-2023-mls-salaries-released-miami-messi-alba-insgine-vela-pukki/"},"netTransfers":[{"value":1771000.0,"currency":"EUR","usd":2065340.2,"confidence":"reported","season":"2020-21","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2020&saison_id_bis=2020&art=0"},{"value":4980000.0,"currency":"EUR","usd":5807676.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":10480000.0,"currency":"EUR","usd":12221776.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2023-24","grade":"C","score":64.7,"components":{"revenue":{"score":43,"leaguePct":54,"overallPct":28,"leagueN":29},"wages":{"score":79,"ratio":0.22},"trading":{"score":65,"avgNetSpendToRevenue":0.119,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":70000000.0,"currency":"USD","usd":70000000.0,"confidence":"estimated","season":"2023-24","asOf":"2025-01-30","source":"Sportico MLS Team Values 2025 (Kurt Badenhausen, 30 Jan 2025) — Portland Timbers team revenue","url":"https://www.sportico.com/valuations/teams/2025/mls-team-values-2025-lafc-inter-miami-1234825738/"},"wages":{"value":15367900.0,"currency":"USD","usd":15367900.0,"confidence":"estimated","season":"2023-24","asOf":"2024-04-25","source":"MLSPA via Associated Press (2024 guaranteed compensation)","url":"https://apnews.com/2024-major-league-soccer-payrolls-list-af5b2cab2b6cf0fa46d4cccb6218c02f"},"netTransfers":[{"value":4980000.0,"currency":"EUR","usd":5807676.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":10480000.0,"currency":"EUR","usd":12221776.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":8510000.0,"currency":"EUR","usd":9924362.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"Worse net transfer spend vs revenue: 73 to 65 of 100 (avg 9% to 12% of revenue)."},{"season":"2024-25","grade":"C","score":54.9,"components":{"revenue":{"score":40,"leaguePct":34,"overallPct":49,"leagueN":30},"wages":{"score":60,"ratio":0.284},"trading":{"score":62,"avgNetSpendToRevenue":0.131,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":69000000.0,"currency":"USD","usd":69000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes Soccer Team Valuations — Portland Timbers (MLS 2026 valuations cycle; Justin Birnbaum)","url":"https://www.forbes.com/sites/justinbirnbaum/2026/02/13/the-most-valuable-mls-teams-2026/"},"wages":{"value":19565541.0,"currency":"USD","usd":19565541.0,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":10480000.0,"currency":"EUR","usd":12221776.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":8510000.0,"currency":"EUR","usd":9924362.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":3950000.0,"currency":"EUR","usd":4606490.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Worse wages vs revenue: 79 to 60 of 100 (ratio 22% to 28%)."},{"season":"current","grade":"C","score":61.6,"components":{"revenue":{"score":44},"wages":{"score":65},"trading":{"score":74}},"missing":["Debt load"],"live":true,"reason":"Better net transfer spend vs revenue: 62 to 74 of 100."}],"real-salt-lake":[{"season":"2022-23","grade":"C","score":60.7,"components":{"revenue":{"score":25,"leaguePct":32,"overallPct":16,"leagueN":29},"wages":{"score":67,"ratio":0.26},"trading":{"score":87,"avgNetSpendToRevenue":0.043,"seasons":["2020-21","2021-22","2022-23"]}},"missing":["debt"],"inputs":{"revenue":{"value":55000000.0,"currency":"USD","usd":55000000.0,"confidence":"estimated","season":"2022-23","asOf":"2024-01-24","source":"Sportico MLS Team Valuations 2024 (Kurt Badenhausen, 24 Jan 2024) — Real Salt Lake team revenue","url":"https://www.sportico.com/valuations/teams/2024/mls-team-values-messi-average-700-million-1234763902/"},"wages":{"value":14285938.0,"currency":"USD","usd":14285938.0,"confidence":"estimated","season":"2022-23","asOf":"2023-10-18","source":"MLSPA via KC Soccer Journal (final 2023 salary guide)","url":"https://kcsoccerjournal.com/10/18/2023/final-2023-mls-salaries-released-miami-messi-alba-insgine-vela-pukki/"},"netTransfers":[{"value":635000.0,"currency":"EUR","usd":740537.0,"confidence":"reported","season":"2020-21","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2020&saison_id_bis=2020&art=0"},{"value":2820000.0,"currency":"EUR","usd":3288684.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":3009000.0,"currency":"EUR","usd":3509095.8,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2023-24","grade":"C","score":55.3,"components":{"revenue":{"score":18,"leaguePct":21,"overallPct":14,"leagueN":29},"wages":{"score":71,"ratio":0.247},"trading":{"score":69,"avgNetSpendToRevenue":0.106,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":55000000.0,"currency":"USD","usd":55000000.0,"confidence":"estimated","season":"2023-24","asOf":"2025-01-30","source":"Sportico MLS Team Values 2025 (Kurt Badenhausen, 30 Jan 2025) — Real Salt Lake team revenue","url":"https://www.sportico.com/valuations/teams/2025/mls-team-values-2025-lafc-inter-miami-1234825738/"},"wages":{"value":13604922.0,"currency":"USD","usd":13604922.0,"confidence":"estimated","season":"2023-24","asOf":"2024-04-25","source":"MLSPA via Associated Press (2024 guaranteed compensation)","url":"https://apnews.com/2024-major-league-soccer-payrolls-list-af5b2cab2b6cf0fa46d4cccb6218c02f"},"netTransfers":[{"value":2820000.0,"currency":"EUR","usd":3288684.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":3009000.0,"currency":"EUR","usd":3509095.8,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":10930000.0,"currency":"EUR","usd":12746566.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"Worse net transfer spend vs revenue: 87 to 69 of 100 (avg 4% to 11% of revenue)."},{"season":"2024-25","grade":"C","score":63.1,"components":{"revenue":{"score":25,"leaguePct":14,"overallPct":42,"leagueN":30},"wages":{"score":70,"ratio":0.248},"trading":{"score":91,"avgNetSpendToRevenue":0.029,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":54000000.0,"currency":"USD","usd":54000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes Soccer Team Valuations — Real Salt Lake (MLS 2026 valuations cycle; Justin Birnbaum)","url":"https://www.forbes.com/sites/justinbirnbaum/2026/02/13/the-most-valuable-mls-teams-2026/"},"wages":{"value":13413886.0,"currency":"USD","usd":13413886.0,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":3009000.0,"currency":"EUR","usd":3509095.8,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":10930000.0,"currency":"EUR","usd":12746566.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-10020000.0,"currency":"EUR","usd":-11685324.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better net transfer spend vs revenue: 69 to 91 of 100 (avg 11% to 3% of revenue)."},{"season":"current","grade":"C","score":55.7,"components":{"revenue":{"score":30},"wages":{"score":60},"trading":{"score":75}},"missing":["Debt load"],"live":true,"reason":"Worse net transfer spend vs revenue: 91 to 75 of 100."}],"new-york-red-bulls":[{"season":"2022-23","grade":"C","score":60.9,"components":{"revenue":{"score":17,"leaguePct":21,"overallPct":10,"leagueN":29},"wages":{"score":82,"ratio":0.21},"trading":{"score":73,"avgNetSpendToRevenue":0.089,"seasons":["2020-21","2021-22","2022-23"]}},"missing":["debt"],"inputs":{"revenue":{"value":54000000.0,"currency":"USD","usd":54000000.0,"confidence":"estimated","season":"2022-23","asOf":"2024-01-24","source":"Sportico MLS Team Valuations 2024 (Kurt Badenhausen, 24 Jan 2024) — New York Red Bulls team revenue","url":"https://www.sportico.com/valuations/teams/2024/mls-team-values-messi-average-700-million-1234763902/"},"wages":{"value":11331027.0,"currency":"USD","usd":11331027.0,"confidence":"estimated","season":"2022-23","asOf":"2023-10-18","source":"MLSPA via KC Soccer Journal (final 2023 salary guide)","url":"https://kcsoccerjournal.com/10/18/2023/final-2023-mls-salaries-released-miami-messi-alba-insgine-vela-pukki/"},"netTransfers":[{"value":4927000.0,"currency":"EUR","usd":5745867.399999999,"confidence":"reported","season":"2020-21","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2020&saison_id_bis=2020&art=0"},{"value":3230000.0,"currency":"EUR","usd":3766825.9999999995,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":5000000.0,"currency":"EUR","usd":5831000.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2023-24","grade":"C","score":51.9,"components":{"revenue":{"score":24,"leaguePct":29,"overallPct":17,"leagueN":29},"wages":{"score":53,"ratio":0.306},"trading":{"score":78,"avgNetSpendToRevenue":0.073,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":56000000.0,"currency":"USD","usd":56000000.00000001,"confidence":"estimated","season":"2023-24","asOf":"2025-01-30","source":"Sportico MLS Team Values 2025 (Kurt Badenhausen, 30 Jan 2025) — New York Red Bulls team revenue","url":"https://www.sportico.com/valuations/teams/2025/mls-team-values-2025-lafc-inter-miami-1234825738/"},"wages":{"value":17111222.0,"currency":"USD","usd":17111222.0,"confidence":"estimated","season":"2023-24","asOf":"2024-04-25","source":"MLSPA via Associated Press (2024 guaranteed compensation)","url":"https://apnews.com/2024-major-league-soccer-payrolls-list-af5b2cab2b6cf0fa46d4cccb6218c02f"},"netTransfers":[{"value":3230000.0,"currency":"EUR","usd":3766825.9999999995,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":5000000.0,"currency":"EUR","usd":5831000.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":3610000.0,"currency":"EUR","usd":4209982.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"Worse wages vs revenue: 82 to 53 of 100 (ratio 21% to 31%)."},{"season":"2024-25","grade":"B","score":67.6,"components":{"revenue":{"score":50,"leaguePct":48,"overallPct":52,"leagueN":30},"wages":{"score":59,"ratio":0.287},"trading":{"score":98,"avgNetSpendToRevenue":0.005,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":75000000.0,"currency":"USD","usd":75000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes Soccer Team Valuations — New York Red Bulls (MLS 2026 valuations cycle; Justin Birnbaum)","url":"https://www.forbes.com/sites/justinbirnbaum/2026/02/13/the-most-valuable-mls-teams-2026/"},"wages":{"value":21542277.0,"currency":"USD","usd":21542277.0,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":5000000.0,"currency":"EUR","usd":5831000.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":3610000.0,"currency":"EUR","usd":4209982.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-7580000.0,"currency":"EUR","usd":-8839796.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better revenue scale: 24 to 50 of 100."},{"season":"current","grade":"B","score":68.6,"components":{"revenue":{"score":53},"wages":{"score":58},"trading":{"score":100}},"missing":["Debt load"],"live":true,"reason":"Better revenue scale: 50 to 53 of 100."}],"san-jose-earthquakes":[{"season":"2022-23","grade":"C","score":55.6,"components":{"revenue":{"score":14,"leaguePct":18,"overallPct":9,"leagueN":29},"wages":{"score":59,"ratio":0.286},"trading":{"score":92,"avgNetSpendToRevenue":0.025,"seasons":["2020-21","2021-22","2022-23"]}},"missing":["debt"],"inputs":{"revenue":{"value":51000000.0,"currency":"USD","usd":51000000.0,"confidence":"estimated","season":"2022-23","asOf":"2024-01-24","source":"Sportico MLS Team Valuations 2024 (Kurt Badenhausen, 24 Jan 2024) — San Jose Earthquakes team revenue","url":"https://www.sportico.com/valuations/teams/2024/mls-team-values-messi-average-700-million-1234763902/"},"wages":{"value":14600008.0,"currency":"USD","usd":14600008.0,"confidence":"estimated","season":"2022-23","asOf":"2023-10-18","source":"MLSPA via KC Soccer Journal (final 2023 salary guide)","url":"https://kcsoccerjournal.com/10/18/2023/final-2023-mls-salaries-released-miami-messi-alba-insgine-vela-pukki/"},"netTransfers":[{"value":0.0,"currency":"EUR","usd":0.0,"confidence":"reported","season":"2020-21","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2020&saison_id_bis=2020&art=0"},{"value":1288000.0,"currency":"EUR","usd":1502065.5999999999,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":2280000.0,"currency":"EUR","usd":2658936.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2023-24","grade":"C","score":59.3,"components":{"revenue":{"score":16,"leaguePct":18,"overallPct":12,"leagueN":29},"wages":{"score":69,"ratio":0.252},"trading":{"score":88,"avgNetSpendToRevenue":0.041,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":54000000.0,"currency":"USD","usd":54000000.0,"confidence":"estimated","season":"2023-24","asOf":"2025-01-30","source":"Sportico MLS Team Values 2025 (Kurt Badenhausen, 30 Jan 2025) — San Jose Earthquakes team revenue","url":"https://www.sportico.com/valuations/teams/2025/mls-team-values-2025-lafc-inter-miami-1234825738/"},"wages":{"value":13628412.0,"currency":"USD","usd":13628412.0,"confidence":"estimated","season":"2023-24","asOf":"2024-04-25","source":"MLSPA via Associated Press (2024 guaranteed compensation)","url":"https://apnews.com/2024-major-league-soccer-payrolls-list-af5b2cab2b6cf0fa46d4cccb6218c02f"},"netTransfers":[{"value":1288000.0,"currency":"EUR","usd":1502065.5999999999,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":2280000.0,"currency":"EUR","usd":2658936.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":2880000.0,"currency":"EUR","usd":3358656.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"Better wages vs revenue: 59 to 69 of 100 (ratio 29% to 25%)."},{"season":"2024-25","grade":"B","score":65.0,"components":{"revenue":{"score":35,"leaguePct":28,"overallPct":47,"leagueN":30},"wages":{"score":69,"ratio":0.253},"trading":{"score":89,"avgNetSpendToRevenue":0.035,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":68000000.0,"currency":"USD","usd":68000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes Soccer Team Valuations — San Jose Earthquakes (MLS 2026 valuations cycle; Justin Birnbaum)","url":"https://www.forbes.com/sites/justinbirnbaum/2026/02/13/the-most-valuable-mls-teams-2026/"},"wages":{"value":17190978.0,"currency":"USD","usd":17190978.0,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":2280000.0,"currency":"EUR","usd":2658936.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":2880000.0,"currency":"EUR","usd":3358656.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":880000.0,"currency":"EUR","usd":1026255.9999999999,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better revenue scale: 16 to 35 of 100."},{"season":"current","grade":"B","score":70.1,"components":{"revenue":{"score":39},"wages":{"score":75},"trading":{"score":94}},"missing":["Debt load"],"live":true,"reason":"Better wages vs revenue: 69 to 75 of 100."}],"seattle-sounders":[{"season":"2022-23","grade":"B","score":73.7,"components":{"revenue":{"score":59,"leaguePct":75,"overallPct":36,"leagueN":29},"wages":{"score":70,"ratio":0.249},"trading":{"score":94,"avgNetSpendToRevenue":0.018,"seasons":["2020-21","2021-22","2022-23"]}},"missing":["debt"],"inputs":{"revenue":{"value":77000000.0,"currency":"USD","usd":77000000.0,"confidence":"estimated","season":"2022-23","asOf":"2024-01-24","source":"Sportico MLS Team Valuations 2024 (Kurt Badenhausen, 24 Jan 2024) — Seattle Sounders FC team revenue","url":"https://www.sportico.com/valuations/teams/2024/mls-team-values-messi-average-700-million-1234763902/"},"wages":{"value":19185352.0,"currency":"USD","usd":19185352.0,"confidence":"estimated","season":"2022-23","asOf":"2023-10-18","source":"MLSPA via KC Soccer Journal (final 2023 salary guide)","url":"https://kcsoccerjournal.com/10/18/2023/final-2023-mls-salaries-released-miami-messi-alba-insgine-vela-pukki/"},"netTransfers":[{"value":2202000.0,"currency":"EUR","usd":2567972.4,"confidence":"reported","season":"2020-21","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2020&saison_id_bis=2020&art=0"},{"value":1488000.0,"currency":"EUR","usd":1735305.5999999999,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":198000.0,"currency":"EUR","usd":230907.59999999998,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2023-24","grade":"B","score":78.7,"components":{"revenue":{"score":58,"leaguePct":71,"overallPct":38,"leagueN":29},"wages":{"score":85,"ratio":0.2},"trading":{"score":90,"avgNetSpendToRevenue":0.033,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":83000000.0,"currency":"USD","usd":83000000.0,"confidence":"estimated","season":"2023-24","asOf":"2025-01-30","source":"Sportico MLS Team Values 2025 (Kurt Badenhausen, 30 Jan 2025) — Seattle Sounders FC team revenue","url":"https://www.sportico.com/valuations/teams/2025/mls-team-values-2025-lafc-inter-miami-1234825738/"},"wages":{"value":16580599.0,"currency":"USD","usd":16580599.000000002,"confidence":"estimated","season":"2023-24","asOf":"2024-04-25","source":"MLSPA via Associated Press (2024 guaranteed compensation)","url":"https://apnews.com/2024-major-league-soccer-payrolls-list-af5b2cab2b6cf0fa46d4cccb6218c02f"},"netTransfers":[{"value":1488000.0,"currency":"EUR","usd":1735305.5999999999,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":198000.0,"currency":"EUR","usd":230907.59999999998,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":6330000.0,"currency":"EUR","usd":7382045.999999999,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"Better wages vs revenue: 70 to 85 of 100 (ratio 25% to 20%)."},{"season":"2024-25","grade":"A","score":87.3,"components":{"revenue":{"score":77,"leaguePct":86,"overallPct":63,"leagueN":30},"wages":{"score":91,"ratio":0.181},"trading":{"score":92,"avgNetSpendToRevenue":0.027,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":100000000.0,"currency":"USD","usd":100000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes Soccer Team Valuations — Seattle Sounders team page (MLS 2026 valuations cycle; Justin Birnbaum)","url":"https://www.forbes.com/teams/seattle-sounders/"},"wages":{"value":18088581.0,"currency":"USD","usd":18088581.0,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":198000.0,"currency":"EUR","usd":230907.59999999998,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":6330000.0,"currency":"EUR","usd":7382045.999999999,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":200000.0,"currency":"EUR","usd":233239.99999999997,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better revenue scale: 58 to 77 of 100."},{"season":"current","grade":"A","score":88.9,"components":{"revenue":{"score":79},"wages":{"score":88},"trading":{"score":100}},"missing":["Debt load"],"live":true,"reason":"Better net transfer spend vs revenue: 92 to 100 of 100."}],"st-louis-city":[{"season":"2024-25","grade":"B","score":72.4,"components":{"revenue":{"score":50,"leaguePct":48,"overallPct":52,"leagueN":30},"wages":{"score":73,"ratio":0.241},"trading":{"score":94,"avgNetSpendToRevenue":0.02,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":75000000.0,"currency":"USD","usd":75000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes Soccer Team Valuations — St. Louis City SC (MLS 2026 valuations cycle; Justin Birnbaum)","url":"https://www.forbes.com/sites/justinbirnbaum/2026/02/13/the-most-valuable-mls-teams-2026/"},"wages":{"value":18106711.0,"currency":"USD","usd":18106711.0,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":5238000.0,"currency":"EUR","usd":6108555.6,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-730000.0,"currency":"EUR","usd":-851326.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-690000.0,"currency":"EUR","usd":-804678.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"B","score":71.7,"components":{"revenue":{"score":53},"wages":{"score":70},"trading":{"score":93}},"missing":["Debt load"],"live":true,"reason":"Worse wages vs revenue: 73 to 70 of 100."}],"toronto-fc":[{"season":"2022-23","grade":"D","score":45.9,"components":{"revenue":{"score":48,"leaguePct":61,"overallPct":29,"leagueN":29},"wages":{"score":13,"ratio":0.461},"trading":{"score":93,"avgNetSpendToRevenue":0.025,"seasons":["2020-21","2021-22","2022-23"]}},"missing":["debt"],"inputs":{"revenue":{"value":70000000.0,"currency":"USD","usd":70000000.0,"confidence":"estimated","season":"2022-23","asOf":"2024-01-24","source":"Sportico MLS Team Valuations 2024 (Kurt Badenhausen, 24 Jan 2024) — Toronto FC team revenue","url":"https://www.sportico.com/valuations/teams/2024/mls-team-values-messi-average-700-million-1234763902/"},"wages":{"value":32292886.0,"currency":"USD","usd":32292886.0,"confidence":"estimated","season":"2022-23","asOf":"2023-10-18","source":"MLSPA via KC Soccer Journal (final 2023 salary guide)","url":"https://kcsoccerjournal.com/10/18/2023/final-2023-mls-salaries-released-miami-messi-alba-insgine-vela-pukki/"},"netTransfers":[{"value":5855000.0,"currency":"EUR","usd":6828101.0,"confidence":"reported","season":"2020-21","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2020&saison_id_bis=2020&art=0"},{"value":-699000.0,"currency":"EUR","usd":-815173.7999999999,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":-420000.0,"currency":"EUR","usd":-489803.99999999994,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2023-24","grade":"C","score":52.4,"components":{"revenue":{"score":50,"leaguePct":61,"overallPct":34,"leagueN":29},"wages":{"score":23,"ratio":0.419},"trading":{"score":99,"avgNetSpendToRevenue":0.004,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":75000000.0,"currency":"USD","usd":75000000.0,"confidence":"estimated","season":"2023-24","asOf":"2025-01-30","source":"Sportico MLS Team Values 2025 (Kurt Badenhausen, 30 Jan 2025) — Toronto FC team revenue","url":"https://www.sportico.com/valuations/teams/2025/mls-team-values-2025-lafc-inter-miami-1234825738/"},"wages":{"value":31410634.0,"currency":"USD","usd":31410634.0,"confidence":"estimated","season":"2023-24","asOf":"2024-04-25","source":"MLSPA via Associated Press (2024 guaranteed compensation)","url":"https://apnews.com/2024-major-league-soccer-payrolls-list-af5b2cab2b6cf0fa46d4cccb6218c02f"},"netTransfers":[{"value":-699000.0,"currency":"EUR","usd":-815173.7999999999,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":-420000.0,"currency":"EUR","usd":-489803.99999999994,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":2009000.0,"currency":"EUR","usd":2342895.8,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"Better wages vs revenue: 13 to 23 of 100 (ratio 46% to 42%)."},{"season":"2024-25","grade":"D","score":43.1,"components":{"revenue":{"score":40,"leaguePct":34,"overallPct":49,"leagueN":30},"wages":{"score":8,"ratio":0.495},"trading":{"score":99,"avgNetSpendToRevenue":0.002,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":69000000.0,"currency":"USD","usd":69000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes Soccer Team Valuations — Toronto FC team page (MLS 2026 valuations cycle; Justin Birnbaum)","url":"https://www.forbes.com/teams/toronto-fc/"},"wages":{"value":34146193.0,"currency":"USD","usd":34146193.0,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":-420000.0,"currency":"EUR","usd":-489803.99999999994,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":2009000.0,"currency":"EUR","usd":2342895.8,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-1280000.0,"currency":"EUR","usd":-1492736.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Worse wages vs revenue: 23 to 8 of 100 (ratio 42% to 50%)."},{"season":"current","grade":"C","score":50.9,"components":{"revenue":{"score":44},"wages":{"score":52},"trading":{"score":56}},"missing":["Debt load"],"live":true,"reason":"Better wages vs revenue: 8 to 52 of 100."}],"vancouver-whitecaps":[{"season":"2022-23","grade":"D","score":44.9,"components":{"revenue":{"score":3,"leaguePct":4,"overallPct":2,"leagueN":29},"wages":{"score":54,"ratio":0.303},"trading":{"score":73,"avgNetSpendToRevenue":0.089,"seasons":["2020-21","2021-22","2022-23"]}},"missing":["debt"],"inputs":{"revenue":{"value":45000000.0,"currency":"USD","usd":45000000.0,"confidence":"estimated","season":"2022-23","asOf":"2024-01-24","source":"Sportico MLS Team Valuations 2024 (Kurt Badenhausen, 24 Jan 2024) — Vancouver Whitecaps FC team revenue","url":"https://www.sportico.com/valuations/teams/2024/mls-team-values-messi-average-700-million-1234763902/"},"wages":{"value":13626865.0,"currency":"USD","usd":13626865.000000002,"confidence":"estimated","season":"2022-23","asOf":"2023-10-18","source":"MLSPA via KC Soccer Journal (final 2023 salary guide)","url":"https://kcsoccerjournal.com/10/18/2023/final-2023-mls-salaries-released-miami-messi-alba-insgine-vela-pukki/"},"netTransfers":[{"value":3720000.0,"currency":"EUR","usd":4338264.0,"confidence":"reported","season":"2020-21","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2020&saison_id_bis=2020&art=0"},{"value":5030000.0,"currency":"EUR","usd":5865986.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":2214000.0,"currency":"EUR","usd":2581966.8,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2023-24","grade":"D","score":47.7,"components":{"revenue":{"score":7,"leaguePct":7,"overallPct":8,"leagueN":29},"wages":{"score":48,"ratio":0.323},"trading":{"score":88,"avgNetSpendToRevenue":0.039,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":47000000.0,"currency":"USD","usd":47000000.0,"confidence":"estimated","season":"2023-24","asOf":"2025-01-30","source":"Sportico MLS Team Values 2025 (Kurt Badenhausen, 30 Jan 2025) — Vancouver Whitecaps FC team revenue","url":"https://www.sportico.com/valuations/teams/2025/mls-team-values-2025-lafc-inter-miami-1234825738/"},"wages":{"value":15203269.0,"currency":"USD","usd":15203269.0,"confidence":"estimated","season":"2023-24","asOf":"2024-04-25","source":"MLSPA via Associated Press (2024 guaranteed compensation)","url":"https://apnews.com/2024-major-league-soccer-payrolls-list-af5b2cab2b6cf0fa46d4cccb6218c02f"},"netTransfers":[{"value":5030000.0,"currency":"EUR","usd":5865986.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":2214000.0,"currency":"EUR","usd":2581966.8,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-2020000.0,"currency":"EUR","usd":-2355724.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"Better net transfer spend vs revenue: 73 to 88 of 100 (avg 9% to 4% of revenue)."},{"season":"2024-25","grade":"D","score":49.7,"components":{"revenue":{"score":15,"leaguePct":0,"overallPct":37,"leagueN":30},"wages":{"score":42,"ratio":0.344},"trading":{"score":96,"avgNetSpendToRevenue":0.014,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":46000000.0,"currency":"USD","usd":46000000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-02-13","source":"Forbes Soccer Team Valuations — Vancouver Whitecaps FC (MLS 2026 valuations cycle; Justin Birnbaum)","url":"https://www.forbes.com/sites/justinbirnbaum/2026/02/13/the-most-valuable-mls-teams-2026/"},"wages":{"value":15809224.0,"currency":"USD","usd":15809224.0,"confidence":"estimated","season":"2024-25","asOf":"2025-05-23","source":"MLSPA via Associated Press (2025 guaranteed compensation)","url":"https://apnews.com/article/list-of-2025-major-league-soccer-payrolls-80ae6f7975d5cf10509234671fde794f"},"netTransfers":[{"value":2214000.0,"currency":"EUR","usd":2581966.8,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-2020000.0,"currency":"EUR","usd":-2355724.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":1390000.0,"currency":"EUR","usd":1621018.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/major-league-soccer/einnahmenausgaben/wettbewerb/MLS1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Worse wages vs revenue: 48 to 42 of 100 (ratio 32% to 34%)."},{"season":"current","grade":"D","score":35.1,"components":{"revenue":{"score":20},"wages":{"score":2},"trading":{"score":100}},"missing":["Debt load"],"live":true,"reason":"Worse wages vs revenue: 42 to 2 of 100."}],"arsenal":[{"season":"2023-24","grade":"C","score":63.3,"components":{"revenue":{"score":85,"leaguePct":82,"overallPct":91,"leagueN":12},"wages":{"score":63,"ratio":0.274},"trading":{"score":42,"avgNetSpendToRevenue":0.216,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":716500000.0,"currency":"EUR","usd":745446600.0,"confidence":"reported","season":"2023-24","asOf":"2025-01-23","source":"Deloitte Football Money League 2025 (2023/24 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting/analysis/deloitte-football-money-league-2025.html"},"wages":{"value":166036000.0,"currency":"GBP","usd":211928947.8437306,"confidence":"estimated","season":"2023-24","asOf":"2024-02-03","source":"Capology via FBref / Planet Football (2023-24 PL ranking)","url":"https://www.planetfootball.com/quick-reads/premier-league-wage-bill-ranking-2023-24-man-utd-liverpool-arsenal"},"netTransfers":[{"value":136000000.0,"currency":"EUR","usd":158603200.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":162400000.0,"currency":"EUR","usd":189390880.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":165900000.0,"currency":"EUR","usd":193472580.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2024-25","grade":"B","score":69.2,"components":{"revenue":{"score":92,"leaguePct":89,"overallPct":97,"leagueN":19},"debt":{"score":58,"ratio":0.43},"wages":{"score":72,"ratio":0.245},"trading":{"score":59,"avgNetSpendToRevenue":0.143,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":821700000.0,"currency":"EUR","usd":963032400.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"netDebt":{"value":302300000.0,"currency":"GBP","usd":407486887.7793628,"confidence":"reported","season":"2024-25","asOf":"2025-05-31","source":"Greg Cordell analysis of Arsenal Holdings Ltd accounts YE 31 May 2025 — net financial debt","url":"https://gregcordell.substack.com/p/arsenal-fc-202425-financial-results"},"wages":{"value":172146000.0,"currency":"GBP","usd":233070826.63926765,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":162400000.0,"currency":"EUR","usd":189390880.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":165900000.0,"currency":"EUR","usd":193472580.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":23810000.0,"currency":"EUR","usd":27767222.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better net transfer spend vs revenue: 42 to 59 of 100 (avg 22% to 14% of revenue)."},{"season":"current","grade":"B","score":67.3,"components":{"revenue":{"score":93},"debt":{"score":58},"wages":{"score":73},"trading":{"score":47}},"missing":[],"live":true,"reason":"Worse net transfer spend vs revenue: 59 to 47 of 100."}],"aston-villa":[{"season":"2023-24","grade":"D","score":36.0,"components":{"revenue":{"score":51,"leaguePct":36,"overallPct":72,"leagueN":12},"wages":{"score":16,"ratio":0.447},"trading":{"score":51,"avgNetSpendToRevenue":0.176,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":310200000.0,"currency":"EUR","usd":322732080.0,"confidence":"reported","season":"2023-24","asOf":"2025-01-23","source":"Deloitte Football Money League 2025 (2023/24 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting/analysis/deloitte-football-money-league-2025.html"},"wages":{"value":117000000.0,"currency":"GBP","usd":149339220.99855742,"confidence":"estimated","season":"2023-24","asOf":"2024-02-03","source":"Capology via FBref / Planet Football (2023-24 PL ranking)","url":"https://www.planetfootball.com/quick-reads/premier-league-wage-bill-ranking-2023-24-man-utd-liverpool-arsenal"},"netTransfers":[{"value":2800000.0,"currency":"EUR","usd":3265360.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":59000000.0,"currency":"EUR","usd":68805800.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":101940000.0,"currency":"EUR","usd":118882427.99999999,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2024-25","grade":"B","score":67.7,"components":{"revenue":{"score":77,"leaguePct":67,"overallPct":93,"leagueN":19},"debt":{"score":64,"ratio":0.358},"wages":{"score":61,"ratio":0.279},"trading":{"score":74,"avgNetSpendToRevenue":0.087,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":450200000.0,"currency":"EUR","usd":527634400.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"netDebt":{"value":138000000.0,"currency":"GBP","usd":189054354.17884278,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Matchday Finance on NSWE Sports Ltd YE 30 Jun 2025 — net debt after cash","url":"https://www.matchdayfinance.com/post/aston-villa-financial-results-2024-25"},"wages":{"value":107536000.0,"currency":"GBP","usd":145594462.9179899,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":59000000.0,"currency":"EUR","usd":68805800.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":101940000.0,"currency":"EUR","usd":118882427.99999999,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-42970000.0,"currency":"EUR","usd":-50111614.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better wages vs revenue: 16 to 61 of 100 (ratio 45% to 28%)."},{"season":"current","grade":"B","score":66.5,"components":{"revenue":{"score":79},"debt":{"score":64},"wages":{"score":51},"trading":{"score":81}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 61 to 51 of 100."}],"bournemouth":[{"season":"2024-25","grade":"C","score":56.7,"components":{"revenue":{"score":51,"leaguePct":28,"overallPct":86,"leagueN":19},"debt":{"score":98,"ratio":0.021},"wages":{"score":57,"ratio":0.293},"trading":{"score":0,"avgNetSpendToRevenue":0.459,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":218500000.0,"currency":"EUR","usd":256082000.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"netDebt":{"value":4000000.0,"currency":"GBP","usd":5479836.3530099355,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Kieran Maguire on AFC Bournemouth Limited YE 30 Jun 2025 accounts — labelled net debt","url":"https://www.linkedin.com/posts/kieran-maguire-a085033_afc-bournemouth-202425-accounts-key-figures-activity-7444175156287127552-wg5A"},"wages":{"value":54704000.0,"currency":"GBP","usd":74064494.67588267,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":93400000.0,"currency":"EUR","usd":108923080.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":128390000.0,"currency":"EUR","usd":149728418.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":79080000.0,"currency":"EUR","usd":92223096.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"B","score":69.0,"components":{"revenue":{"score":55},"debt":{"score":98},"wages":{"score":52},"trading":{"score":65}},"missing":[],"live":true,"reason":"Better net transfer spend vs revenue: 0 to 65 of 100."}],"brentford":[{"season":"2024-25","grade":"C","score":58.0,"components":{"revenue":{"score":47,"leaguePct":22,"overallPct":83,"leagueN":19},"debt":{"score":60,"ratio":0.403},"wages":{"score":74,"ratio":0.235},"trading":{"score":42,"avgNetSpendToRevenue":0.213,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":206000000.0,"currency":"EUR","usd":241432000.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"netDebt":{"value":71000000.0,"currency":"GBP","usd":97267095.26592636,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Brentford Football Club annual report and financial statements year ended 30 June 2025 — chair's report / club release (third-party net debt)","url":"https://www.brentfordfc.com/en/news/article/club-news-brentford-fc-financial-results-2024-25"},"wages":{"value":41470000.0,"currency":"GBP","usd":56146800.85933121,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":45650000.0,"currency":"EUR","usd":53237030.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":62100000.0,"currency":"EUR","usd":72421020.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":23900000.0,"currency":"EUR","usd":27872180.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"B","score":68.5,"components":{"revenue":{"score":51},"debt":{"score":60},"wages":{"score":79},"trading":{"score":83}},"missing":[],"live":true,"reason":"Better net transfer spend vs revenue: 42 to 83 of 100."}],"brighton":[{"season":"2023-24","grade":"B","score":66.1,"components":{"revenue":{"score":43,"leaguePct":27,"overallPct":66,"leagueN":12},"wages":{"score":59,"ratio":0.288},"trading":{"score":100,"avgNetSpendToRevenue":-0.218,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":256800000.0,"currency":"EUR","usd":267174720.0,"confidence":"reported","season":"2023-24","asOf":"2025-01-23","source":"Deloitte Football Money League 2025 (2023/24 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting/analysis/deloitte-football-money-league-2025.html"},"wages":{"value":62400000.0,"currency":"GBP","usd":79647584.53256395,"confidence":"estimated","season":"2023-24","asOf":"2024-02-03","source":"Capology via FBref / Planet Football (2023-24 PL ranking)","url":"https://www.planetfootball.com/quick-reads/premier-league-wage-bill-ranking-2023-24-man-utd-liverpool-arsenal"},"netTransfers":[{"value":-3220000.0,"currency":"EUR","usd":-3755163.9999999995,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":-82700000.0,"currency":"EUR","usd":-96444740.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-82150000.0,"currency":"EUR","usd":-95803330.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2024-25","grade":"D","score":45.4,"components":{"revenue":{"score":65,"leaguePct":50,"overallPct":87,"leagueN":19},"debt":{"score":4,"ratio":1.792},"wages":{"score":56,"ratio":0.298},"trading":{"score":72,"avgNetSpendToRevenue":0.092,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":238700000.0,"currency":"EUR","usd":279756400.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"netDebt":{"value":366000000.0,"currency":"GBP","usd":501405026.30040914,"confidence":"estimated","season":"2024-25","asOf":"2025-06-30","source":"Game of the People on Brighton 2024/25 accounts — net debt","url":"https://gameofthepeople.com/2026/01/16/brightons-halo-slips-just-a-little/"},"wages":{"value":60918000.0,"currency":"GBP","usd":82477714.36577618,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":-82700000.0,"currency":"EUR","usd":-96444740.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-82150000.0,"currency":"EUR","usd":-95803330.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":230710000.0,"currency":"EUR","usd":269054002.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Worse net transfer spend vs revenue: 100 to 72 of 100 (avg -22% to 9% of revenue)."},{"season":"current","grade":"D","score":40.0,"components":{"revenue":{"score":68},"debt":{"score":4},"wages":{"score":40},"trading":{"score":66}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 56 to 40 of 100."}],"burnley":[{"season":"2024-25","grade":"D","score":35.8,"components":{"revenue":{"score":74,"leaguePct":82,"overallPct":62,"leagueN":18},"debt":{"score":4,"ratio":1.806},"wages":{"score":16,"ratio":0.447},"trading":{"score":75,"avgNetSpendToRevenue":0.082,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":71700000.0,"currency":"GBP","usd":98226066.62770309,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"The Swiss Ramble — Burnley Finances 2024/25 (club accounts)","url":"https://swissramble.substack.com/p/burnley-finances-202425"},"netDebt":{"value":129463000.0,"currency":"GBP","usd":171330037.92345938,"confidence":"reported","season":"2024-25","asOf":"2025-07-31","source":"Burnley FC Holdings Limited Annual Report and Financial Statements year ended 31 July 2025 — Note 30 Analysis of changes in net debt (Companies House 08335231)","url":"https://assets.ctfassets.net/pxdskn6sumdq/2uiPtmo7L7iKIR0Bh607WH/6c334a259965795bf0f17a2523af768e/clubaccountsarticle.pdf"},"wages":{"value":32032000.0,"currency":"GBP","usd":40103792.83285377,"confidence":"estimated","season":"2024-25","asOf":"2025-01-27","source":"Capology via Planet Football (Championship 2024-25 ranking)","url":"https://www.planetfootball.com/stats-tables/championship-wage-bill-ranking-2024-25-leeds-burnley-sheffield-united"},"netTransfers":[{"value":-30450000.0,"currency":"EUR","usd":-35510790.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":107250000.0,"currency":"EUR","usd":125074949.99999999,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-56070000.0,"currency":"EUR","usd":-65388833.99999999,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"F","score":22.6,"components":{"revenue":{"score":77},"debt":{"score":4},"wages":{"score":20},"trading":{"score":0}},"missing":[],"live":true,"reason":"Worse net transfer spend vs revenue: 75 to 0 of 100."}],"chelsea":[{"season":"2023-24","grade":"D","score":39.4,"components":{"revenue":{"score":67,"leaguePct":55,"overallPct":86,"leagueN":12},"wages":{"score":44,"ratio":0.337},"trading":{"score":5,"avgNetSpendToRevenue":0.421,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":545500000.0,"currency":"EUR","usd":567538200.0,"confidence":"reported","season":"2023-24","asOf":"2025-01-23","source":"Deloitte Football Money League 2025 (2023/24 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting/analysis/deloitte-football-money-league-2025.html"},"wages":{"value":155324000.0,"currency":"GBP","usd":198256112.49897376,"confidence":"estimated","season":"2023-24","asOf":"2024-02-03","source":"Capology via FBref / Planet Football (2023-24 PL ranking)","url":"https://www.planetfootball.com/quick-reads/premier-league-wage-bill-ranking-2023-24-man-utd-liverpool-arsenal"},"netTransfers":[{"value":-39590000.0,"currency":"EUR","usd":-46169858.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":562390000.0,"currency":"EUR","usd":655859218.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":165900000.0,"currency":"EUR","usd":193472580.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2024-25","grade":"C","score":60.1,"components":{"revenue":{"score":82,"leaguePct":72,"overallPct":96,"leagueN":19},"debt":{"score":100,"ratio":0.0},"wages":{"score":43,"ratio":0.339},"trading":{"score":4,"avgNetSpendToRevenue":0.428,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":584100000.0,"currency":"EUR","usd":684565200.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"netDebt":{"value":0.0,"currency":"GBP","usd":0.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Matchday Finance on Chelsea FC Holdings Ltd YE 30 Jun 2025 — no external debt at club entity","url":"https://www.matchdayfinance.com/post/chelsea-financial-results-2024-25"},"wages":{"value":169390000.0,"currency":"GBP","usd":229339440.5006538,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":562390000.0,"currency":"EUR","usd":655859218.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":165900000.0,"currency":"EUR","usd":193472580.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":22300000.0,"currency":"EUR","usd":26006260.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better revenue scale: 67 to 82 of 100."},{"season":"current","grade":"B","score":73.7,"components":{"revenue":{"score":83},"debt":{"score":100},"wages":{"score":45},"trading":{"score":68}},"missing":[],"live":true,"reason":"Better net transfer spend vs revenue: 4 to 68 of 100."}],"crystal-palace":[{"season":"2023-24","grade":"F","score":31.7,"components":{"revenue":{"score":34,"leaguePct":18,"overallPct":58,"leagueN":12},"wages":{"score":34,"ratio":0.373},"trading":{"score":26,"avgNetSpendToRevenue":0.296,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":218900000.0,"currency":"EUR","usd":227743560.0,"confidence":"reported","season":"2023-24","asOf":"2025-01-23","source":"Deloitte Football Money League 2025 (2023/24 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting/analysis/deloitte-football-money-league-2025.html"},"wages":{"value":69050000.0,"currency":"GBP","usd":88135668.46111444,"confidence":"estimated","season":"2023-24","asOf":"2024-02-03","source":"Capology via FBref / Planet Football (2023-24 PL ranking)","url":"https://www.planetfootball.com/quick-reads/premier-league-wage-bill-ranking-2023-24-man-utd-liverpool-arsenal"},"netTransfers":[{"value":85620000.0,"currency":"EUR","usd":99850044.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":41140000.0,"currency":"EUR","usd":47977468.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":67800000.0,"currency":"EUR","usd":79068360.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2024-25","grade":"C","score":51.9,"components":{"revenue":{"score":58,"leaguePct":39,"overallPct":86,"leagueN":19},"debt":{"score":55,"ratio":0.473},"wages":{"score":40,"ratio":0.351},"trading":{"score":59,"avgNetSpendToRevenue":0.144,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":232500000.0,"currency":"EUR","usd":272490000.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"netDebt":{"value":94000000.0,"currency":"GBP","usd":128776154.2957335,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Matchday Finance on CPFC 2010 Ltd YE 30 Jun 2025 — net debt after cash","url":"https://www.matchdayfinance.com/post/crystal-palace-financial-results-2024-25"},"wages":{"value":69810000.0,"currency":"GBP","usd":94516714.92620958,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":41140000.0,"currency":"EUR","usd":47977468.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":67800000.0,"currency":"EUR","usd":79068360.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-8800000.0,"currency":"EUR","usd":-10262560.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better net transfer spend vs revenue: 26 to 59 of 100 (avg 30% to 14% of revenue)."},{"season":"current","grade":"C","score":52.0,"components":{"revenue":{"score":62},"debt":{"score":55},"wages":{"score":39},"trading":{"score":57}},"missing":[],"live":true,"reason":"Better revenue scale: 58 to 62 of 100."}],"everton":[{"season":"2023-24","grade":"D","score":45.1,"components":{"revenue":{"score":28,"leaguePct":9,"overallPct":57,"leagueN":12},"wages":{"score":20,"ratio":0.43},"trading":{"score":100,"avgNetSpendToRevenue":-0.106,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":217600000.0,"currency":"EUR","usd":226391040.0,"confidence":"reported","season":"2023-24","asOf":"2025-01-23","source":"Deloitte Football Money League 2025 (2023/24 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting/analysis/deloitte-football-money-league-2025.html"},"wages":{"value":78978000.0,"currency":"GBP","usd":100807803.38482109,"confidence":"estimated","season":"2023-24","asOf":"2024-02-03","source":"Capology via FBref / Planet Football (2023-24 PL ranking)","url":"https://www.planetfootball.com/quick-reads/premier-league-wage-bill-ranking-2023-24-man-utd-liverpool-arsenal"},"netTransfers":[{"value":-6500000.0,"currency":"EUR","usd":-7580299.999999999,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":-20530000.0,"currency":"EUR","usd":-23942086.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-42300000.0,"currency":"EUR","usd":-49330260.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2024-25","grade":"D","score":43.9,"components":{"revenue":{"score":61,"leaguePct":44,"overallPct":87,"leagueN":19},"debt":{"score":1,"ratio":1.945},"wages":{"score":38,"ratio":0.357},"trading":{"score":100,"avgNetSpendToRevenue":-0.137,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":234000000.0,"currency":"EUR","usd":274248000.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"netDebt":{"value":389401000.0,"currency":"GBP","usd":533463438.9246055,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Everton Football Club Company Limited Annual Report and Accounts year ended 30 June 2025 — Note 25 Net debt reconciliation (Companies House 36624)","url":"https://images.gc.evertonfcservices.co.uk/d570b570-2cf1-11f1-a494-13d6f36c2b98.pdf"},"wages":{"value":71422000.0,"currency":"GBP","usd":96699223.79973845,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":-20530000.0,"currency":"EUR","usd":-23942086.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-42300000.0,"currency":"EUR","usd":-49330260.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-33510000.0,"currency":"EUR","usd":-39079362.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better revenue scale: 28 to 61 of 100."},{"season":"current","grade":"C","score":51.3,"components":{"revenue":{"score":65},"debt":{"score":1},"wages":{"score":72},"trading":{"score":82}},"missing":[],"live":true,"reason":"Better wages vs revenue: 38 to 72 of 100."}],"fulham":[{"season":"2023-24","grade":"D","score":39.6,"components":{"revenue":{"score":22,"leaguePct":0,"overallPct":55,"leagueN":12},"wages":{"score":37,"ratio":0.36},"trading":{"score":61,"avgNetSpendToRevenue":0.136,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":212200000.0,"currency":"EUR","usd":220772880.0,"confidence":"reported","season":"2023-24","asOf":"2025-01-23","source":"Deloitte Football Money League 2025 (2023/24 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting/analysis/deloitte-football-money-league-2025.html"},"wages":{"value":64610000.0,"currency":"GBP","usd":82468436.48475893,"confidence":"estimated","season":"2023-24","asOf":"2024-02-03","source":"Capology via FBref / Planet Football (2023-24 PL ranking)","url":"https://www.planetfootball.com/quick-reads/premier-league-wage-bill-ranking-2023-24-man-utd-liverpool-arsenal"},"netTransfers":[{"value":15800000.0,"currency":"EUR","usd":18425960.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":50700000.0,"currency":"EUR","usd":59126339.99999999,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":19970000.0,"currency":"EUR","usd":23289014.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2024-25","grade":"D","score":49.4,"components":{"revenue":{"score":54,"leaguePct":33,"overallPct":86,"leagueN":19},"debt":{"score":48,"ratio":0.585},"wages":{"score":40,"ratio":0.351},"trading":{"score":61,"avgNetSpendToRevenue":0.137,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":194800000.0,"currency":"GBP","usd":266868030.39158386,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"The Swiss Ramble — Fulham Finances 2024/25 (club accounts)","url":"https://swissramble.substack.com/p/fulham-finances-202425"},"netDebt":{"value":114000000.0,"currency":"GBP","usd":156175336.06078318,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Matchday Finance on Fulham Football Leisure Ltd YE 30 Jun 2025 — net debt after cash","url":"https://www.matchdayfinance.com/post/fulham-financial-results-2024-25"},"wages":{"value":68406000.0,"currency":"GBP","usd":92615820.100878,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":50700000.0,"currency":"EUR","usd":59126339.99999999,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":19970000.0,"currency":"EUR","usd":23289014.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":22750000.0,"currency":"EUR","usd":26531050.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better revenue scale: 22 to 54 of 100."},{"season":"current","grade":"C","score":52.2,"components":{"revenue":{"score":58},"debt":{"score":48},"wages":{"score":48},"trading":{"score":59}},"missing":[],"live":true,"reason":"Better wages vs revenue: 40 to 48 of 100."}],"leeds-united":[{"season":"2024-25","grade":"B","score":71.2,"components":{"revenue":{"score":37,"leaguePct":11,"overallPct":75,"leagueN":19},"debt":{"score":82,"ratio":0.182},"wages":{"score":64,"ratio":0.272},"trading":{"score":100,"avgNetSpendToRevenue":-0.164,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":137000000.0,"currency":"GBP","usd":187684395.09059033,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"The Swiss Ramble — Leeds United Finances 2024/25 (club accounts)","url":"https://swissramble.substack.com/p/leeds-united-finances-202425"},"netDebt":{"value":24872264.0,"currency":"GBP","usd":34073984.11221508,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Leeds United Football Club Limited Consolidated Financial Statements year ended 30 June 2025 — Note 24 Analysis of changes in net debt","url":"https://assets.ctfassets.net/phva2knh4vy5/1uJzMAa85kc4Qp2mi12nE7/f3bdfba6f11fd747344ea2e12b5d9879/Leeds_United_Football_Club_Limited_consolidated_financial_statements_for_the_year_ended_30_June_2025.pdf"},"wages":{"value":37206000.0,"currency":"GBP","usd":46581597.03231636,"confidence":"estimated","season":"2024-25","asOf":"2025-01-27","source":"Capology via Planet Football (Championship 2024-25 ranking)","url":"https://www.planetfootball.com/stats-tables/championship-wage-bill-ranking-2024-25-leeds-burnley-sheffield-united"},"netTransfers":[{"value":49390000.0,"currency":"EUR","usd":57598618.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":2320000.0,"currency":"EUR","usd":2705584.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-130450000.0,"currency":"EUR","usd":-152130790.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"B","score":71.5,"components":{"revenue":{"score":43},"debt":{"score":82},"wages":{"score":61},"trading":{"score":100}},"missing":[],"live":true,"reason":"Better revenue scale: 37 to 43 of 100."}],"liverpool":[{"season":"2023-24","grade":"B","score":75.0,"components":{"revenue":{"score":79,"leaguePct":73,"overallPct":89,"leagueN":12},"wages":{"score":77,"ratio":0.226},"trading":{"score":68,"avgNetSpendToRevenue":0.107,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":714700000.0,"currency":"EUR","usd":743573880.0,"confidence":"reported","season":"2023-24","asOf":"2025-01-23","source":"Deloitte Football Money League 2025 (2023/24 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting/analysis/deloitte-football-money-league-2025.html"},"wages":{"value":136240000.0,"currency":"GBP","usd":173897226.2294313,"confidence":"estimated","season":"2023-24","asOf":"2024-02-03","source":"Capology via FBref / Planet Football (2023-24 PL ranking)","url":"https://www.planetfootball.com/quick-reads/premier-league-wage-bill-ranking-2023-24-man-utd-liverpool-arsenal"},"netTransfers":[{"value":57350000.0,"currency":"EUR","usd":66881569.99999999,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":60800000.0,"currency":"EUR","usd":70904960.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":111300000.0,"currency":"EUR","usd":129798059.99999999,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2024-25","grade":"A","score":90.1,"components":{"revenue":{"score":99,"leaguePct":100,"overallPct":98,"leagueN":19},"debt":{"score":90,"ratio":0.096},"wages":{"score":91,"ratio":0.18},"trading":{"score":80,"avgNetSpendToRevenue":0.067,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":836100000.0,"currency":"EUR","usd":979909200.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"netDebt":{"value":69000000.0,"currency":"GBP","usd":93008915.83452211,"confidence":"reported","season":"2024-25","asOf":"2025-05-31","source":"The Athletic quoting Liverpool FC accounts year ended 31 May 2025","url":"https://www.nytimes.com/athletic/7073958/2026/02/27/liverpool-accounts-revenue-profit-wage-bill/"},"wages":{"value":128804000.0,"currency":"GBP","usd":174389499.346161,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":60800000.0,"currency":"EUR","usd":70904960.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":111300000.0,"currency":"EUR","usd":129798059.99999999,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-5000000.0,"currency":"EUR","usd":-5831000.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better wages vs revenue: 77 to 91 of 100 (ratio 23% to 18%)."},{"season":"current","grade":"A","score":82.6,"components":{"revenue":{"score":100},"debt":{"score":90},"wages":{"score":80},"trading":{"score":58}},"missing":[],"live":true,"reason":"Worse net transfer spend vs revenue: 80 to 58 of 100."}],"manchester-city":[{"season":"2023-24","grade":"B","score":77.1,"components":{"revenue":{"score":99,"leaguePct":100,"overallPct":98,"leagueN":12},"wages":{"score":60,"ratio":0.284},"trading":{"score":81,"avgNetSpendToRevenue":0.063,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":837800000.0,"currency":"EUR","usd":871647120.0,"confidence":"reported","season":"2023-24","asOf":"2025-01-23","source":"Deloitte Football Money League 2025 (2023/24 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting/analysis/deloitte-football-money-league-2025.html"},"wages":{"value":200668000.0,"currency":"GBP","usd":256133357.25930357,"confidence":"estimated","season":"2023-24","asOf":"2024-02-03","source":"Capology via FBref / Planet Football (2023-24 PL ranking)","url":"https://www.planetfootball.com/quick-reads/premier-league-wage-bill-ranking-2023-24-man-utd-liverpool-arsenal"},"netTransfers":[{"value":45100000.0,"currency":"EUR","usd":52595620.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":-6970000.0,"currency":"EUR","usd":-8128413.999999999,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":120800000.0,"currency":"EUR","usd":140876960.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2024-25","grade":"A","score":82.0,"components":{"revenue":{"score":96,"leaguePct":94,"overallPct":98,"leagueN":19},"debt":{"score":100,"ratio":-0.003},"wages":{"score":60,"ratio":0.285},"trading":{"score":74,"avgNetSpendToRevenue":0.086,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":829300000.0,"currency":"EUR","usd":971939600.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"netDebt":{"value":-2000000.0,"currency":"GBP","usd":-2739918.1765049677,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Greg Cordell analysis of Manchester City Football Club Limited accounts YE 30 Jun 2025 — net financial debt","url":"https://gregcordell.substack.com/p/manchester-city-fc-202425-financial"},"wages":{"value":201864000.0,"currency":"GBP","usd":273306433.775453,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":-6970000.0,"currency":"EUR","usd":-8128413.999999999,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":120800000.0,"currency":"EUR","usd":140876960.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":101300000.0,"currency":"EUR","usd":118136059.99999999,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Worse net transfer spend vs revenue: 81 to 74 of 100 (avg 6% to 9% of revenue)."},{"season":"current","grade":"B","score":74.2,"components":{"revenue":{"score":96},"debt":{"score":100},"wages":{"score":48},"trading":{"score":53}},"missing":[],"live":true,"reason":"Worse net transfer spend vs revenue: 74 to 53 of 100."}],"manchester-united":[{"season":"2023-24","grade":"C","score":60.6,"components":{"revenue":{"score":93,"leaguePct":91,"overallPct":95,"leagueN":12},"wages":{"score":50,"ratio":0.316},"trading":{"score":44,"avgNetSpendToRevenue":0.207,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":770600000.0,"currency":"EUR","usd":801732240.0,"confidence":"reported","season":"2023-24","asOf":"2025-01-23","source":"Deloitte Football Money League 2025 (2023/24 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting/analysis/deloitte-football-money-league-2025.html"},"wages":{"value":205756000.0,"currency":"GBP","usd":262627698.7673434,"confidence":"estimated","season":"2023-24","asOf":"2024-02-03","source":"Capology via FBref / Planet Football (2023-24 PL ranking)","url":"https://www.planetfootball.com/quick-reads/premier-league-wage-bill-ranking-2023-24-man-utd-liverpool-arsenal"},"netTransfers":[{"value":110900000.0,"currency":"EUR","usd":129331579.99999999,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":218850000.0,"currency":"EUR","usd":255222869.99999997,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":148930000.0,"currency":"EUR","usd":173682166.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2024-25","grade":"B","score":65.9,"components":{"revenue":{"score":89,"leaguePct":83,"overallPct":97,"leagueN":19},"wages":{"score":65,"ratio":0.266},"trading":{"score":44,"avgNetSpendToRevenue":0.205,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":793100000.0,"currency":"EUR","usd":929513200.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"wages":{"value":180640000.0,"currency":"GBP","usd":244570969.54978514,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":218850000.0,"currency":"EUR","usd":255222869.99999997,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":148930000.0,"currency":"EUR","usd":173682166.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":119800000.0,"currency":"EUR","usd":139710760.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better wages vs revenue: 50 to 65 of 100 (ratio 32% to 27%)."},{"season":"current","grade":"C","score":56.3,"components":{"revenue":{"score":90},"debt":{"score":29},"wages":{"score":66},"trading":{"score":49}},"missing":[],"live":true,"reason":"Better net transfer spend vs revenue: 44 to 49 of 100."}],"newcastle-united":[{"season":"2023-24","grade":"D","score":47.1,"components":{"revenue":{"score":58,"leaguePct":45,"overallPct":77,"leagueN":12},"wages":{"score":64,"ratio":0.269},"trading":{"score":11,"avgNetSpendToRevenue":0.381,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":371800000.0,"currency":"EUR","usd":386820720.0,"confidence":"reported","season":"2023-24","asOf":"2025-01-23","source":"Deloitte Football Money League 2025 (2023/24 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting/analysis/deloitte-football-money-league-2025.html"},"wages":{"value":84500000.0,"currency":"GBP","usd":107856104.05451368,"confidence":"estimated","season":"2023-24","asOf":"2024-02-03","source":"Capology via FBref / Planet Football (2023-24 PL ranking)","url":"https://www.planetfootball.com/quick-reads/premier-league-wage-bill-ranking-2023-24-man-utd-liverpool-arsenal"},"netTransfers":[{"value":138500000.0,"currency":"EUR","usd":161518700.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":175040000.0,"currency":"EUR","usd":204131648.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":111700000.0,"currency":"EUR","usd":130264539.99999999,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2024-25","grade":"B","score":65.1,"components":{"revenue":{"score":73,"leaguePct":61,"overallPct":92,"leagueN":19},"debt":{"score":87,"ratio":0.134},"wages":{"score":54,"ratio":0.303},"trading":{"score":41,"avgNetSpendToRevenue":0.222,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":398400000.0,"currency":"EUR","usd":466924800.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"netDebt":{"value":45600000.0,"currency":"GBP","usd":62470134.42431326,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Greg Cordell analysis of Newcastle United Limited accounts YE 30 Jun 2025 — net financial debt","url":"https://gregcordell.substack.com/p/newcastle-united-202425-financial"},"wages":{"value":103272000.0,"currency":"GBP","usd":139821374.9299458,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":175040000.0,"currency":"EUR","usd":204131648.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":111700000.0,"currency":"EUR","usd":130264539.99999999,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-21350000.0,"currency":"EUR","usd":-24898370.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better net transfer spend vs revenue: 11 to 41 of 100 (avg 38% to 22% of revenue)."},{"season":"current","grade":"B","score":72.4,"components":{"revenue":{"score":76},"debt":{"score":87},"wages":{"score":67},"trading":{"score":55}},"missing":[],"live":true,"reason":"Better wages vs revenue: 54 to 67 of 100."}],"nottingham-forest":[{"season":"2024-25","grade":"C","score":53.6,"components":{"revenue":{"score":69,"leaguePct":56,"overallPct":88,"leagueN":19},"debt":{"score":61,"ratio":0.385},"wages":{"score":59,"ratio":0.286},"trading":{"score":19,"avgNetSpendToRevenue":0.335,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":222000000.0,"currency":"GBP","usd":304130917.59205145,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"The Swiss Ramble — Nottingham Forest Finances 2024/25 (club accounts)","url":"https://swissramble.substack.com/p/nottingham-forest-finances-202425"},"netDebt":{"value":85577000.0,"currency":"GBP","usd":117236988.89538282,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Nottingham Forest Football Club Limited — accounts YE 30 June 2025 (Companies House 01630402), note 31 Analysis of changes in net debt","url":"https://find-and-update.company-information.service.gov.uk/company/01630402/filing-history/MzUxMjc1NzU2N2FkaXF6a2N4/document?format=pdf&download=0"},"wages":{"value":63492000.0,"currency":"GBP","usd":85962688.21221744,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":193350000.0,"currency":"EUR","usd":225484770.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":48810000.0,"currency":"EUR","usd":56922222.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":18800000.0,"currency":"EUR","usd":21924560.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"C","score":56.7,"components":{"revenue":{"score":72},"debt":{"score":61},"wages":{"score":54},"trading":{"score":39}},"missing":[],"live":true,"reason":"Better net transfer spend vs revenue: 19 to 39 of 100."}],"tottenham":[{"season":"2023-24","grade":"B","score":67.0,"components":{"revenue":{"score":73,"leaguePct":64,"overallPct":88,"leagueN":12},"wages":{"score":77,"ratio":0.226},"trading":{"score":46,"avgNetSpendToRevenue":0.194,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":615000000.0,"currency":"EUR","usd":639846000.0,"confidence":"reported","season":"2023-24","asOf":"2025-01-23","source":"Deloitte Football Money League 2025 (2023/24 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting/analysis/deloitte-football-money-league-2025.html"},"wages":{"value":117520000.0,"currency":"GBP","usd":150002950.86966214,"confidence":"estimated","season":"2023-24","asOf":"2024-02-03","source":"Capology via FBref / Planet Football (2023-24 PL ranking)","url":"https://www.planetfootball.com/quick-reads/premier-league-wage-bill-ranking-2023-24-man-utd-liverpool-arsenal"},"netTransfers":[{"value":61280000.0,"currency":"EUR","usd":71464736.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":142950000.0,"currency":"EUR","usd":166708290.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":154400000.0,"currency":"EUR","usd":180061280.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2024-25","grade":"C","score":56.2,"components":{"revenue":{"score":85,"leaguePct":78,"overallPct":96,"leagueN":19},"debt":{"score":12,"ratio":1.445},"wages":{"score":90,"ratio":0.182},"trading":{"score":43,"avgNetSpendToRevenue":0.211,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":672600000.0,"currency":"EUR","usd":788287200.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"netDebt":{"value":831200000.0,"currency":"GBP","usd":1138709994.1554646,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Tottenham Hotspur Limited — financial results year ended 30 June 2025","url":"https://www.tottenhamhotspur.com/news/1018039/financial-results-year-ended-30-june-2025"},"wages":{"value":104806000.0,"currency":"GBP","usd":141898278.5354007,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":142950000.0,"currency":"EUR","usd":166708290.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":154400000.0,"currency":"EUR","usd":180061280.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":129050000.0,"currency":"EUR","usd":150498110.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better wages vs revenue: 77 to 90 of 100 (ratio 23% to 18%)."},{"season":"current","grade":"C","score":56.2,"components":{"revenue":{"score":86},"debt":{"score":12},"wages":{"score":92},"trading":{"score":39}},"missing":[],"live":true,"reason":"Worse net transfer spend vs revenue: 43 to 39 of 100."}],"west-ham":[{"season":"2024-25","grade":"C","score":61.3,"components":{"revenue":{"score":96,"leaguePct":100,"overallPct":90,"leagueN":18},"debt":{"score":91,"ratio":0.086},"wages":{"score":32,"ratio":0.382},"trading":{"score":26,"avgNetSpendToRevenue":0.296,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":276000000.0,"currency":"EUR","usd":323472000.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"netDebt":{"value":20342000.0,"currency":"GBP","usd":27420106.752258677,"confidence":"reported","season":"2024-25","asOf":"2025-05-31","source":"WH Holding Limited Annual Report and Financial Statements year ended 31 May 2025 — Analysis of Changes in Net Debt (Companies House 05993863)","url":"https://theesk.org/wp-content/uploads/2026/04/WH_Holding_Limited_FY25_-_SIGNED.pdf"},"wages":{"value":90220000.0,"currency":"GBP","usd":122150093.40556696,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":175050000.0,"currency":"EUR","usd":204143310.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-28310000.0,"currency":"EUR","usd":-33015121.999999996,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":98250000.0,"currency":"EUR","usd":114579150.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"B","score":70.9,"components":{"revenue":{"score":97},"debt":{"score":91},"wages":{"score":44},"trading":{"score":55}},"missing":[],"live":true,"reason":"Better net transfer spend vs revenue: 26 to 55 of 100."}],"wolves":[{"season":"2024-25","grade":"B","score":68.6,"components":{"revenue":{"score":90,"leaguePct":94,"overallPct":84,"leagueN":18},"debt":{"score":61,"ratio":0.385},"wages":{"score":55,"ratio":0.302},"trading":{"score":79,"avgNetSpendToRevenue":0.069,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":206300000.0,"currency":"EUR","usd":241783600.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"netDebt":{"value":67955000.0,"currency":"GBP","usd":93095569.84219755,"confidence":"estimated","season":"2024-25","asOf":"2025-06-30","source":"Wolverhampton Wanderers FC (1986) Ltd accounts, 13 months to 30 Jun 2025, as itemised by Midlands Gazette and Matchday Finance","url":"https://midlandsgazette.com/sports/wolverhampton-wanderers-financial-analysis-relegation/"},"wages":{"value":53222000.0,"currency":"GBP","usd":72057994.58247711,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":114640000.0,"currency":"EUR","usd":133693167.99999999,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-75200000.0,"currency":"EUR","usd":-87698240.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":3200000.0,"currency":"EUR","usd":3731839.9999999995,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"B","score":74.6,"components":{"revenue":{"score":93},"debt":{"score":61},"wages":{"score":59},"trading":{"score":100}},"missing":[],"live":true,"reason":"Better net transfer spend vs revenue: 79 to 100 of 100."}],"athletic-club":[{"season":"2024-25","grade":"B","score":77.4,"components":{"revenue":{"score":79,"leaguePct":80,"overallPct":79,"leagueN":16},"debt":{"score":100,"ratio":-0.354},"wages":{"score":42,"ratio":0.344},"trading":{"score":95,"avgNetSpendToRevenue":0.017,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":172500000.0,"currency":"EUR","usd":202221749.99999997,"confidence":"reported","season":"2024-25","asOf":"2025-09-29","source":"Athletic Club — cierre económico 2024/25 (ingresos de explotación)","url":"https://www.athletic-club.eus/noticias/2025/09/29/cierre-economico-de-la-temporada-2024-25-y-presupuesto-2025-26/"},"netDebt":{"value":-61000000.0,"currency":"EUR","usd":-71492000.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Athletic Club cierre económico temporada 2024/25 / presupuesto 2025/26 (29 Sep 2025)","url":"https://www.athletic-club.eus/noticias/2025/09/29/cierre-economico-de-la-temporada-2024-25-y-presupuesto-2025-26/"},"wages":{"value":59370000.0,"currency":"EUR","usd":68845452.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":0.0,"currency":"EUR","usd":0.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":0.0,"currency":"EUR","usd":0.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":8750000.0,"currency":"EUR","usd":10204250.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"B","score":66.7,"components":{"revenue":{"score":85},"debt":{"score":100},"wages":{"score":9},"trading":{"score":85}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 42 to 9 of 100."}],"atletico-madrid":[{"season":"2023-24","grade":"D","score":38.1,"components":{"revenue":{"score":33,"leaguePct":0,"overallPct":83,"leagueN":3},"debt":{"score":18,"ratio":1.243},"wages":{"score":23,"ratio":0.417},"trading":{"score":96,"avgNetSpendToRevenue":0.014,"seasons":["2021-22","2022-23","2023-24"]}},"missing":[],"inputs":{"revenue":{"value":409500000.0,"currency":"EUR","usd":426043800.0,"confidence":"reported","season":"2023-24","asOf":"2025-01-23","source":"Deloitte Football Money League 2025 (2023/24 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting/analysis/deloitte-football-money-league-2025.html"},"netDebt":{"value":509000000.0,"currency":"EUR","usd":544884500.0,"confidence":"estimated","season":"2023-24","asOf":"2024-06-30","source":"El Club Uría (via Mundo Deportivo, 6 Dec 2024), Atlético de Madrid accounts 2023/24","url":"https://www.mundodeportivo.com/futbol/atletico-madrid/20241206/1002365965/salen-luz-datos-economicos-atletico-23-24.html"},"wages":{"value":170890000.0,"currency":"EUR","usd":198164044.0,"confidence":"estimated","season":"2023-24","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2023-24 Europe ranking)","url":"https://www.planetfootball.com/quick-reads/wage-bills-europe-major-leagues-2023-24-man-utd-psg-bayern-real-madrid-barcelona"},"netTransfers":[{"value":62950000.0,"currency":"EUR","usd":73412290.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":1250000.0,"currency":"EUR","usd":1457750.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-46600000.0,"currency":"EUR","usd":-54344920.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2024-25","grade":"B","score":75.9,"components":{"revenue":{"score":89,"leaguePct":87,"overallPct":94,"leagueN":16},"wages":{"score":55,"ratio":0.3},"trading":{"score":94,"avgNetSpendToRevenue":0.02,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":454500000.0,"currency":"EUR","usd":532674000.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"wages":{"value":136420000.0,"currency":"EUR","usd":158192632.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":1250000.0,"currency":"EUR","usd":1457750.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-46600000.0,"currency":"EUR","usd":-54344920.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":73020000.0,"currency":"EUR","usd":85155924.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better revenue scale: 33 to 89 of 100."},{"season":"current","grade":"C","score":52.0,"components":{"revenue":{"score":92},"debt":{"score":21},"wages":{"score":41},"trading":{"score":75}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 55 to 41 of 100."}],"barcelona":[{"season":"2023-24","grade":"B","score":74.3,"components":{"revenue":{"score":67,"leaguePct":50,"overallPct":92,"leagueN":3},"wages":{"score":62,"ratio":0.277},"trading":{"score":100,"avgNetSpendToRevenue":-0.002,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":760300000.0,"currency":"EUR","usd":791016120.0,"confidence":"reported","season":"2023-24","asOf":"2025-01-23","source":"Deloitte Football Money League 2025 (2023/24 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting/analysis/deloitte-football-money-league-2025.html"},"wages":{"value":210960000.0,"currency":"EUR","usd":244629215.99999997,"confidence":"estimated","season":"2023-24","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2023-24 Europe ranking)","url":"https://www.planetfootball.com/quick-reads/wage-bills-europe-major-leagues-2023-24-man-utd-psg-bayern-real-madrid-barcelona"},"netTransfers":[{"value":-25860000.0,"currency":"EUR","usd":-30157931.999999996,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":119500000.0,"currency":"EUR","usd":139360900.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-98300000.0,"currency":"EUR","usd":-114637460.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2024-25","grade":"A","score":81.1,"components":{"revenue":{"score":96,"leaguePct":93,"overallPct":100,"leagueN":16},"debt":{"score":55,"ratio":0.481},"wages":{"score":86,"ratio":0.197},"trading":{"score":98,"avgNetSpendToRevenue":0.007,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":974800000.0,"currency":"EUR","usd":1142465600.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"netDebt":{"value":469000000.0,"currency":"EUR","usd":549668000.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"FC Barcelona Ordinary General Assembly — 2024/25 accounts (treasurer Ferran Olivé)","url":"https://www.fcbarcelona.com/en/news/4385285/ordinary-general-assembly-says-yes-to-the-consolidation-of-fc-barcelonas-financial-recovery"},"wages":{"value":192320000.0,"currency":"EUR","usd":223014272.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":119500000.0,"currency":"EUR","usd":139360900.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-98300000.0,"currency":"EUR","usd":-114637460.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-300000.0,"currency":"EUR","usd":-349860.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better wages vs revenue: 62 to 86 of 100 (ratio 28% to 20%)."},{"season":"current","grade":"B","score":79.0,"components":{"revenue":{"score":97},"debt":{"score":55},"wages":{"score":77},"trading":{"score":100}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 86 to 77 of 100."}],"celta-vigo":[{"season":"2024-25","grade":"C","score":53.6,"components":{"revenue":{"score":51,"leaguePct":47,"overallPct":58,"leagueN":16},"debt":{"score":62,"ratio":0.378},"wages":{"score":16,"ratio":0.446},"trading":{"score":100,"avgNetSpendToRevenue":-0.072,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":73000000.0,"currency":"EUR","usd":85556000.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Real Club Celta de Vigo cuentas anuales 2024/25 (ingresos ordinarios), via Palco23","url":"https://palco23.mundodeportivo.com/clubes/rc-celta-amplia-un-26-sus-perdidas-en-2024-2025-por-el-flojo-mercado-y-el-alza-de-deuda"},"netDebt":{"value":27585227.0,"currency":"EUR","usd":32329886.044,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"RC Celta de Vigo S.A.D. audited annual accounts YE 30 Jun 2025 — LaLiga net debt indicator (art. 23)","url":"https://rccelta.es/app/uploads/2026/05/INFORME-CUENTAS-ANUALES-FORMULADAS-individuales-INFORME-AUDITOR%C3%8DA.pdf"},"wages":{"value":32590000.0,"currency":"EUR","usd":37791364.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":8530000.0,"currency":"EUR","usd":9947686.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-15000000.0,"currency":"EUR","usd":-17493000.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-9300000.0,"currency":"EUR","usd":-10845660.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"C","score":55.0,"components":{"revenue":{"score":64},"debt":{"score":74},"wages":{"score":0},"trading":{"score":100}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 16 to 0 of 100."}],"espanyol":[{"season":"2024-25","grade":"C","score":51.6,"components":{"revenue":{"score":46,"leaguePct":40,"overallPct":55,"leagueN":16},"debt":{"score":53,"ratio":0.511},"wages":{"score":54,"ratio":0.303}},"missing":["trading"],"inputs":{"revenue":{"value":68500000.0,"currency":"EUR","usd":80282000.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"RCD Espanyol cuentas 2024/25 (ingresos / cifra de negocios), via Palco23","url":"https://palco23.mundodeportivo.com/clubes/rcd-espanyol-exprime-la-venta-de-joan-garcia-para-ganar-22-millones-en-2024-2025"},"netDebt":{"value":35000000.0,"currency":"EUR","usd":41020000.0,"confidence":"estimated","season":"2024-25","asOf":"2025-06-30","source":"RCD Espanyol ejercicio 24/25 — deuda financiera neta, via Sport.es citing 2Playbook","url":"https://www.sport.es/es/noticias/espanyol/espanyol-cierra-positivo-ejercicio-24-123848452"},"wages":{"value":20780000.0,"currency":"EUR","usd":24096488.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"}},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"C","score":55.7,"components":{"revenue":{"score":54},"debt":{"score":53},"wages":{"score":30},"trading":{"score":100}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 54 to 30 of 100."}],"getafe":[{"season":"2024-25","grade":"D","score":41.7,"components":{"revenue":{"score":35,"leaguePct":27,"overallPct":47,"leagueN":16},"debt":{"score":22,"ratio":1.093},"wages":{"score":27,"ratio":0.401},"trading":{"score":100,"avgNetSpendToRevenue":-0.147,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":57960000.0,"currency":"EUR","usd":67929120.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Getafe CF cuentas 2024/25 (importe neto de la cifra de negocio), via Palco23","url":"https://palco23.mundodeportivo.com/clubes/getafe-cf-recorta-un-80-sus-perdidas-en-24-25-tras-ajustar-el-gasto-deportivo"},"netDebt":{"value":63338603.95,"currency":"EUR","usd":74232843.8294,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Getafe Club de Fútbol S.A.D. cuentas anuales e informe de auditoría, ejercicio terminado el 30 jun 2025 (balance)","url":"https://statics-maker.llt-services.com/get/documents/2025/11/07/ff01fad4-a17d-4bed-b1f2-ca7f3f1f7a7d-37.pdf"},"wages":{"value":23230000.0,"currency":"EUR","usd":26937508.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":-4750000.0,"currency":"EUR","usd":-5539450.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":3960000.0,"currency":"EUR","usd":4618152.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-24700000.0,"currency":"EUR","usd":-28805140.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"D","score":35.0,"components":{"revenue":{"score":42},"debt":{"score":22},"wages":{"score":0},"trading":{"score":100}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 27 to 0 of 100."}],"girona":[{"season":"2024-25","grade":"B","score":70.0,"components":{"revenue":{"score":87,"leaguePct":100,"overallPct":68,"leagueN":14},"debt":{"score":67,"ratio":0.326},"wages":{"score":47,"ratio":0.327},"trading":{"score":92,"avgNetSpendToRevenue":0.025,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":110900000.0,"currency":"EUR","usd":129974800.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Girona Futbol Club, SAD cuentas anuales year ended 30 June 2025 (volumen de negocio), via Palco23","url":"https://palco23.mundodeportivo.com/clubes/girona-fc-capitaliza-la-champions-league-y-multiplica-por-cinco-su-beneficio-en-2024-2025"},"netDebt":{"value":36109389.31,"currency":"EUR","usd":42320204.27132,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Girona Futbol Club S.A.D. cuentas anuales 2024-2025, memoria nota 22 (información para el Reglamento de Control Económico de LaLiga)","url":"https://statics-maker.llt-services.com/gir/documents/2026/02/11/b927fc0d-ed55-40e4-9d7c-aac4aba8e50a-814.pdf"},"wages":{"value":36220000.0,"currency":"EUR","usd":42000712.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":24250000.0,"currency":"EUR","usd":28280350.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":4350000.0,"currency":"EUR","usd":5072970.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-20200000.0,"currency":"EUR","usd":-23557240.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"C","score":64.1,"components":{"revenue":{"score":90},"debt":{"score":67},"wages":{"score":20},"trading":{"score":100}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 47 to 20 of 100."}],"mallorca":[{"season":"2024-25","grade":"B","score":70.6,"components":{"revenue":{"score":79,"leaguePct":92,"overallPct":58,"leagueN":14},"wages":{"score":52,"ratio":0.31},"trading":{"score":90,"avgNetSpendToRevenue":0.032,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":72600000.0,"currency":"EUR","usd":85087200.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"RCD Mallorca cuentas 2024/25 (ingresos ordinarios), via Diario de Mallorca / 2Playbook","url":"https://www.diariodemallorca.es/rcd-mallorca/2025/11/27/real-mallorca-presenta-diez-millones-perdidas-124200097.html"},"wages":{"value":22500000.0,"currency":"EUR","usd":26091000.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":12000000.0,"currency":"EUR","usd":13994400.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":6700000.0,"currency":"EUR","usd":7813539.999999999,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-11650000.0,"currency":"EUR","usd":-13586230.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"C","score":56.3,"components":{"revenue":{"score":82},"wages":{"score":10},"trading":{"score":100}},"missing":["Debt load"],"live":true,"reason":"Worse wages vs revenue: 52 to 10 of 100."}],"osasuna":[{"season":"2024-25","grade":"C","score":59.0,"components":{"revenue":{"score":41,"leaguePct":33,"overallPct":53,"leagueN":16},"wages":{"score":47,"ratio":0.328},"trading":{"score":95,"avgNetSpendToRevenue":0.016,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":68190052.0,"currency":"EUR","usd":79918740.94399999,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Club Atlético Osasuna Comisión de Control Económico informe anual Oct 2025 / informe económico 2024-25 (cifra de negocio)","url":"https://www.osasuna.es/public/Attachment/2025/11/informeanualccec_a_osasunaoct2025_10.pdf"},"wages":{"value":22370000.0,"currency":"EUR","usd":25940252.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":1750000.0,"currency":"EUR","usd":2040849.9999999998,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":2000000.0,"currency":"EUR","usd":2332400.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-400000.0,"currency":"EUR","usd":-466479.99999999994,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"D","score":35.6,"components":{"revenue":{"score":50},"debt":{"score":27},"wages":{"score":11},"trading":{"score":71}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 47 to 11 of 100."}],"rayo-vallecano":[{"season":"2024-25","grade":"C","score":55.7,"components":{"revenue":{"score":30,"leaguePct":20,"overallPct":46,"leagueN":16},"debt":{"score":100,"ratio":-0.709},"wages":{"score":31,"ratio":0.388},"trading":{"score":52,"avgNetSpendToRevenue":0.171,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":56000000.0,"currency":"EUR","usd":65632000.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Rayo Vallecano estados financieros 2024/25 (importe neto de la cifra de negocio), via Palco23","url":"https://palco23.mundodeportivo.com/clubes/rayo-vallecano-tira-de-milagros-para-mantener-la-rentabilidad-en-2024-2025"},"netDebt":{"value":-39715041.93,"currency":"EUR","usd":-46546029.141959995,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Rayo Vallecano de Madrid S.A.D. cuentas anuales e informe de auditoría, ejercicio cerrado a 30 jun 2025 (balance)","url":"https://statics-maker.llt-services.com/ray/documents/2026/03/02/d03fa5ff-459d-4acc-9cde-4213d9255f3e-336.pdf"},"wages":{"value":21700000.0,"currency":"EUR","usd":25163320.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":14100000.0,"currency":"EUR","usd":16443419.999999998,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":16600000.0,"currency":"EUR","usd":19358920.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-2000000.0,"currency":"EUR","usd":-2332400.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"C","score":50.2,"components":{"revenue":{"score":38},"debt":{"score":100},"wages":{"score":0},"trading":{"score":63}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 31 to 0 of 100."}],"real-betis":[{"season":"2024-25","grade":"C","score":50.4,"components":{"revenue":{"score":74,"leaguePct":73,"overallPct":74,"leagueN":16},"debt":{"score":7,"ratio":1.66},"wages":{"score":45,"ratio":0.334},"trading":{"score":100,"avgNetSpendToRevenue":-0.098,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":150628896.0,"currency":"EUR","usd":176537066.112,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Real Betis Balompié C.F. SAD accounts 2024/25 (importe neto de la cifra de negocios)","url":"https://web.archive.org/web/20260202164306/https://www.realbetisbalompie.es/media/files/rbetis/pdf/2025_ccaa_informeauditoria.pdf"},"netDebt":{"value":250000000.0,"currency":"EUR","usd":293000000.0,"confidence":"estimated","season":"2024-25","asOf":"2025-06-30","source":"Real Betis cuentas 2024/25 — deuda financiera neta, via Marca / 2Playbook","url":"https://www.marca.com/sport-business/2playbook/2025/11/17/betis-encadena-tres-anos-beneficios-facturar-215-millones-pasada-temporada.html"},"wages":{"value":50370000.0,"currency":"EUR","usd":58409051.99999999,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":12650000.0,"currency":"EUR","usd":14752429.999999998,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-36800000.0,"currency":"EUR","usd":-42916160.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-20270000.0,"currency":"EUR","usd":-23638874.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"D","score":40.2,"components":{"revenue":{"score":80},"debt":{"score":7},"wages":{"score":7},"trading":{"score":100}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 45 to 7 of 100."}],"real-madrid":[{"season":"2023-24","grade":"A","score":82.3,"components":{"revenue":{"score":100,"leaguePct":100,"overallPct":100,"leagueN":3},"wages":{"score":64,"ratio":0.27},"trading":{"score":92,"avgNetSpendToRevenue":0.026,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":1045500000.0,"currency":"EUR","usd":1087738200.0,"confidence":"reported","season":"2023-24","asOf":"2025-01-23","source":"Deloitte Football Money League 2025 (2023/24 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting/analysis/deloitte-football-money-league-2025.html"},"wages":{"value":282650000.0,"currency":"EUR","usd":327760940.0,"confidence":"estimated","season":"2023-24","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2023-24 Europe ranking)","url":"https://www.planetfootball.com/quick-reads/wage-bills-europe-major-leagues-2023-24-man-utd-psg-bayern-real-madrid-barcelona"},"netTransfers":[{"value":-47000000.0,"currency":"EUR","usd":-54811400.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":-21500000.0,"currency":"EUR","usd":-25073300.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":148500000.0,"currency":"EUR","usd":173180700.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2024-25","grade":"A","score":90.3,"components":{"revenue":{"score":100,"leaguePct":100,"overallPct":100,"leagueN":16},"debt":{"score":99,"ratio":0.01},"wages":{"score":74,"ratio":0.235},"trading":{"score":92,"avgNetSpendToRevenue":0.027,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":1161000000.0,"currency":"EUR","usd":1360692000.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"netDebt":{"value":11700000.0,"currency":"EUR","usd":13712400.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Real Madrid C.F. — 2024/25 annual accounts (Board 17 July 2025)","url":"https://www.realmadrid.com/en-US/news/club/latest-news/noticia-real-madrid-ejercicio-economico-2025"},"wages":{"value":272960000.0,"currency":"EUR","usd":316524416.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":-21500000.0,"currency":"EUR","usd":-25073300.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":148500000.0,"currency":"EUR","usd":173180700.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-33000000.0,"currency":"EUR","usd":-38484600.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better wages vs revenue: 64 to 74 of 100 (ratio 27% to 24%)."},{"season":"current","grade":"A","score":85.0,"components":{"revenue":{"score":100},"debt":{"score":99},"wages":{"score":65},"trading":{"score":79}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 74 to 65 of 100."}],"real-sociedad":[{"season":"2024-25","grade":"C","score":57.0,"components":{"revenue":{"score":68,"leaguePct":67,"overallPct":70,"leagueN":16},"debt":{"score":33,"ratio":0.848},"wages":{"score":45,"ratio":0.333},"trading":{"score":100,"avgNetSpendToRevenue":-0.149,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":126400000.0,"currency":"EUR","usd":148140800.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Real Sociedad cuentas anuales 2024/25 presented at Junta General (ingresos ordinarios)","url":"https://kirolakeitb.eus/es/futbol/equipos/real-sociedad/2025/12/11/la-real-sociedad-aprueba-un-presupuesto-160-millones-euros-la-temporada-20252026/"},"netDebt":{"value":107129012.0,"currency":"EUR","usd":125555202.064,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Real Sociedad de Fútbol S.A.D. cuentas anuales auditadas 2024/25 (balance al 30 jun 2025, nota 8.2)","url":"https://cdn.realsociedad.eus//Uploads/CntDetalles/258/1/a8671ce1-2323-4bca-b31c-480e72633122.pdf"},"wages":{"value":42060000.0,"currency":"EUR","usd":48772776.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":-33000000.0,"currency":"EUR","usd":-38484600.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":2600000.0,"currency":"EUR","usd":3032120.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-26150000.0,"currency":"EUR","usd":-30496129.999999996,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"D","score":44.9,"components":{"revenue":{"score":75},"debt":{"score":33},"wages":{"score":0},"trading":{"score":100}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 45 to 0 of 100."}],"valencia":[{"season":"2024-25","grade":"D","score":44.9,"components":{"revenue":{"score":63,"leaguePct":60,"overallPct":67,"leagueN":16},"debt":{"score":3,"ratio":1.872},"wages":{"score":38,"ratio":0.36},"trading":{"score":100,"avgNetSpendToRevenue":-0.282,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":103700000.0,"currency":"EUR","usd":121536400.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Valencia CF S.A.D. avance de cuentas anuales 2024-25 (ingresos de la cifra de negocio)","url":"https://www.valenciacf.com/avance-de-las-cuentas-anuales-del-valencia-cf"},"netDebt":{"value":194165000.0,"currency":"EUR","usd":227561380.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Valencia Club de Fútbol S.A.D. cuentas anuales 2024/2025 (balance al 30 jun 2025, miles de euros; notas 2.3, 8.2)","url":"https://www.valenciacf.com/public/Attachment/2026/2/vcf_ccaa_2024-2025.pdf"},"wages":{"value":37320000.0,"currency":"EUR","usd":43276272.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":-42100000.0,"currency":"EUR","usd":-49097020.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-18500000.0,"currency":"EUR","usd":-21574700.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-27130000.0,"currency":"EUR","usd":-31639005.999999996,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"D","score":36.6,"components":{"revenue":{"score":68},"debt":{"score":3},"wages":{"score":7},"trading":{"score":100}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 38 to 7 of 100."}],"villarreal":[{"season":"2024-25","grade":"C","score":60.7,"components":{"revenue":{"score":58,"leaguePct":53,"overallPct":65,"leagueN":16},"debt":{"score":82,"ratio":0.179},"wages":{"score":15,"ratio":0.452},"trading":{"score":100,"avgNetSpendToRevenue":-0.451,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":96900000.0,"currency":"EUR","usd":113566800.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Villarreal CF cuentas 2024/25 (cifra de negocio), via Marca / 2Playbook","url":"https://www.marca.com/sport-business/2playbook/2026/02/12/villarreal-logra-record-rentabilidad-gracias-plusvalias-traspasos.html"},"netDebt":{"value":17300000.0,"currency":"EUR","usd":20275600.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Villarreal CF cuentas 2024/25 — deuda financiera neta, via Marca / 2Playbook Intelligence 2P","url":"https://www.marca.com/sport-business/2playbook/2026/02/12/villarreal-logra-record-rentabilidad-gracias-plusvalias-traspasos.html"},"wages":{"value":43780000.0,"currency":"EUR","usd":50767288.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":-25120000.0,"currency":"EUR","usd":-29294943.999999996,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-100500000.0,"currency":"EUR","usd":-117203099.99999999,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-5500000.0,"currency":"EUR","usd":-6414100.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/laliga/einnahmenausgaben/wettbewerb/ES1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"C","score":56.6,"components":{"revenue":{"score":60},"debt":{"score":82},"wages":{"score":0},"trading":{"score":100}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 15 to 0 of 100."}],"augsburg":[{"season":"2024-25","grade":"B","score":69.0,"components":{"revenue":{"score":38,"leaguePct":19,"overallPct":68,"leagueN":17},"wages":{"score":69,"ratio":0.252},"trading":{"score":100,"avgNetSpendToRevenue":-0.129,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":105100000.0,"currency":"EUR","usd":123177200.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Deloitte Football Money League 2026 — deutsche Ausgabe Abb. 5 (Gesamtumsatz exkl. Transferaktivitäten, 2024/25)","url":"https://www.deloitte.com/content/dam/assets-zone2/de/de/docs/industries/technology-media-telecommunications/2026/Deloitte_Football_Money_League_2026_Studie.pdf"},"wages":{"value":26480000.0,"currency":"EUR","usd":30706207.999999996,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":7290000.0,"currency":"EUR","usd":8501598.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-18550000.0,"currency":"EUR","usd":-21633010.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-29550000.0,"currency":"EUR","usd":-34461210.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"C","score":57.1,"components":{"revenue":{"score":40},"wages":{"score":40},"trading":{"score":100}},"missing":["Debt load"],"live":true,"reason":"Worse wages vs revenue: 69 to 40 of 100."}],"bayer-leverkusen":[{"season":"2023-24","grade":"A","score":82.1,"components":{"revenue":{"score":53,"leaguePct":33,"overallPct":82,"leagueN":4},"wages":{"score":95,"ratio":0.166},"trading":{"score":92,"avgNetSpendToRevenue":0.028,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":387800000.0,"currency":"EUR","usd":415139900.0,"confidence":"reported","season":"2023-24","asOf":"2024-06-30","source":"Akte Bundesliga / DFL Financial Indicators (Finanzkennzahlen der Proficlubs) — Bayer 04 Leverkusen FY 2023/24 Konzern (reporting date 30 Jun 2024)","url":"https://aktebundesliga.net/en/soccernomics/leverkusen/"},"wages":{"value":64370000.0,"currency":"EUR","usd":74643452.0,"confidence":"estimated","season":"2023-24","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2023-24 Europe ranking)","url":"https://www.planetfootball.com/quick-reads/wage-bills-europe-major-leagues-2023-24-man-utd-psg-bayern-real-madrid-barcelona"},"netTransfers":[{"value":12010000.0,"currency":"EUR","usd":14006062.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":4900000.0,"currency":"EUR","usd":5714380.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":15400000.0,"currency":"EUR","usd":17959480.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"A","score":84.9,"components":{"revenue":{"score":87},"wages":{"score":74},"trading":{"score":99}},"missing":["Debt load"],"live":true,"reason":"Better revenue scale: 53 to 87 of 100."}],"bayern-munich":[{"season":"2023-24","grade":"B","score":72.7,"components":{"revenue":{"score":98,"leaguePct":100,"overallPct":94,"leagueN":4},"wages":{"score":45,"ratio":0.334},"trading":{"score":89,"avgNetSpendToRevenue":0.037,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":765400000.0,"currency":"EUR","usd":796322160.0,"confidence":"reported","season":"2023-24","asOf":"2025-01-23","source":"Deloitte Football Money League 2025 (2023/24 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting/analysis/deloitte-football-money-league-2025.html"},"wages":{"value":255320000.0,"currency":"EUR","usd":296069072.0,"confidence":"estimated","season":"2023-24","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2023-24 Europe ranking)","url":"https://www.planetfootball.com/quick-reads/wage-bills-europe-major-leagues-2023-24-man-utd-psg-bayern-real-madrid-barcelona"},"netTransfers":[{"value":51200000.0,"currency":"EUR","usd":59709439.99999999,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":24600000.0,"currency":"EUR","usd":28688520.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":9080000.0,"currency":"EUR","usd":10589096.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2024-25","grade":"B","score":76.7,"components":{"revenue":{"score":100,"leaguePct":100,"overallPct":99,"leagueN":17},"wages":{"score":53,"ratio":0.307},"trading":{"score":89,"avgNetSpendToRevenue":0.038,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":860600000.0,"currency":"EUR","usd":1008623200.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"wages":{"value":264170000.0,"currency":"EUR","usd":306331532.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":24600000.0,"currency":"EUR","usd":28688520.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":9080000.0,"currency":"EUR","usd":10589096.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":64650000.0,"currency":"EUR","usd":75394830.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better wages vs revenue: 45 to 53 of 100 (ratio 33% to 31%)."},{"season":"current","grade":"B","score":78.7,"components":{"revenue":{"score":100},"wages":{"score":55},"trading":{"score":93}},"missing":["Debt load"],"live":true,"reason":"Better net transfer spend vs revenue: 89 to 93 of 100."}],"borussia-dortmund":[{"season":"2023-24","grade":"A","score":80.1,"components":{"revenue":{"score":74,"leaguePct":67,"overallPct":85,"leagueN":4},"wages":{"score":71,"ratio":0.246},"trading":{"score":100,"avgNetSpendToRevenue":-0.069,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":513700000.00000006,"currency":"EUR","usd":534453480.00000006,"confidence":"reported","season":"2023-24","asOf":"2025-01-23","source":"Deloitte Football Money League 2025 (2023/24 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting/analysis/deloitte-football-money-league-2025.html"},"wages":{"value":126600000.0,"currency":"EUR","usd":146805360.0,"confidence":"estimated","season":"2023-24","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2023-24 Europe ranking)","url":"https://www.planetfootball.com/quick-reads/wage-bills-europe-major-leagues-2023-24-man-utd-psg-bayern-real-madrid-barcelona"},"netTransfers":[{"value":-64500000.0,"currency":"EUR","usd":-75219900.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":27100000.0,"currency":"EUR","usd":31604019.999999996,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-68800000.0,"currency":"EUR","usd":-80234560.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2024-25","grade":"A","score":92.5,"components":{"revenue":{"score":94,"leaguePct":94,"overallPct":95,"leagueN":17},"debt":{"score":97,"ratio":0.025},"wages":{"score":82,"ratio":0.21},"trading":{"score":100,"avgNetSpendToRevenue":-0.006,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":531299999.99999994,"currency":"EUR","usd":622683599.9999999,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"netDebt":{"value":13540000.0,"currency":"EUR","usd":15868880.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Borussia Dortmund GmbH & Co. KGaA annual report 2024/25 — consolidated statement of financial position","url":"https://report.bvb.de/annual-report/2024-2025/consolidated-financial-statements/consolidated-statement-of-financial-position.html"},"wages":{"value":111450000.0,"currency":"EUR","usd":129237419.99999999,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":27100000.0,"currency":"EUR","usd":31604019.999999996,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-68800000.0,"currency":"EUR","usd":-80234560.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":31600000.0,"currency":"EUR","usd":36851920.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better revenue scale: 74 to 94 of 100."},{"season":"current","grade":"A","score":90.6,"components":{"revenue":{"score":95},"debt":{"score":97},"wages":{"score":75},"trading":{"score":100}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 82 to 75 of 100."}],"eintracht-frankfurt":[{"season":"2023-24","grade":"B","score":78.6,"components":{"revenue":{"score":25,"leaguePct":0,"overallPct":62,"leagueN":4},"wages":{"score":100,"ratio":0.148},"trading":{"score":100,"avgNetSpendToRevenue":-0.08,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":245200000.0,"currency":"EUR","usd":255106080.0,"confidence":"reported","season":"2023-24","asOf":"2025-01-23","source":"Deloitte Football Money League 2025 (2023/24 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting/analysis/deloitte-football-money-league-2025.html"},"wages":{"value":36330000.0,"currency":"EUR","usd":42128268.0,"confidence":"estimated","season":"2023-24","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2023-24 Europe ranking)","url":"https://www.planetfootball.com/quick-reads/wage-bills-europe-major-leagues-2023-24-man-utd-psg-bayern-real-madrid-barcelona"},"netTransfers":[{"value":-13610000.0,"currency":"EUR","usd":-15871981.999999998,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":7610000.0,"currency":"EUR","usd":8874782.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-52650000.0,"currency":"EUR","usd":-61400429.99999999,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2024-25","grade":"A","score":94.6,"components":{"revenue":{"score":81,"leaguePct":75,"overallPct":89,"leagueN":17},"wages":{"score":100,"ratio":0.15},"trading":{"score":100,"avgNetSpendToRevenue":-0.095,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":269900000.0,"currency":"EUR","usd":316322800.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"wages":{"value":40540000.0,"currency":"EUR","usd":47010184.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":7610000.0,"currency":"EUR","usd":8874782.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-52650000.0,"currency":"EUR","usd":-61400429.99999999,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-31690000.0,"currency":"EUR","usd":-36956878.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better revenue scale: 25 to 81 of 100."},{"season":"current","grade":"A","score":82.9,"components":{"revenue":{"score":79},"wages":{"score":74},"trading":{"score":100}},"missing":["Debt load"],"live":true,"reason":"Worse wages vs revenue: 100 to 74 of 100."}],"freiburg":[{"season":"2024-25","grade":"A","score":89.3,"components":{"revenue":{"score":64,"leaguePct":56,"overallPct":76,"leagueN":17},"wages":{"score":99,"ratio":0.152},"trading":{"score":100,"avgNetSpendToRevenue":-0.071,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":162800000.0,"currency":"EUR","usd":190801600.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"SC Freiburg — Mitgliederversammlung / business newsletter, FY 2024/25 Umsatz","url":"https://www.scfreiburg.com/aktuell/newsletter/business-newsletter/bn-25/26/bn4-eintracht-frankfurt/rueckblick-mitgliederversammlung"},"wages":{"value":24800000.0,"currency":"EUR","usd":28758080.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":-7330000.0,"currency":"EUR","usd":-8548246.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-34300000.0,"currency":"EUR","usd":-40000660.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":7100000.0,"currency":"EUR","usd":8280019.999999999,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"B","score":66.0,"components":{"revenue":{"score":65},"wages":{"score":44},"trading":{"score":100}},"missing":["Debt load"],"live":true,"reason":"Worse wages vs revenue: 99 to 44 of 100."}],"hoffenheim":[{"season":"2024-25","grade":"C","score":61.0,"components":{"revenue":{"score":56,"leaguePct":44,"overallPct":73,"leagueN":17},"wages":{"score":39,"ratio":0.354},"trading":{"score":99,"avgNetSpendToRevenue":0.004,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":150000000.0,"currency":"EUR","usd":175800000.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"TSG Hoffenheim — Jahreshauptversammlung, Nov 2025 (managing director Michael Ströll), FY 2024/25","url":"https://www.tsg-hoffenheim.de/aktuelles/news/2025/11/gedaempfter-aufbruch"},"wages":{"value":53070000.0,"currency":"EUR","usd":61539971.99999999,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":-53750000.0,"currency":"EUR","usd":-62683249.99999999,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":7800000.0,"currency":"EUR","usd":9096360.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":47900000.0,"currency":"EUR","usd":55860980.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"C","score":52.4,"components":{"revenue":{"score":57},"wages":{"score":41},"trading":{"score":65}},"missing":["Debt load"],"live":true,"reason":"Worse net transfer spend vs revenue: 99 to 65 of 100."}],"mainz":[{"season":"2024-25","grade":"B","score":67.0,"components":{"revenue":{"score":34,"leaguePct":12,"overallPct":67,"leagueN":17},"wages":{"score":67,"ratio":0.261},"trading":{"score":100,"avgNetSpendToRevenue":-0.146,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":103500000.0,"currency":"EUR","usd":121302000.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Deloitte Football Money League 2026 — deutsche Ausgabe Abb. 5 (Gesamtumsatz exkl. Transferaktivitäten, 2024/25)","url":"https://www.deloitte.com/content/dam/assets-zone2/de/de/docs/industries/technology-media-telecommunications/2026/Deloitte_Football_Money_League_2026_Studie.pdf"},"wages":{"value":27060000.0,"currency":"EUR","usd":31378775.999999996,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":-4250000.0,"currency":"EUR","usd":-4956350.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-14550000.0,"currency":"EUR","usd":-16968210.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-26600000.0,"currency":"EUR","usd":-31020919.999999996,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"C","score":51.1,"components":{"revenue":{"score":37},"wages":{"score":28},"trading":{"score":100}},"missing":["Debt load"],"live":true,"reason":"Worse wages vs revenue: 67 to 28 of 100."}],"monchengladbach":[{"season":"2024-25","grade":"B","score":77.1,"components":{"revenue":{"score":68,"leaguePct":62,"overallPct":77,"leagueN":17},"wages":{"score":68,"ratio":0.255},"trading":{"score":100,"avgNetSpendToRevenue":-0.01,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":165700000.0,"currency":"EUR","usd":194200400.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Deloitte Football Money League 2026 — deutsche Ausgabe Abb. 5 (Gesamtumsatz exkl. Transferaktivitäten, 2024/25)","url":"https://www.deloitte.com/content/dam/assets-zone2/de/de/docs/industries/technology-media-telecommunications/2026/Deloitte_Football_Money_League_2026_Studie.pdf"},"wages":{"value":42330000.0,"currency":"EUR","usd":49085868.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":1000000.0,"currency":"EUR","usd":1166200.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":4480000.0,"currency":"EUR","usd":5224576.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-10300000.0,"currency":"EUR","usd":-12011860.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"B","score":67.1,"components":{"revenue":{"score":69},"wages":{"score":44},"trading":{"score":100}},"missing":["Debt load"],"live":true,"reason":"Worse wages vs revenue: 68 to 44 of 100."}],"rb-leipzig":[{"season":"2024-25","grade":"A","score":87.3,"components":{"revenue":{"score":90,"leaguePct":88,"overallPct":94,"leagueN":17},"wages":{"score":77,"ratio":0.225},"trading":{"score":100,"avgNetSpendToRevenue":-0.021,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":455000000.0,"currency":"EUR","usd":533260000.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Rasenballsport Leipzig GmbH Jahresabschluss 2024/25 — Umsatzerlöse (via Goalradar write-up of filing)","url":"https://goalradar.de/rb-leipzig-gewinn-und-hoehere-schulden-bei-red-bull/"},"wages":{"value":102440000.0,"currency":"EUR","usd":118789423.99999999,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":-23220000.0,"currency":"EUR","usd":-27079164.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-55800000.0,"currency":"EUR","usd":-65073959.99999999,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":50300000.0,"currency":"EUR","usd":58659859.99999999,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"A","score":90.9,"components":{"revenue":{"score":92},"wages":{"score":84},"trading":{"score":100}},"missing":["Debt load"],"live":true,"reason":"Better wages vs revenue: 77 to 84 of 100."}],"stuttgart":[{"season":"2024-25","grade":"A","score":95.7,"components":{"revenue":{"score":85,"leaguePct":81,"overallPct":91,"leagueN":17},"wages":{"score":100,"ratio":0.13},"trading":{"score":100,"avgNetSpendToRevenue":-0.055,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":296300000.0,"currency":"EUR","usd":347263600.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"wages":{"value":38450000.0,"currency":"EUR","usd":44586620.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":-36810000.0,"currency":"EUR","usd":-42927822.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-26200000.0,"currency":"EUR","usd":-30554439.999999996,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":14550000.0,"currency":"EUR","usd":16968210.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"A","score":88.6,"components":{"revenue":{"score":84},"wages":{"score":84},"trading":{"score":100}},"missing":["Debt load"],"live":true,"reason":"Worse wages vs revenue: 100 to 84 of 100."}],"union-berlin":[{"season":"2024-25","grade":"A","score":90.3,"components":{"revenue":{"score":74,"leaguePct":69,"overallPct":81,"leagueN":17},"wages":{"score":100,"ratio":0.136},"trading":{"score":92,"avgNetSpendToRevenue":0.027,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":191660000.0,"currency":"EUR","usd":224625520.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"1. FC Union Berlin — “Preservation of top-flight status, record attendances and increased equity” (19 May 2026)","url":"https://www.fc-union-berlin.de/en/news/preservation-of-top-flight-status-record-attendances-and-increased-equity--nWqpTN"},"wages":{"value":25990000.0,"currency":"EUR","usd":30138003.999999996,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":-6020000.0,"currency":"EUR","usd":-7020524.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":30600000.0,"currency":"EUR","usd":35685720.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-8800000.0,"currency":"EUR","usd":-10262560.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"A","score":84.7,"components":{"revenue":{"score":74},"wages":{"score":89},"trading":{"score":89}},"missing":["Debt load"],"live":true,"reason":"Worse wages vs revenue: 100 to 89 of 100."}],"werder-bremen":[{"season":"2024-25","grade":"A","score":85.5,"components":{"revenue":{"score":47,"leaguePct":31,"overallPct":71,"leagueN":17},"debt":{"score":99,"ratio":0.013},"wages":{"score":88,"ratio":0.19},"trading":{"score":100,"avgNetSpendToRevenue":-0.05,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":135800000.0,"currency":"EUR","usd":159157600.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Deloitte Football Money League 2026 — deutsche Ausgabe Abb. 5 (Gesamtumsatz exkl. Transferaktivitäten, 2024/25)","url":"https://www.deloitte.com/content/dam/assets-zone2/de/de/docs/industries/technology-media-telecommunications/2026/Deloitte_Football_Money_League_2026_Studie.pdf"},"netDebt":{"value":1797969.94,"currency":"EUR","usd":2107220.76968,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"SV Werder Bremen GmbH & Co KG aA Konzernabschluss 30.06.2025 (audited; Konzernbilanz and Verbindlichkeitenspiegel)","url":"https://a.storyblok.com/f/314264/x/8253972f55/konzernabschluss_30-6-2025.pdf"},"wages":{"value":25800000.0,"currency":"EUR","usd":29917679.999999996,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":1050000.0,"currency":"EUR","usd":1224510.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-22360000.0,"currency":"EUR","usd":-26076232.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":1130000.0,"currency":"EUR","usd":1317806.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"B","score":73.6,"components":{"revenue":{"score":49},"debt":{"score":99},"wages":{"score":47},"trading":{"score":100}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 88 to 47 of 100."}],"wolfsburg":[{"season":"2024-25","grade":"C","score":53.9,"components":{"revenue":{"score":95,"leaguePct":100,"overallPct":88,"leagueN":14},"wages":{"score":7,"ratio":0.503},"trading":{"score":83,"avgNetSpendToRevenue":0.055,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":238854000.0,"currency":"EUR","usd":279936888.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"DFL Finanzkennzahlen der Proficlubs (published 28 May 2026), FY 2024-25 Einzel","url":"https://report.bundesliga.de/2425/de/_assets/downloads/clubs-der-2-bundesliga-2026-2027-geschaeftsjahresende-2025.pdf"},"wages":{"value":120174000.0,"currency":"EUR","usd":140843928.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"DFL Finanzkennzahlen der Proficlubs (published 28 May 2026), FY 2024-25 Einzel","url":"https://report.bundesliga.de/2425/de/_assets/downloads/clubs-der-2-bundesliga-2026-2027-geschaeftsjahresende-2025.pdf"},"netTransfers":[{"value":15970000.0,"currency":"EUR","usd":18624214.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":3700000.0,"currency":"EUR","usd":4314940.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":20050000.0,"currency":"EUR","usd":23382310.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/bundesliga/einnahmenausgaben/wettbewerb/L1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"B","score":75.4,"components":{"revenue":{"score":97},"wages":{"score":60},"trading":{"score":77}},"missing":["Debt load"],"live":true,"reason":"Better wages vs revenue: 7 to 60 of 100."}],"atalanta":[{"season":"2024-25","grade":"A","score":82.1,"components":{"revenue":{"score":75,"leaguePct":69,"overallPct":83,"leagueN":14},"debt":{"score":95,"ratio":0.055},"wages":{"score":62,"ratio":0.277},"trading":{"score":100,"avgNetSpendToRevenue":-0.174,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":203000000.0,"currency":"EUR","usd":237916000.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"The Swiss Ramble — Atalanta Finances 2024/25 (club accounts)","url":"https://swissramble.substack.com/p/atalanta-finances-202425"},"netDebt":{"value":11100675.0,"currency":"EUR","usd":13009991.1,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Atalanta Bergamasca Calcio S.p.A. / Gruppo Atalanta Bilancio Consolidato al 30 giugno 2025 — indebitamento finanziario netto (club UEFA-licence filing)","url":"https://images.atalanta.it/image/private/t_q-good/prd/rathggpreuaydapodvh9.pdf"},"wages":{"value":56240000.0,"currency":"EUR","usd":65215903.99999999,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":-25450000.0,"currency":"EUR","usd":-29679789.999999996,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-83010000.0,"currency":"EUR","usd":-96806262.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":2190000.0,"currency":"EUR","usd":2553978.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"A","score":82.6,"components":{"revenue":{"score":82},"debt":{"score":95},"wages":{"score":59},"trading":{"score":100}},"missing":[],"live":true,"reason":"Better revenue scale: 75 to 82 of 100."}],"cagliari":[{"season":"2024-25","grade":"D","score":38.2,"components":{"revenue":{"score":39,"leaguePct":31,"overallPct":51,"leagueN":14},"debt":{"score":45,"ratio":0.621},"wages":{"score":31,"ratio":0.387}},"missing":["trading"],"inputs":{"revenue":{"value":63800000.0,"currency":"EUR","usd":74773600.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Economia e Sport — bilanci Serie A 2024/25 (Ricavi al netto del player trading)","url":"https://www.economiaesport.it/2026/02/06/bilanci-squadre-serie-a-ricavi-costi-debiti-utili-o-perdite-al-2024-2025/"},"netDebt":{"value":39600000.0,"currency":"EUR","usd":46411200.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Cagliari Calcio bilancio al 30 giugno 2025 — indebitamento finanziario netto (via Calcio e Finanza quoting official documents)","url":"https://www.calcioefinanza.it/2026/01/16/cagliari-bilancio-2025-calcio-fatturato-costi-debiti/"},"wages":{"value":24670000.0,"currency":"EUR","usd":28607332.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"}},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"C","score":57.0,"components":{"revenue":{"score":41},"debt":{"score":45},"wages":{"score":51},"trading":{"score":100}},"missing":[],"live":true,"reason":"Better wages vs revenue: 31 to 51 of 100."}],"como":[{"season":"2024-25","grade":"D","score":44.0,"components":{"revenue":{"score":26,"leaguePct":15,"overallPct":43,"leagueN":14},"debt":{"score":100,"ratio":-0.159},"wages":{"score":0,"ratio":0.728}},"missing":["trading"],"inputs":{"revenue":{"value":48500000.0,"currency":"EUR","usd":56842000.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Economia e Sport — bilanci Serie A 2024/25 (Ricavi al netto del player trading)","url":"https://www.economiaesport.it/2026/02/06/bilanci-squadre-serie-a-ricavi-costi-debiti-utili-o-perdite-al-2024-2025/"},"netDebt":{"value":-7700000.0,"currency":"EUR","usd":-9024400.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Calcio e Finanza (citing official club accounts)","url":"https://www.calcioefinanza.it/2025/12/10/como-bilancio-2025-ricavi-costi-perdite/"},"wages":{"value":35310000.0,"currency":"EUR","usd":40945476.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"}},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"D","score":35.6,"components":{"revenue":{"score":28},"debt":{"score":100},"wages":{"score":0},"trading":{"score":0}},"missing":[],"live":true,"reason":"Little change: biggest move was revenue scale (26 to 28 of 100)."}],"cremonese":[{"season":"2024-25","grade":"B","score":65.5,"components":{"revenue":{"score":67,"leaguePct":80,"overallPct":46,"leagueN":6},"debt":{"score":100,"ratio":-0.028},"wages":{"score":30,"ratio":0.389}},"missing":["trading"],"inputs":{"revenue":{"value":57400000.0,"currency":"EUR","usd":67272800.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Calcio e Finanza — Bilancio Cremonese 2025 (club accounts YE 30 Jun 2025)","url":"https://www.calcioefinanza.it/2025/11/26/bilancio-cremonese-2025-quanto-paga-arvedi-sponsor/"},"netDebt":{"value":-1600000.0,"currency":"EUR","usd":-1875200.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"U.S. Cremonese bilancio al 30 giugno 2025 — posizione finanziaria netta (via Calcio e Finanza quoting official documents)","url":"https://www.calcioefinanza.it/2025/11/26/bilancio-cremonese-2025-quanto-paga-arvedi-sponsor/"},"wages":{"value":22300000.0,"currency":"EUR","usd":26135600.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Calcio e Finanza — Bilancio Cremonese 2025 (club accounts YE 30 Jun 2025)","url":"https://www.calcioefinanza.it/2025/11/26/bilancio-cremonese-2025-quanto-paga-arvedi-sponsor/"}},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"C","score":51.2,"components":{"revenue":{"score":38},"debt":{"score":100},"wages":{"score":30},"trading":{"score":23}},"missing":[],"live":true,"reason":"Worse revenue scale: 67 to 38 of 100."}],"genoa":[{"season":"2024-25","grade":"D","score":35.0,"components":{"revenue":{"score":59,"leaguePct":54,"overallPct":66,"leagueN":14},"debt":{"score":13,"ratio":1.41},"wages":{"score":41,"ratio":0.347}},"missing":["trading"],"inputs":{"revenue":{"value":99700000.0,"currency":"EUR","usd":116848400.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Economia e Sport — bilanci Serie A 2024/25 (Ricavi al netto del player trading)","url":"https://www.economiaesport.it/2026/02/06/bilanci-squadre-serie-a-ricavi-costi-debiti-utili-o-perdite-al-2024-2025/"},"netDebt":{"value":140600000.0,"currency":"EUR","usd":164783200.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Calcio e Finanza / GenoaOggi (Serie A bilanci 2024/25)","url":"https://www.calcioefinanza.it/2026/02/03/classifica-debiti-serie-a-2025-inter-juventus-milan-napoli/"},"wages":{"value":34570000.0,"currency":"EUR","usd":40087372.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"}},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"C","score":54.0,"components":{"revenue":{"score":59},"debt":{"score":13},"wages":{"score":61},"trading":{"score":100}},"missing":[],"live":true,"reason":"Better wages vs revenue: 41 to 61 of 100."}],"hellas-verona":[{"season":"2024-25","grade":"C","score":58.5,"components":{"revenue":{"score":83,"leaguePct":100,"overallPct":57,"leagueN":6},"debt":{"score":17,"ratio":1.271},"wages":{"score":56,"ratio":0.296},"trading":{"score":100,"avgNetSpendToRevenue":-0.501,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":70000000.0,"currency":"EUR","usd":82040000.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Economia e Sport — bilanci Serie A 2024/25 (Ricavi al netto del player trading)","url":"https://www.economiaesport.it/2026/02/06/bilanci-squadre-serie-a-ricavi-costi-debiti-utili-o-perdite-al-2024-2025/"},"netDebt":{"value":89000000.0,"currency":"EUR","usd":104308000.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Hellas Verona FC S.p.A. bilancio al 30 giugno 2025 — indebitamento finanziario netto (via Calcio e Finanza quoting official documents)","url":"https://www.calcioefinanza.it/2025/11/23/hellas-verona-bilancio-2025-fatturato-costi-setti-presidio-investors/"},"wages":{"value":20730000.0,"currency":"EUR","usd":24038508.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":9900000.0,"currency":"EUR","usd":11545380.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-87460000.0,"currency":"EUR","usd":-101995852.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-27580000.0,"currency":"EUR","usd":-32163795.999999996,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"C","score":55.4,"components":{"revenue":{"score":51},"debt":{"score":17},"wages":{"score":67},"trading":{"score":100}},"missing":[],"live":true,"reason":"Worse revenue scale: 83 to 51 of 100."}],"inter":[{"season":"2023-24","grade":"B","score":74.3,"components":{"revenue":{"score":76,"leaguePct":75,"overallPct":78,"leagueN":5},"wages":{"score":56,"ratio":0.296},"trading":{"score":100,"avgNetSpendToRevenue":-0.147,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":391000000.0,"currency":"EUR","usd":406796400.0,"confidence":"reported","season":"2023-24","asOf":"2025-01-23","source":"Deloitte Football Money League 2025 (2023/24 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting/analysis/deloitte-football-money-league-2025.html"},"wages":{"value":115780000.0,"currency":"EUR","usd":134258488.0,"confidence":"estimated","season":"2023-24","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2023-24 Europe ranking)","url":"https://www.planetfootball.com/quick-reads/wage-bills-europe-major-leagues-2023-24-man-utd-psg-bayern-real-madrid-barcelona"},"netTransfers":[{"value":-165600000.0,"currency":"EUR","usd":-193122720.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":40930000.0,"currency":"EUR","usd":47732566.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-47580000.0,"currency":"EUR","usd":-55487796.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2024-25","grade":"B","score":73.8,"components":{"revenue":{"score":98,"leaguePct":100,"overallPct":95,"leagueN":14},"debt":{"score":56,"ratio":0.462},"wages":{"score":64,"ratio":0.269},"trading":{"score":91,"avgNetSpendToRevenue":0.03,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":537500000.0,"currency":"EUR","usd":629950000.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"netDebt":{"value":248400000.0,"currency":"EUR","usd":291124800.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"FC Internazionale Milano bilancio consolidato al 30 giugno 2025 — indebitamento finanziario netto (via Calcio e Finanza quoting official documents)","url":"https://www.calcioefinanza.it/2025/10/15/inter-bilancio-2025-conti-fatturato-costi-debiti-patrimonio-netto/"},"wages":{"value":144500000.0,"currency":"EUR","usd":167562200.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":40930000.0,"currency":"EUR","usd":47732566.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-47580000.0,"currency":"EUR","usd":-55487796.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":54370000.0,"currency":"EUR","usd":63406293.99999999,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better revenue scale: 76 to 98 of 100."},{"season":"current","grade":"B","score":74.4,"components":{"revenue":{"score":99},"debt":{"score":56},"wages":{"score":66},"trading":{"score":90}},"missing":[],"live":true,"reason":"Little change: biggest move was wages vs revenue (64 to 66 of 100)."}],"juventus":[{"season":"2023-24","grade":"C","score":53.7,"components":{"revenue":{"score":60,"leaguePct":50,"overallPct":75,"leagueN":5},"wages":{"score":42,"ratio":0.342},"trading":{"score":65,"avgNetSpendToRevenue":0.119,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":355700000.0,"currency":"EUR","usd":370070280.0,"confidence":"reported","season":"2023-24","asOf":"2025-01-23","source":"Deloitte Football Money League 2025 (2023/24 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting/analysis/deloitte-football-money-league-2025.html"},"wages":{"value":121592000.0,"currency":"EUR","usd":140998083.2,"confidence":"estimated","season":"2023-24","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2023-24 Europe ranking)","url":"https://www.planetfootball.com/quick-reads/wage-bills-europe-major-leagues-2023-24-man-utd-psg-bayern-real-madrid-barcelona"},"netTransfers":[{"value":79520000.0,"currency":"EUR","usd":92736224.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":17760000.0,"currency":"EUR","usd":20711712.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":30220000.0,"currency":"EUR","usd":35242564.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2024-25","grade":"C","score":61.8,"components":{"revenue":{"score":88,"leaguePct":85,"overallPct":92,"leagueN":14},"debt":{"score":40,"ratio":0.698},"wages":{"score":62,"ratio":0.277},"trading":{"score":68,"avgNetSpendToRevenue":0.107,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":401700000.0,"currency":"EUR","usd":470792400.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"netDebt":{"value":280200000.0,"currency":"EUR","usd":328394400.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Juventus F.C. S.p.A. — approval of draft statutory and consolidated financial statements as at 30 June 2025","url":"https://www.juventus.com/images/image/private/fl_attachment/dev/zla146d6mrs3cfwuyrwd.pdf"},"wages":{"value":111072000.0,"currency":"EUR","usd":128799091.19999999,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":17760000.0,"currency":"EUR","usd":20711712.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":30220000.0,"currency":"EUR","usd":35242564.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":80400000.0,"currency":"EUR","usd":93762480.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better wages vs revenue: 42 to 62 of 100 (ratio 34% to 28%)."},{"season":"current","grade":"C","score":58.5,"components":{"revenue":{"score":91},"debt":{"score":40},"wages":{"score":53},"trading":{"score":62}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 62 to 53 of 100."}],"lecce":[{"season":"2024-25","grade":"C","score":64.8,"components":{"revenue":{"score":32,"leaguePct":23,"overallPct":45,"leagueN":14},"debt":{"score":94,"ratio":0.056},"wages":{"score":34,"ratio":0.374},"trading":{"score":100,"avgNetSpendToRevenue":-0.271,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":55500000.0,"currency":"EUR","usd":65046000.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Economia e Sport — bilanci Serie A 2024/25 (Ricavi al netto del player trading)","url":"https://www.economiaesport.it/2026/02/06/bilanci-squadre-serie-a-ricavi-costi-debiti-utili-o-perdite-al-2024-2025/"},"netDebt":{"value":3100000.0,"currency":"EUR","usd":3633200.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"U.S. Lecce bilancio al 30 giugno 2025 — indebitamento finanziario netto (via Calcio e Finanza quoting official documents)","url":"https://www.calcioefinanza.it/2026/01/23/lecce-bilancio-2025-fatturato-utile-plusvalenze/"},"wages":{"value":20740000.0,"currency":"EUR","usd":24050104.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":3030000.0,"currency":"EUR","usd":3533586.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":420000.0,"currency":"EUR","usd":489803.99999999994,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-48580000.0,"currency":"EUR","usd":-56653996.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"B","score":73.1,"components":{"revenue":{"score":36},"debt":{"score":94},"wages":{"score":59},"trading":{"score":100}},"missing":[],"live":true,"reason":"Better wages vs revenue: 34 to 59 of 100."}],"milan":[{"season":"2023-24","grade":"B","score":75.7,"components":{"revenue":{"score":92,"leaguePct":100,"overallPct":80,"leagueN":5},"wages":{"score":80,"ratio":0.216},"trading":{"score":53,"avgNetSpendToRevenue":0.166,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":397600000.0,"currency":"EUR","usd":413663040.0,"confidence":"reported","season":"2023-24","asOf":"2025-01-23","source":"Deloitte Football Money League 2025 (2023/24 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting/analysis/deloitte-football-money-league-2025.html"},"wages":{"value":86000000.0,"currency":"EUR","usd":99725600.0,"confidence":"estimated","season":"2023-24","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2023-24 Europe ranking)","url":"https://www.planetfootball.com/quick-reads/wage-bills-europe-major-leagues-2023-24-man-utd-psg-bayern-real-madrid-barcelona"},"netTransfers":[{"value":95320000.0,"currency":"EUR","usd":111162184.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":50680000.0,"currency":"EUR","usd":59103015.99999999,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":52060000.0,"currency":"EUR","usd":60712371.99999999,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2024-25","grade":"B","score":74.3,"components":{"revenue":{"score":92,"leaguePct":92,"overallPct":93,"leagueN":14},"wages":{"score":74,"ratio":0.238},"trading":{"score":57,"avgNetSpendToRevenue":0.153,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":410400000.0,"currency":"EUR","usd":480988800.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"wages":{"value":97550000.0,"currency":"EUR","usd":113118980.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":50680000.0,"currency":"EUR","usd":59103015.99999999,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":52060000.0,"currency":"EUR","usd":60712371.99999999,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":85340000.0,"currency":"EUR","usd":99523508.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Worse wages vs revenue: 80 to 74 of 100 (ratio 22% to 24%)."},{"season":"current","grade":"B","score":72.8,"components":{"revenue":{"score":95},"debt":{"score":65},"wages":{"score":69},"trading":{"score":68}},"missing":[],"live":true,"reason":"Better net transfer spend vs revenue: 57 to 68 of 100."}],"napoli":[{"season":"2023-24","grade":"C","score":60.9,"components":{"revenue":{"score":41,"leaguePct":25,"overallPct":65,"leagueN":5},"wages":{"score":56,"ratio":0.298},"trading":{"score":88,"avgNetSpendToRevenue":0.041,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":253600000.0,"currency":"EUR","usd":263845440.0,"confidence":"reported","season":"2023-24","asOf":"2025-01-23","source":"Deloitte Football Money League 2025 (2023/24 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting/analysis/deloitte-football-money-league-2025.html"},"wages":{"value":75470000.0,"currency":"EUR","usd":87515012.0,"confidence":"estimated","season":"2023-24","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2023-24 Europe ranking)","url":"https://www.planetfootball.com/quick-reads/wage-bills-europe-major-leagues-2023-24-man-utd-psg-bayern-real-madrid-barcelona"},"netTransfers":[{"value":21200000.0,"currency":"EUR","usd":24723440.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":-6880000.0,"currency":"EUR","usd":-8023455.999999999,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":17250000.0,"currency":"EUR","usd":20116950.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2024-25","grade":"C","score":58.9,"components":{"revenue":{"score":69,"leaguePct":62,"overallPct":79,"leagueN":14},"debt":{"score":100,"ratio":-0.765},"wages":{"score":9,"ratio":0.487},"trading":{"score":62,"avgNetSpendToRevenue":0.132,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":179000000.0,"currency":"EUR","usd":210325000.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-01","source":"Football Benchmark European Champions Report 2026 (2024/25 operating revenue)","url":"https://footballbenchmark.com/w/the-european-champions-report-2026"},"netDebt":{"value":-137000000.0,"currency":"EUR","usd":-160564000.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"SSC Napoli S.p.A. bilancio al 30 giugno 2025 — indebitamento finanziario netto (via Calcio e Finanza quoting official documents)","url":"https://www.calcioefinanza.it/2025/12/02/napoli-bilancio-2025-fatturato-costi-debiti/"},"wages":{"value":87150000.0,"currency":"EUR","usd":101059140.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":-6880000.0,"currency":"EUR","usd":-8023455.999999999,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":17250000.0,"currency":"EUR","usd":20116950.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":60400000.0,"currency":"EUR","usd":70438480.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Worse wages vs revenue: 56 to 9 of 100 (ratio 30% to 49%)."},{"season":"current","grade":"C","score":55.8,"components":{"revenue":{"score":78},"debt":{"score":100},"wages":{"score":0},"trading":{"score":51}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 9 to 0 of 100."}],"roma":[{"season":"2023-24","grade":"D","score":45.6,"components":{"revenue":{"score":25,"leaguePct":0,"overallPct":63,"leagueN":5},"wages":{"score":23,"ratio":0.419},"trading":{"score":100,"avgNetSpendToRevenue":-0.019,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":249000000.0,"currency":"EUR","usd":259059600.0,"confidence":"reported","season":"2023-24","asOf":"2025-01-23","source":"Deloitte Football Money League 2025 (2023/24 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting/analysis/deloitte-football-money-league-2025.html"},"wages":{"value":104400000.0,"currency":"EUR","usd":121062239.99999999,"confidence":"estimated","season":"2023-24","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2023-24 Europe ranking)","url":"https://www.planetfootball.com/quick-reads/wage-bills-europe-major-leagues-2023-24-man-utd-psg-bayern-real-madrid-barcelona"},"netTransfers":[{"value":114990000.0,"currency":"EUR","usd":134101337.99999999,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":-72360000.0,"currency":"EUR","usd":-84386232.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-56880000.0,"currency":"EUR","usd":-66333455.99999999,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2024-25","grade":"D","score":45.3,"components":{"revenue":{"score":80,"leaguePct":77,"overallPct":85,"leagueN":14},"debt":{"score":5,"ratio":1.77},"wages":{"score":26,"ratio":0.406},"trading":{"score":100,"avgNetSpendToRevenue":-0.025,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":216300000.0,"currency":"EUR","usd":253503600.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"netDebt":{"value":382818000.0,"currency":"EUR","usd":448662696.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"A.S. Roma S.r.l. — Bilancio di esercizio e consolidato al 30 giugno 2025 (Relazione sulla gestione / Indebitamento finanziario netto)","url":"https://media.asroma.com/prod/files/file/gm-af5a5d7a-4129-48ec-ba0f-e27c9e2c327c-bilancio-di-esercizio-e-consolidato-al-30-giugno-2025.pdf"},"wages":{"value":87710000.0,"currency":"EUR","usd":101708516.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":-72360000.0,"currency":"EUR","usd":-84386232.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-56880000.0,"currency":"EUR","usd":-66333455.99999999,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":112900000.0,"currency":"EUR","usd":131663979.99999999,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better revenue scale: 25 to 80 of 100."},{"season":"current","grade":"F","score":33.9,"components":{"revenue":{"score":86},"debt":{"score":5},"wages":{"score":8},"trading":{"score":64}},"missing":[],"live":true,"reason":"Worse net transfer spend vs revenue: 100 to 64 of 100."}],"torino":[{"season":"2024-25","grade":"D","score":43.4,"components":{"revenue":{"score":52,"leaguePct":46,"overallPct":60,"leagueN":14},"wages":{"score":0,"ratio":0.565},"trading":{"score":100,"avgNetSpendToRevenue":-0.114,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":78405000.0,"currency":"EUR","usd":92125875.0,"confidence":"reported","season":"2024-25","asOf":"2025-12-31","source":"Torino Football Club S.p.A. Bilancio al 31 dicembre 2025 — valore della produzione della gestione corrente (club filing)","url":"https://www.torinofc.it/sites/default/files/bilanci/Bilancio%20311225_0.pdf"},"wages":{"value":44260000.0,"currency":"EUR","usd":51323896.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":-28940000.0,"currency":"EUR","usd":-33749828.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":26830000.0,"currency":"EUR","usd":31289145.999999996,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-24820000.0,"currency":"EUR","usd":-28945083.999999996,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"D","score":47.0,"components":{"revenue":{"score":54},"debt":{"score":50},"wages":{"score":4},"trading":{"score":100}},"missing":[],"live":true,"reason":"Better wages vs revenue: 0 to 4 of 100."}],"udinese":[{"season":"2024-25","grade":"D","score":45.7,"components":{"revenue":{"score":45,"leaguePct":38,"overallPct":56,"leagueN":14},"debt":{"score":33,"ratio":0.836},"wages":{"score":28,"ratio":0.399},"trading":{"score":92,"avgNetSpendToRevenue":0.028,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":69400000.0,"currency":"EUR","usd":81336800.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Economia e Sport — bilanci Serie A 2024/25 (Ricavi al netto del player trading)","url":"https://www.economiaesport.it/2026/02/06/bilanci-squadre-serie-a-ricavi-costi-debiti-utili-o-perdite-al-2024-2025/"},"netDebt":{"value":58000000.0,"currency":"EUR","usd":67976000.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Udinese Calcio assemblea soci — bilancio d'esercizio al 30 giugno 2025 (club comunicato, PFN)","url":"https://www.udinese.it/news/societa/governance-virtuosa-e-conti-in-ordine-bilancio-desercizio-2425-in-utile-per-udinese-calcio"},"wages":{"value":27720000.0,"currency":"EUR","usd":32144111.999999996,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":8860000.0,"currency":"EUR","usd":10332532.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":1650000.0,"currency":"EUR","usd":1924229.9999999998,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-4630000.0,"currency":"EUR","usd":-5399506.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/serie-a/einnahmenausgaben/wettbewerb/IT1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"C","score":56.5,"components":{"revenue":{"score":49},"debt":{"score":33},"wages":{"score":56},"trading":{"score":100}},"missing":[],"live":true,"reason":"Better wages vs revenue: 28 to 56 of 100."}],"lens":[{"season":"2024-25","grade":"C","score":56.0,"components":{"revenue":{"score":45,"leaguePct":38,"overallPct":55,"leagueN":9},"debt":{"score":61,"ratio":0.392},"wages":{"score":29,"ratio":0.392},"trading":{"score":100,"avgNetSpendToRevenue":-0.399,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":68780000.0,"currency":"EUR","usd":80610160.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"DNCG 2024/25 club accounts — RC Lens chiffre d'affaires hors mutations (via Sportune transcription)","url":"https://sportune.20minutes.fr/rc-lens-une-saison-2025-a-4-me-de-benefices-mais-heureusement-le-mercato-399930"},"netDebt":{"value":26963000.0,"currency":"EUR","usd":31600636.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"DNCG (LFP) individual club accounts 2024/25 — comptes individuels des clubs","url":"https://patrickbayeux.com/wp-content/uploads/2026/04/2604-Dds-lfp-sncg-COMPTES_INDIVIDUELS_CLUBS_2024_2025.pdf"},"wages":{"value":26990000.0,"currency":"EUR","usd":31297603.999999996,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":-7610000.0,"currency":"EUR","usd":-8874782.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-4790000.0,"currency":"EUR","usd":-5586098.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-69840000.0,"currency":"EUR","usd":-81447408.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"D","score":49.5,"components":{"revenue":{"score":56},"debt":{"score":61},"wages":{"score":0},"trading":{"score":100}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 29 to 0 of 100."}],"lille":[{"season":"2024-25","grade":"A","score":91.3,"components":{"revenue":{"score":85,"leaguePct":88,"overallPct":82,"leagueN":9},"debt":{"score":100,"ratio":-0.366},"wages":{"score":81,"ratio":0.215},"trading":{"score":100,"avgNetSpendToRevenue":-0.214,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":191844000.0,"currency":"EUR","usd":224841168.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"DNCG 2024/25 club accounts — LOSC chiffre d'affaires hors mutations (via Sportune transcription)","url":"https://sportune.20minutes.fr/losc-tv-sponsors-billetterie-salaires-une-saison-record-a-81-me-de-benefices-399935"},"netDebt":{"value":-70272000.0,"currency":"EUR","usd":-82358784.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"DNCG (LFP) individual club accounts 2024/25 — comptes individuels des clubs","url":"https://patrickbayeux.com/wp-content/uploads/2026/04/2604-Dds-lfp-sncg-COMPTES_INDIVIDUELS_CLUBS_2024_2025.pdf"},"wages":{"value":41200000.0,"currency":"EUR","usd":47775520.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":-81270000.0,"currency":"EUR","usd":-94777074.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-5150000.0,"currency":"EUR","usd":-6005930.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-36660000.0,"currency":"EUR","usd":-42752892.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"A","score":88.0,"components":{"revenue":{"score":91},"debt":{"score":100},"wages":{"score":66},"trading":{"score":100}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 81 to 66 of 100."}],"lyon":[{"season":"2023-24","grade":"B","score":74.9,"components":{"revenue":{"score":27,"leaguePct":0,"overallPct":68,"leagueN":3},"wages":{"score":90,"ratio":0.183},"trading":{"score":100,"avgNetSpendToRevenue":-0.192,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":264100000.00000003,"currency":"EUR","usd":274769640.0,"confidence":"reported","season":"2023-24","asOf":"2025-01-23","source":"Deloitte Football Money League 2025 (2023/24 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting/analysis/deloitte-football-money-league-2025.html"},"wages":{"value":48400000.0,"currency":"EUR","usd":56124640.0,"confidence":"estimated","season":"2023-24","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2023-24 Europe ranking)","url":"https://www.planetfootball.com/quick-reads/wage-bills-europe-major-leagues-2023-24-man-utd-psg-bayern-real-madrid-barcelona"},"netTransfers":[{"value":-80680000.0,"currency":"EUR","usd":-94089016.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":-47400000.0,"currency":"EUR","usd":-55277880.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-24240000.0,"currency":"EUR","usd":-28268688.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2024-25","grade":"C","score":54.3,"components":{"revenue":{"score":68,"leaguePct":62,"overallPct":76,"leagueN":9},"wages":{"score":18,"ratio":0.437},"trading":{"score":95,"avgNetSpendToRevenue":0.017,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":162600000.0,"currency":"EUR","usd":190567200.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Olympique Lyonnais Groupe FY 2024/25 results (revenue excluding player trading)","url":"https://www.finanzwire.com/press-release/olympique-lyonnais-groupe-epa-olg-annual-results-for-the-20242025-financial-year-w7mQHA9T6ZK"},"wages":{"value":71010000.0,"currency":"EUR","usd":82343196.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":-47400000.0,"currency":"EUR","usd":-55277880.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-24240000.0,"currency":"EUR","usd":-28268688.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":79740000.0,"currency":"EUR","usd":92992788.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Worse wages vs revenue: 90 to 18 of 100 (ratio 18% to 44%)."},{"season":"current","grade":"D","score":44.3,"components":{"revenue":{"score":81},"debt":{"score":0},"wages":{"score":27},"trading":{"score":100}},"missing":[],"live":true,"reason":"Better wages vs revenue: 18 to 27 of 100."}],"marseille":[{"season":"2023-24","grade":"C","score":60.0,"components":{"revenue":{"score":58,"leaguePct":50,"overallPct":71,"leagueN":3},"wages":{"score":68,"ratio":0.257},"trading":{"score":50,"avgNetSpendToRevenue":0.179,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":287000000.0,"currency":"EUR","usd":298594800.0,"confidence":"reported","season":"2023-24","asOf":"2025-01-23","source":"Deloitte Football Money League 2025 (2023/24 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting/analysis/deloitte-football-money-league-2025.html"},"wages":{"value":73740000.0,"currency":"EUR","usd":85508904.0,"confidence":"estimated","season":"2023-24","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2023-24 Europe ranking)","url":"https://www.planetfootball.com/quick-reads/wage-bills-europe-major-leagues-2023-24-man-utd-psg-bayern-real-madrid-barcelona"},"netTransfers":[{"value":46120000.0,"currency":"EUR","usd":53785144.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":84070000.0,"currency":"EUR","usd":98042434.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":23500000.0,"currency":"EUR","usd":27405700.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2024-25","grade":"C","score":63.6,"components":{"revenue":{"score":77,"leaguePct":75,"overallPct":81,"leagueN":9},"debt":{"score":100,"ratio":-0.215},"wages":{"score":34,"ratio":0.374},"trading":{"score":40,"avgNetSpendToRevenue":0.226,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":188700000.0,"currency":"EUR","usd":221156400.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"netDebt":{"value":-40597000.0,"currency":"EUR","usd":-47579684.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"DNCG (LFP) individual club accounts 2024/25 — comptes individuels des clubs","url":"https://patrickbayeux.com/wp-content/uploads/2026/04/2604-Dds-lfp-sncg-COMPTES_INDIVIDUELS_CLUBS_2024_2025.pdf"},"wages":{"value":70600000.0,"currency":"EUR","usd":81867760.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":84070000.0,"currency":"EUR","usd":98042434.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":23500000.0,"currency":"EUR","usd":27405700.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":20250000.0,"currency":"EUR","usd":23615550.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Worse wages vs revenue: 68 to 34 of 100 (ratio 26% to 37%)."},{"season":"current","grade":"B","score":67.1,"components":{"revenue":{"score":87},"debt":{"score":100},"wages":{"score":7},"trading":{"score":88}},"missing":[],"live":true,"reason":"Better net transfer spend vs revenue: 40 to 88 of 100."}],"psg":[{"season":"2023-24","grade":"C","score":59.3,"components":{"revenue":{"score":99,"leaguePct":100,"overallPct":97,"leagueN":3},"wages":{"score":37,"ratio":0.361},"trading":{"score":53,"avgNetSpendToRevenue":0.169,"seasons":["2021-22","2022-23","2023-24"]}},"missing":["debt"],"inputs":{"revenue":{"value":805900000.0,"currency":"EUR","usd":838458360.0,"confidence":"reported","season":"2023-24","asOf":"2025-01-23","source":"Deloitte Football Money League 2025 (2023/24 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting/analysis/deloitte-football-money-league-2025.html"},"wages":{"value":290990000.0,"currency":"EUR","usd":337432004.0,"confidence":"estimated","season":"2023-24","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2023-24 Europe ranking)","url":"https://www.planetfootball.com/quick-reads/wage-bills-europe-major-leagues-2023-24-man-utd-psg-bayern-real-madrid-barcelona"},"netTransfers":[{"value":80000000.0,"currency":"EUR","usd":93296000.0,"confidence":"reported","season":"2021-22","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2021&saison_id_bis=2021&art=0"},{"value":85200000.0,"currency":"EUR","usd":99360240.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":243850000.0,"currency":"EUR","usd":284377870.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"2024-25","grade":"B","score":65.7,"components":{"revenue":{"score":99,"leaguePct":100,"overallPct":99,"leagueN":9},"debt":{"score":47,"ratio":0.592},"wages":{"score":72,"ratio":0.245},"trading":{"score":51,"avgNetSpendToRevenue":0.175,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":837000000.0,"currency":"EUR","usd":980964000.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"netDebt":{"value":495910000.0,"currency":"EUR","usd":581206520.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Luca Marotta analysis of Paris Saint-Germain aggregated DNCG / LFP accounts YE 30 Jun 2025 (UEFA Club Licensing net-debt definition)","url":"https://luckmar.blogspot.com/2026/05/paris-saint-germain-202425-perdita-di.html"},"wages":{"value":205060000.0,"currency":"EUR","usd":237787575.99999997,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":85200000.0,"currency":"EUR","usd":99360240.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":243850000.0,"currency":"EUR","usd":284377870.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":110820000.0,"currency":"EUR","usd":129238283.99999999,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"Better wages vs revenue: 37 to 72 of 100 (ratio 36% to 24%)."},{"season":"current","grade":"B","score":69.7,"components":{"revenue":{"score":100},"debt":{"score":47},"wages":{"score":82},"trading":{"score":55}},"missing":[],"live":true,"reason":"Better wages vs revenue: 72 to 82 of 100."}],"rennes":[{"season":"2024-25","grade":"D","score":48.9,"components":{"revenue":{"score":56,"leaguePct":50,"overallPct":65,"leagueN":9},"debt":{"score":7,"ratio":1.633},"wages":{"score":52,"ratio":0.31},"trading":{"score":100,"avgNetSpendToRevenue":-0.343,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":93379000.0,"currency":"EUR","usd":109440188.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"DNCG 2024/25 club accounts — Stade Rennais chiffre d'affaires hors mutations (via Sportune transcription)","url":"https://sportune.20minutes.fr/le-stade-rennais-a-boucle-la-saison-derniere-avec-un-deficit-record-399894"},"netDebt":{"value":152456000.0,"currency":"EUR","usd":178678432.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"DNCG (LFP) individual club accounts 2024/25 — comptes individuels des clubs","url":"https://patrickbayeux.com/wp-content/uploads/2026/04/2604-Dds-lfp-sncg-COMPTES_INDIVIDUELS_CLUBS_2024_2025.pdf"},"wages":{"value":28990000.0,"currency":"EUR","usd":33616804.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":-11000000.0,"currency":"EUR","usd":-12828200.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-62100000.0,"currency":"EUR","usd":-72421020.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-22890000.0,"currency":"EUR","usd":-26694318.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"F","score":34.5,"components":{"revenue":{"score":62},"debt":{"score":7},"wages":{"score":0},"trading":{"score":100}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 52 to 0 of 100."}],"strasbourg":[{"season":"2024-25","grade":"D","score":36.4,"components":{"revenue":{"score":29,"leaguePct":25,"overallPct":36,"leagueN":9},"debt":{"score":100,"ratio":-1.946},"wages":{"score":2,"ratio":0.54},"trading":{"score":0,"avgNetSpendToRevenue":0.65,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":38761000.0,"currency":"EUR","usd":45427892.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"DNCG 2024/25 club accounts — RC Strasbourg chiffre d'affaires hors mutations (via Sportune transcription)","url":"https://sportune.20minutes.fr/rc-strasbourg-78-me-de-pertes-un-record-pour-le-club-alsacien-399901"},"netDebt":{"value":-75448000.0,"currency":"EUR","usd":-88425056.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"DNCG (LFP) individual club accounts 2024/25 — comptes individuels des clubs","url":"https://patrickbayeux.com/wp-content/uploads/2026/04/2604-Dds-lfp-sncg-COMPTES_INDIVIDUELS_CLUBS_2024_2025.pdf"},"wages":{"value":20920000.0,"currency":"EUR","usd":24258832.0,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":-3900000.0,"currency":"EUR","usd":-4548180.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":17600000.0,"currency":"EUR","usd":20525120.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":61900000.0,"currency":"EUR","usd":72187780.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/ligue-1/einnahmenausgaben/wettbewerb/FR1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"D","score":38.4,"components":{"revenue":{"score":42},"debt":{"score":100},"wages":{"score":0},"trading":{"score":0}},"missing":[],"live":true,"reason":"Better revenue scale: 29 to 42 of 100."}],"feyenoord":[{"season":"2024-25","grade":"A","score":92.0,"components":{"revenue":{"score":78,"leaguePct":80,"overallPct":75,"leagueN":6},"debt":{"score":96,"ratio":0.041},"trading":{"score":100,"avgNetSpendToRevenue":-0.212,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["wages"],"inputs":{"revenue":{"value":160000000.0,"currency":"EUR","usd":187520000.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Feyenoord jaarverslag 2024-2025 (omzet) — club news","url":"https://www.feyenoord.com/nl/news/financieel-recordjaar-voor-feyenoord-091025"},"netDebt":{"value":6617000.0,"currency":"EUR","usd":7755124.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Feyenoord Rotterdam N.V. jaarverslag 2024-2025 (geconsolideerde balans; note 2.2.1; € x1,000)","url":"https://cdn.sanity.io/files/2hlolhb1/production/3b58ecdd9732113a40e1d201e6438a92529de418.pdf"},"netTransfers":[{"value":-31320000.0,"currency":"EUR","usd":-36525384.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/eredivisie/einnahmenausgaben/wettbewerb/NL1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-7800000.0,"currency":"EUR","usd":-9096360.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/eredivisie/einnahmenausgaben/wettbewerb/NL1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-62700000.0,"currency":"EUR","usd":-73120740.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/eredivisie/einnahmenausgaben/wettbewerb/NL1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"A","score":95.1,"components":{"revenue":{"score":86},"debt":{"score":96},"wages":{"score":97},"trading":{"score":100}},"missing":[],"live":true,"reason":"Better revenue scale: 78 to 86 of 100."}],"psv":[{"season":"2024-25","grade":"A","score":88.4,"components":{"revenue":{"score":91,"leaguePct":100,"overallPct":78,"leagueN":6},"debt":{"score":79,"ratio":0.21},"trading":{"score":100,"avgNetSpendToRevenue":-0.169,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["wages"],"inputs":{"revenue":{"value":171000000.0,"currency":"EUR","usd":200925000.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-01","source":"Football Benchmark European Champions Report 2026 (2024/25 operating revenue)","url":"https://footballbenchmark.com/w/the-european-champions-report-2026"},"netDebt":{"value":35945000.0,"currency":"EUR","usd":42127540.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"PSV N.V. jaarverslag 2024-2025 (geconsolideerde balans; notes 12, 14 and 16; € x1,000)","url":"https://www.psv.nl/media/artikel/jaarverslag-2024-2025"},"netTransfers":[{"value":-85650000.0,"currency":"EUR","usd":-99885030.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/eredivisie/einnahmenausgaben/wettbewerb/NL1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-870000.0,"currency":"EUR","usd":-1014593.9999999999,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/eredivisie/einnahmenausgaben/wettbewerb/NL1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":0.0,"currency":"EUR","usd":0.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/eredivisie/einnahmenausgaben/wettbewerb/NL1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"A","score":86.8,"components":{"revenue":{"score":91},"debt":{"score":79},"wages":{"score":83},"trading":{"score":100}},"missing":[],"live":true,"reason":"Little change: biggest move was revenue scale (91 to 91 of 100)."}],"arouca":[{"season":"2024-25","grade":"B","score":77.7,"components":{"revenue":{"score":22,"leaguePct":33,"overallPct":5,"leagueN":7},"debt":{"score":100,"ratio":-0.752},"trading":{"score":100,"avgNetSpendToRevenue":-1.555,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["wages"],"inputs":{"revenue":{"value":5607337.58,"currency":"EUR","usd":6571799.643759999,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Futebol Clube de Arouca – Futebol SDUQ, Lda. Relatório e Contas 2024/25 — Demonstração individual dos resultados (vendas e serviços prestados / lucro na eliminação de registos de jogadores)","url":"https://fcarouca.eu/FCA-2024-25.pdf"},"netDebt":{"value":-4218556.22,"currency":"EUR","usd":-4944147.889839999,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Futebol Clube de Arouca – Futebol SDUQ, Lda. Relatório e Contas 2024/25 — Balanço individual (Art. 61.º Licenciamento UEFA)","url":"https://fcarouca.eu/FCA-2024-25.pdf"},"netTransfers":[{"value":-4260000.0,"currency":"EUR","usd":-4968012.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/liga-portugal/einnahmenausgaben/wettbewerb/PO1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-7267000.0,"currency":"EUR","usd":-8474775.4,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/liga-portugal/einnahmenausgaben/wettbewerb/PO1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-14630000.0,"currency":"EUR","usd":-17061506.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/liga-portugal/einnahmenausgaben/wettbewerb/PO1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"C","score":54.2,"components":{"revenue":{"score":21},"debt":{"score":100},"wages":{"score":0},"trading":{"score":100}},"missing":[],"live":true,"reason":"Little change: biggest move was revenue scale (22 to 21 of 100)."}],"benfica":[{"season":"2024-25","grade":"B","score":73.1,"components":{"revenue":{"score":96,"leaguePct":100,"overallPct":90,"leagueN":7},"debt":{"score":40,"ratio":0.695},"trading":{"score":100,"avgNetSpendToRevenue":-0.308,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["wages"],"inputs":{"revenue":{"value":283400000.0,"currency":"EUR","usd":332144800.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-22","source":"Deloitte Football Money League 2026 (2024/25 football operations)","url":"https://www.deloitte.com/uk/en/services/consulting-financial/analysis/deloitte-football-money-league.html"},"netDebt":{"value":196900000.0,"currency":"EUR","usd":230766800.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Benfica SAD comunicado — resultados 2024/25 (9 Sep 2025)","url":"https://media.slbenfica.pt/-/media/BenficaDP/Images/Instituicao/SAD/informacao-privilegiada/2025/ComunicadoResultadosBenficaSAD2425.pdf"},"netTransfers":[{"value":-174850000.0,"currency":"EUR","usd":-203910070.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/liga-portugal/einnahmenausgaben/wettbewerb/PO1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-3880000.0,"currency":"EUR","usd":-4524856.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/liga-portugal/einnahmenausgaben/wettbewerb/PO1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-82970000.0,"currency":"EUR","usd":-96759614.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/liga-portugal/einnahmenausgaben/wettbewerb/PO1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"A","score":81.4,"components":{"revenue":{"score":97},"debt":{"score":40},"wages":{"score":100},"trading":{"score":100}},"missing":[],"live":true,"reason":"Little change: biggest move was revenue scale (96 to 97 of 100)."}],"braga":[{"season":"2024-25","grade":"C","score":63.1,"components":{"revenue":{"score":43,"leaguePct":50,"overallPct":33,"leagueN":7},"debt":{"score":52,"ratio":0.523},"trading":{"score":100,"avgNetSpendToRevenue":-0.738,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["wages"],"inputs":{"revenue":{"value":34526000.0,"currency":"EUR","usd":40464472.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"SC Braga – Futebol, S.A.D. Relatório e Contas 2024/25 (rendimentos operacionais excluindo direitos de atletas)","url":"https://scbraga.pt/nota-informativa-relatorio-e-contas-2024-25-sc-braga-sad/"},"netDebt":{"value":18065337.0,"currency":"EUR","usd":21172574.963999998,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Sporting Clube de Braga – Futebol, SAD Relatório e Contas 2024/2025 (balance sheet, notes 5 and 11.3)","url":"https://assets.scbraga.pt/DOCUMENTOS%20SITE/RELAT%C3%93RIO%20E%20CONTAS/SAD/RC-SAD-24%3A25.pdf"},"netTransfers":[{"value":-47330000.0,"currency":"EUR","usd":-55196246.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/liga-portugal/einnahmenausgaben/wettbewerb/PO1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":9310000.0,"currency":"EUR","usd":10857322.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/liga-portugal/einnahmenausgaben/wettbewerb/PO1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-38420000.0,"currency":"EUR","usd":-44805404.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/liga-portugal/einnahmenausgaben/wettbewerb/PO1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"C","score":52.3,"components":{"revenue":{"score":67},"debt":{"score":52},"wages":{"score":11},"trading":{"score":100}},"missing":[],"live":true,"reason":"Better revenue scale: 43 to 67 of 100."}],"porto":[{"season":"2024-25","grade":"C","score":53.7,"components":{"revenue":{"score":79,"leaguePct":83,"overallPct":73,"leagueN":7},"debt":{"score":6,"ratio":1.699},"trading":{"score":100,"avgNetSpendToRevenue":-0.341,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["wages"],"inputs":{"revenue":{"value":149540000.0,"currency":"EUR","usd":175260880.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"FC Porto – Futebol, SAD Relatório e Contas 2024/25 (proveitos operacionais excluindo passes)","url":"https://www.fcporto.pt/pt/noticias/20251001-pt-fc-porto-apresenta-lucros-superiores-a-39-milhoes"},"netDebt":{"value":254093000.0,"currency":"EUR","usd":297796996.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"FC Porto – Futebol, SAD comunicado de resultados 2024/2025 (1 Oct 2025)","url":"https://files.app.fcporto.pt/docs/da7e6ead805fabc58c4e7f73f758dc71.pdf"},"netTransfers":[{"value":-34170000.0,"currency":"EUR","usd":-39849054.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/liga-portugal/einnahmenausgaben/wettbewerb/PO1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-8990000.0,"currency":"EUR","usd":-10484138.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/liga-portugal/einnahmenausgaben/wettbewerb/PO1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-110040000.0,"currency":"EUR","usd":-128328647.99999999,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/liga-portugal/einnahmenausgaben/wettbewerb/PO1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"C","score":64.5,"components":{"revenue":{"score":89},"debt":{"score":6},"wages":{"score":83},"trading":{"score":100}},"missing":[],"live":true,"reason":"Better revenue scale: 79 to 89 of 100."}],"sporting-cp":[{"season":"2024-25","grade":"C","score":59.0,"components":{"revenue":{"score":69,"leaguePct":67,"overallPct":72,"leagueN":7},"debt":{"score":25,"ratio":0.999},"trading":{"score":100,"avgNetSpendToRevenue":-0.247,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["wages"],"inputs":{"revenue":{"value":148000000.0,"currency":"EUR","usd":173900000.0,"confidence":"reported","season":"2024-25","asOf":"2026-01-01","source":"Football Benchmark European Champions Report 2026 (2024/25 operating revenue)","url":"https://footballbenchmark.com/w/the-european-champions-report-2026"},"netDebt":{"value":147838000.0,"currency":"EUR","usd":173266136.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Sporting Clube de Portugal – Futebol, SAD Relatório e Contas 2024/2025 (dívida financeira líquida, note 21)","url":"https://scpconteudos.pt/sites/default/files/relatorioecontassportingsadjun25naoesef.pdf"},"netTransfers":[{"value":-76980000.0,"currency":"EUR","usd":-89774076.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/liga-portugal/einnahmenausgaben/wettbewerb/PO1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-49680000.0,"currency":"EUR","usd":-57936815.99999999,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/liga-portugal/einnahmenausgaben/wettbewerb/PO1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":16810000.0,"currency":"EUR","usd":19603822.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/liga-portugal/einnahmenausgaben/wettbewerb/PO1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"B","score":67.9,"components":{"revenue":{"score":85},"debt":{"score":25},"wages":{"score":78},"trading":{"score":100}},"missing":[],"live":true,"reason":"Better revenue scale: 69 to 85 of 100."}],"leicester-city":[{"season":"2024-25","grade":"C","score":62.2,"components":{"revenue":{"score":94,"leaguePct":100,"overallPct":85,"leagueN":8},"debt":{"score":38,"ratio":0.748},"wages":{"score":40,"ratio":0.351},"trading":{"score":100,"avgNetSpendToRevenue":-0.075,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":186500000.0,"currency":"GBP","usd":255497369.95908824,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Swiss Ramble quoting Leicester City 2024/25 accounts","url":"https://swissramble.substack.com/p/leicester-city-finances-202425"},"netDebt":{"value":139517000.0,"currency":"GBP","usd":191132582.11572182,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Leicester City Football Club Limited Annual report and consolidated financial statements year ended 30 June 2025 — Note 21 Analysis of net debt","url":"https://downloads.ctfassets.net/0wcpt07qzvlh/4qxAe2QWQRSvsvnjeD5fpJ/7fe13c11806de9ec9c42da9613f1e95b/LCFC_Financial_Statements_30_June_2025_Signed.pdf"},"wages":{"value":65416000.0,"currency":"GBP","usd":88567618.1580422,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":-32400000.0,"currency":"EUR","usd":-37784880.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-59160000.0,"currency":"EUR","usd":-68992392.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":42800000.0,"currency":"EUR","usd":49913360.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"B","score":73.4,"components":{"revenue":{"score":96},"debt":{"score":38},"wages":{"score":76},"trading":{"score":100}},"missing":[],"live":true,"reason":"Better wages vs revenue: 40 to 76 of 100."}],"blackburn-rovers":[{"season":"2024-25","grade":"F","score":25.4,"components":{"revenue":{"score":18,"leaguePct":12,"overallPct":27,"leagueN":18},"debt":{"score":0,"ratio":6.385},"wages":{"score":6,"ratio":0.51},"trading":{"score":100,"avgNetSpendToRevenue":-0.352,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":23700000.0,"currency":"GBP","usd":32468030.391583867,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"The Swiss Ramble — Blackburn Rovers Finances 2024/25 (club accounts)","url":"https://swissramble.substack.com/p/blackburn-rovers-finances-202425"},"netDebt":{"value":151328632.0,"currency":"GBP","usd":207314034.72121567,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"The Blackburn Rovers Football and Athletic Limited full accounts year ended 30 June 2025 (Companies House 00053482, filed 3 Apr 2026; notes 17-19)","url":"https://find-and-update.company-information.service.gov.uk/company/00053482/filing-history/MzUxMjU3MjYyOWFkaXF6a2N4/document?format=pdf&download=0"},"wages":{"value":12090000.0,"currency":"GBP","usd":15136577.652010556,"confidence":"estimated","season":"2024-25","asOf":"2025-01-27","source":"Capology via Planet Football (Championship 2024-25 ranking)","url":"https://www.planetfootball.com/stats-tables/championship-wage-bill-ranking-2024-25-leeds-burnley-sheffield-united"},"netTransfers":[{"value":4750000.0,"currency":"EUR","usd":5539450.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-25390000.0,"currency":"EUR","usd":-29609817.999999996,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-8610000.0,"currency":"EUR","usd":-10040982.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"F","score":25.8,"components":{"revenue":{"score":29},"debt":{"score":0},"wages":{"score":0},"trading":{"score":100}},"missing":[],"live":true,"reason":"Better revenue scale: 18 to 29 of 100."}],"bristol-city":[{"season":"2024-25","grade":"D","score":45.8,"components":{"revenue":{"score":63,"leaguePct":76,"overallPct":43,"leagueN":18},"debt":{"score":0,"ratio":2.271},"wages":{"score":44,"ratio":0.337},"trading":{"score":100,"avgNetSpendToRevenue":-0.138,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":40300000.0,"currency":"GBP","usd":55209351.2565751,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"The Swiss Ramble — Bristol City Finances 2024/25 (club accounts)","url":"https://swissramble.substack.com/p/bristol-city-finances-202425"},"netDebt":{"value":91538144.0,"currency":"GBP","usd":125403512.29456457,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Bristol City Holdings Limited Notes to the Financial Statements year ended 30 June 2025 — Note 18 Analysis of net debt","url":"https://www.bcfc.co.uk/wp-content/uploads/2025/12/BCHL-2025-Signed-Accounts.pdf"},"wages":{"value":13576000.0,"currency":"GBP","usd":16997037.07226595,"confidence":"estimated","season":"2024-25","asOf":"2025-01-27","source":"Capology via Planet Football (Championship 2024-25 ranking)","url":"https://www.planetfootball.com/stats-tables/championship-wage-bill-ranking-2024-25-leeds-burnley-sheffield-united"},"netTransfers":[{"value":-10310000.0,"currency":"EUR","usd":-12023522.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-15800000.0,"currency":"EUR","usd":-18425960.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":6650000.0,"currency":"EUR","usd":7755229.999999999,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"D","score":44.1,"components":{"revenue":{"score":68},"debt":{"score":0},"wages":{"score":35},"trading":{"score":100}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 44 to 35 of 100."}],"coventry-city":[{"season":"2024-25","grade":"F","score":32.5,"components":{"revenue":{"score":19,"leaguePct":6,"overallPct":39,"leagueN":19},"debt":{"score":12,"ratio":1.448},"wages":{"score":45,"ratio":0.332},"trading":{"score":58,"avgNetSpendToRevenue":0.149,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":34100000.0,"currency":"GBP","usd":46715604.9094097,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"The Swiss Ramble — Coventry City Finances 2024/25 (club accounts)","url":"https://swissramble.substack.com/p/coventry-city-finances-202425"},"netDebt":{"value":49376651.0,"currency":"GBP","usd":66557518.50796481,"confidence":"reported","season":"2024-25","asOf":"2025-05-31","source":"Coventry City Football Club Limited full accounts year ended 31 May 2025 (Companies House 07612487, filed 27 Feb 2026; balance sheet and note 17)","url":"https://find-and-update.company-information.service.gov.uk/company/07612487/filing-history/MzUwNzU1ODMwOWFkaXF6a2N4/document?format=pdf&download=0"},"wages":{"value":11336000.0,"currency":"GBP","usd":14192576.035003446,"confidence":"estimated","season":"2024-25","asOf":"2025-01-27","source":"Capology via Planet Football (Championship 2024-25 ranking)","url":"https://www.planetfootball.com/stats-tables/championship-wage-bill-ranking-2024-25-leeds-burnley-sheffield-united"},"netTransfers":[{"value":-1750000.0,"currency":"EUR","usd":-2040849.9999999998,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-1740000.0,"currency":"EUR","usd":-2029187.9999999998,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":21250000.0,"currency":"EUR","usd":24781750.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"F","score":22.0,"components":{"revenue":{"score":23},"debt":{"score":12},"wages":{"score":14},"trading":{"score":48}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 45 to 14 of 100."}],"derby-county":[{"season":"2024-25","grade":"F","score":22.5,"components":{"revenue":{"score":42,"leaguePct":47,"overallPct":35,"leagueN":18},"debt":{"score":1,"ratio":1.94},"wages":{"score":31,"ratio":0.384}},"missing":["trading"],"inputs":{"revenue":{"value":31900000.0,"currency":"GBP","usd":43701694.915254235,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"The Swiss Ramble — Derby County Finances 2024/25 (club accounts)","url":"https://swissramble.substack.com/p/derby-county-finances-202425"},"netDebt":{"value":61889119.0,"currency":"GBP","usd":84785561.03798947,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Derby County (The Rams) Limited full accounts YE 30 Jun 2025 — Note 16 Analysis of net debt","url":"https://www.dcfc.co.uk/media/get/Derby%20County%20(The%20Rams)%20Limited_2025_06_30_Accounts.pdf"},"wages":{"value":12264000.0,"currency":"GBP","usd":15354424.179012196,"confidence":"estimated","season":"2024-25","asOf":"2025-01-27","source":"Capology via Planet Football (Championship 2024-25 ranking)","url":"https://www.planetfootball.com/stats-tables/championship-wage-bill-ranking-2024-25-leeds-burnley-sheffield-united"}},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"F","score":25.4,"components":{"revenue":{"score":50},"debt":{"score":1},"wages":{"score":9},"trading":{"score":62}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 31 to 9 of 100."}],"hull-city":[{"season":"2024-25","grade":"F","score":22.4,"components":{"revenue":{"score":12,"leaguePct":0,"overallPct":29,"leagueN":19},"debt":{"score":0,"ratio":2.964},"wages":{"score":0,"ratio":0.575},"trading":{"score":100,"avgNetSpendToRevenue":-0.102,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":25800000.0,"currency":"GBP","usd":35344944.476914085,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"The Swiss Ramble — Hull City Finances 2024/25 (club accounts)","url":"https://swissramble.substack.com/p/hull-city-finances-202425"},"netDebt":{"value":76465789.0,"currency":"GBP","usd":104755002.58094682,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Hull City Tigers Limited — accounts YE 30 June 2025 (Companies House 04032392), note 28 Analysis of changes in net debt","url":"https://find-and-update.company-information.service.gov.uk/company/04032392/filing-history/MzQ5NjA0OTk3MmFkaXF6a2N4/document?format=pdf&download=0"},"wages":{"value":14828000.0,"currency":"GBP","usd":18564530.47345017,"confidence":"estimated","season":"2024-25","asOf":"2025-01-27","source":"Capology via Planet Football (Championship 2024-25 ranking)","url":"https://www.planetfootball.com/stats-tables/championship-wage-bill-ranking-2024-25-leeds-burnley-sheffield-united"},"netTransfers":[{"value":-7340000.0,"currency":"EUR","usd":-8559908.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":9470000.0,"currency":"EUR","usd":11043914.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-11370000.0,"currency":"EUR","usd":-13259694.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"F","score":23.2,"components":{"revenue":{"score":16},"debt":{"score":0},"wages":{"score":0},"trading":{"score":100}},"missing":[],"live":true,"reason":"Better revenue scale: 12 to 16 of 100."}],"ipswich-town":[{"season":"2024-25","grade":"B","score":77.6,"components":{"revenue":{"score":42,"leaguePct":17,"overallPct":80,"leagueN":19},"debt":{"score":100,"ratio":-0.03},"wages":{"score":79,"ratio":0.22}},"missing":["trading"],"inputs":{"revenue":{"value":155400000.0,"currency":"GBP","usd":212891642.31443602,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Swiss Ramble quoting Ipswich Town 2024/25 accounts","url":"https://swissramble.substack.com/p/ipswich-town-finances-202425"},"netDebt":{"value":-4594000.0,"currency":"GBP","usd":-6293592.051431911,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Ipswich Town Football Club Company Limited — Full accounts made up to 30 June 2025 (Companies House 00315421, filed 31 Mar 2026)","url":"https://find-and-update.company-information.service.gov.uk/company/00315421/filing-history/MzUxMzcwNDE0N2FkaXF6a2N4/document?format=pdf&download=0"},"wages":{"value":34216000.0,"currency":"GBP","usd":46325510.92845134,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"}},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"B","score":73.6,"components":{"revenue":{"score":47},"debt":{"score":100},"wages":{"score":88},"trading":{"score":39}},"missing":[],"live":true,"reason":"Better wages vs revenue: 79 to 88 of 100."}],"middlesbrough":[{"season":"2024-25","grade":"D","score":40.0,"components":{"revenue":{"score":46,"leaguePct":53,"overallPct":35,"leagueN":18},"debt":{"score":29,"ratio":0.924},"wages":{"score":7,"ratio":0.503},"trading":{"score":100,"avgNetSpendToRevenue":-0.444,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":32500000.0,"currency":"GBP","usd":44523670.368205726,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"The Swiss Ramble — Middlesbrough Finances 2024/25 (club accounts)","url":"https://swissramble.substack.com/p/middlesbrough-finances-202425"},"netDebt":{"value":30036000.0,"currency":"GBP","usd":41148091.17475161,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Middlesbrough Football & Athletic Company (1986) Limited full accounts year ended 30 June 2025 (Companies House 01947851, filed 26 Feb 2026; notes 13-14)","url":"https://find-and-update.company-information.service.gov.uk/company/01947851/filing-history/MzUwNzEzMDUxNGFkaXF6a2N4/document?format=pdf&download=0"},"wages":{"value":16346000.0,"currency":"GBP","usd":20465053.62280931,"confidence":"estimated","season":"2024-25","asOf":"2025-01-27","source":"Capology via Planet Football (Championship 2024-25 ranking)","url":"https://www.planetfootball.com/stats-tables/championship-wage-bill-ranking-2024-25-leeds-burnley-sheffield-united"},"netTransfers":[{"value":-17140000.0,"currency":"EUR","usd":-19988668.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-31540000.0,"currency":"EUR","usd":-36781948.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-1960000.0,"currency":"EUR","usd":-2285752.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"D","score":39.3,"components":{"revenue":{"score":53},"debt":{"score":29},"wages":{"score":0},"trading":{"score":100}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 7 to 0 of 100."}],"millwall":[{"season":"2024-25","grade":"F","score":23.3,"components":{"revenue":{"score":22,"leaguePct":18,"overallPct":28,"leagueN":18},"debt":{"score":0,"ratio":7.415},"wages":{"score":7,"ratio":0.505},"trading":{"score":84,"avgNetSpendToRevenue":0.052,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":23855359.0,"currency":"GBP","usd":32680865.865575686,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"The Millwall Football and Athletic Company (1985) Limited full accounts year ended 30 June 2025 (Companies House 01924222, filed 11 Mar 2026)","url":"https://find-and-update.company-information.service.gov.uk/company/01924222/filing-history"},"netDebt":{"value":176890737.0,"currency":"GBP","usd":242333072.78082994,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"The Millwall Football and Athletic Company (1985) Limited full accounts year ended 30 June 2025 (Companies House 01924222, filed 11 Mar 2026; notes 14-15)","url":"https://find-and-update.company-information.service.gov.uk/company/01924222/filing-history/MzUwOTYxOTg1MWFkaXF6a2N4/document?format=pdf&download=0"},"wages":{"value":12052000.0,"currency":"GBP","usd":15089001.973699853,"confidence":"estimated","season":"2024-25","asOf":"2025-01-27","source":"Capology via Planet Football (Championship 2024-25 ranking)","url":"https://www.planetfootball.com/stats-tables/championship-wage-bill-ranking-2024-25-leeds-burnley-sheffield-united"},"netTransfers":[{"value":2500000.0,"currency":"EUR","usd":2915500.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":5920000.0,"currency":"EUR","usd":6903904.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-4050000.0,"currency":"EUR","usd":-4723110.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"F","score":26.2,"components":{"revenue":{"score":31},"debt":{"score":0},"wages":{"score":0},"trading":{"score":100}},"missing":[],"live":true,"reason":"Better net transfer spend vs revenue: 84 to 100 of 100."}],"norwich-city":[{"season":"2024-25","grade":"D","score":36.9,"components":{"revenue":{"score":59,"leaguePct":71,"overallPct":42,"leagueN":18},"debt":{"score":7,"ratio":1.674},"wages":{"score":10,"ratio":0.486},"trading":{"score":100,"avgNetSpendToRevenue":-0.124,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":39300000.0,"currency":"GBP","usd":53839392.168322615,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"The Swiss Ramble — Norwich City Finances 2024/25 (club accounts)","url":"https://swissramble.substack.com/p/norwich-city-finances-202425"},"netDebt":{"value":65800000.0,"currency":"GBP","usd":90143308.00701346,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Matchday Finance — Norwich City Financial Results 2024/25 (quoting club accounts)","url":"https://www.matchdayfinance.com/post/norwich-city-financial-results-2024-25"},"wages":{"value":19110000.0,"currency":"GBP","usd":23925558.224145718,"confidence":"estimated","season":"2024-25","asOf":"2025-01-27","source":"Capology via Planet Football (Championship 2024-25 ranking)","url":"https://www.planetfootball.com/stats-tables/championship-wage-bill-ranking-2024-25-leeds-burnley-sheffield-united"},"netTransfers":[{"value":10930000.0,"currency":"EUR","usd":12746566.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-24230000.0,"currency":"EUR","usd":-28257026.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-3850000.0,"currency":"EUR","usd":-4489870.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"D","score":35.1,"components":{"revenue":{"score":65},"debt":{"score":7},"wages":{"score":0},"trading":{"score":100}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 10 to 0 of 100."}],"portsmouth":[{"season":"2024-25","grade":"C","score":56.4,"components":{"revenue":{"score":26,"leaguePct":24,"overallPct":29,"leagueN":18},"debt":{"score":76,"ratio":0.242},"wages":{"score":57,"ratio":0.293}},"missing":["trading"],"inputs":{"revenue":{"value":24600000.0,"currency":"GBP","usd":33700993.5710111,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"The Swiss Ramble — Portsmouth Finances 2024/25 (club accounts)","url":"https://swissramble.substack.com/p/portsmouth-finances-202425"},"netDebt":{"value":5957000.0,"currency":"GBP","usd":8160846.288720047,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Portsmouth Community Football Club Limited full accounts year ended 30 June 2025 (Companies House 07940335, filed 18 Mar 2026; notes 13-14)","url":"https://find-and-update.company-information.service.gov.uk/company/07940335/filing-history/MzUxMTI2MzA1NmFkaXF6a2N4/document?format=pdf&download=0"},"wages":{"value":7202000.0,"currency":"GBP","usd":9016843.03141274,"confidence":"estimated","season":"2024-25","asOf":"2025-01-27","source":"Capology via Planet Football (Championship 2024-25 ranking)","url":"https://www.planetfootball.com/stats-tables/championship-wage-bill-ranking-2024-25-leeds-burnley-sheffield-united"}},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"D","score":42.6,"components":{"revenue":{"score":34},"debt":{"score":76},"wages":{"score":6},"trading":{"score":56}},"missing":[],"live":true,"reason":"Worse wages vs revenue: 57 to 6 of 100."}],"preston":[{"season":"2024-25","grade":"F","score":16.0,"components":{"revenue":{"score":14,"leaguePct":6,"overallPct":25,"leagueN":18},"debt":{"score":0,"ratio":2.904},"wages":{"score":0,"ratio":0.608},"trading":{"score":66,"avgNetSpendToRevenue":0.118,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":20500000.0,"currency":"GBP","usd":28084161.30917592,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"The Swiss Ramble — Preston North End Finances 2024/25 (club accounts)","url":"https://swissramble.substack.com/p/preston-north-end-finances-202425"},"netDebt":{"value":59533000.0,"currency":"GBP","usd":81557774.40093513,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Deepdale PNE Holdings Limited group accounts year ended 30 June 2025 (Companies House 07232565, filed 30 Dec 2025; balance sheet, notes 13 and 15)","url":"https://find-and-update.company-information.service.gov.uk/company/07232565/filing-history/MzQ5NTY1NzcyMGFkaXF6a2N4/document?format=pdf&download=0"},"wages":{"value":12466000.0,"currency":"GBP","usd":15607326.468979618,"confidence":"estimated","season":"2024-25","asOf":"2025-01-27","source":"Capology via Planet Football (Championship 2024-25 ranking)","url":"https://www.planetfootball.com/stats-tables/championship-wage-bill-ranking-2024-25-leeds-burnley-sheffield-united"},"netTransfers":[{"value":0.0,"currency":"EUR","usd":0.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":3840000.0,"currency":"EUR","usd":4478208.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":4630000.0,"currency":"EUR","usd":5399506.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"F","score":17.0,"components":{"revenue":{"score":22},"debt":{"score":0},"wages":{"score":0},"trading":{"score":63}},"missing":[],"live":true,"reason":"Better revenue scale: 14 to 22 of 100."}],"qpr":[{"season":"2024-25","grade":"F","score":33.8,"components":{"revenue":{"score":34,"leaguePct":35,"overallPct":31,"leagueN":18},"debt":{"score":0,"ratio":3.806},"wages":{"score":24,"ratio":0.415},"trading":{"score":99,"avgNetSpendToRevenue":0.003,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":28000000.0,"currency":"GBP","usd":38358854.47106955,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"The Swiss Ramble — QPR Finances 2024/25 (club accounts)","url":"https://swissramble.substack.com/p/qpr-finances-202425"},"netDebt":{"value":106577000.0,"currency":"GBP","usd":143661032.21588206,"confidence":"reported","season":"2024-25","asOf":"2025-05-31","source":"QPR Holdings Limited group accounts year ended 31 May 2025 (Companies House 03197756, filed 17 Feb 2026; notes 14-16 and 21)","url":"https://find-and-update.company-information.service.gov.uk/company/03197756/filing-history/MzUwNTA5ODM3OGFkaXF6a2N4/document?format=pdf&download=0"},"wages":{"value":11620000.0,"currency":"GBP","usd":14548141.630799226,"confidence":"estimated","season":"2024-25","asOf":"2025-01-27","source":"Capology via Planet Football (Championship 2024-25 ranking)","url":"https://www.planetfootball.com/stats-tables/championship-wage-bill-ranking-2024-25-leeds-burnley-sheffield-united"},"netTransfers":[{"value":-900000.0,"currency":"EUR","usd":-1049580.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-3110000.0,"currency":"EUR","usd":-3626881.9999999995,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":4270000.0,"currency":"EUR","usd":4979674.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"F","score":24.8,"components":{"revenue":{"score":43},"debt":{"score":0},"wages":{"score":12},"trading":{"score":63}},"missing":[],"live":true,"reason":"Worse net transfer spend vs revenue: 99 to 63 of 100."}],"southampton":[{"season":"2024-25","grade":"C","score":59.3,"components":{"revenue":{"score":85,"leaguePct":88,"overallPct":80,"leagueN":18},"wages":{"score":39,"ratio":0.354},"trading":{"score":64,"avgNetSpendToRevenue":0.122,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["debt"],"inputs":{"revenue":{"value":158400000.0,"currency":"GBP","usd":217001519.57919344,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Swiss Ramble quoting Southampton 2024/25 accounts","url":"https://swissramble.substack.com/p/southampton-finances-202425"},"wages":{"value":56030000.0,"currency":"GBP","usd":75859784.23314027,"confidence":"estimated","season":"2024-25","asOf":"2026-08-31","source":"Capology via FBref / Planet Football (2024-25 Europe ranking)","url":"https://www.planetfootball.com/stats-tables/europe-2024-25-wage-bills-every-club-major-leagues-ranked-outlay-annual"},"netTransfers":[{"value":148710000.0,"currency":"EUR","usd":173425602.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-165690000.0,"currency":"EUR","usd":-193227678.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":84810000.0,"currency":"EUR","usd":98905422.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/premier-league/einnahmenausgaben/wettbewerb/GB1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"A","score":82.7,"components":{"revenue":{"score":90},"debt":{"score":64},"wages":{"score":85},"trading":{"score":100}},"missing":[],"live":true,"reason":"Better wages vs revenue: 39 to 85 of 100."}],"stoke-city":[{"season":"2024-25","grade":"D","score":36.4,"components":{"revenue":{"score":55,"leaguePct":65,"overallPct":40,"leagueN":18},"debt":{"score":0,"ratio":3.371},"wages":{"score":26,"ratio":0.405},"trading":{"score":88,"avgNetSpendToRevenue":0.039,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":35400000.0,"currency":"GBP","usd":48496551.724137925,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"The Swiss Ramble — Stoke City Finances 2024/25 (Stoke City Holdings Ltd accounts)","url":"https://swissramble.substack.com/p/stoke-city-finances-202425"},"netDebt":{"value":119343000.0,"currency":"GBP","usd":160869029.60057062,"confidence":"reported","season":"2024-25","asOf":"2025-05-31","source":"Stoke City Football Club Limited full accounts year ended 31 May 2025 (Companies House 00099885, filed 2 Mar 2026; notes 12 and 18)","url":"https://find-and-update.company-information.service.gov.uk/company/00099885/filing-history/MzUwNzU0NDQ1MGFkaXF6a2N4/document?format=pdf&download=0"},"wages":{"value":14352000.0,"currency":"GBP","usd":17968582.503031883,"confidence":"estimated","season":"2024-25","asOf":"2025-01-27","source":"Capology via Planet Football (Championship 2024-25 ranking)","url":"https://www.planetfootball.com/stats-tables/championship-wage-bill-ranking-2024-25-leeds-burnley-sheffield-united"},"netTransfers":[{"value":-17000000.0,"currency":"EUR","usd":-19825400.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":19340000.0,"currency":"EUR","usd":22554308.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":2450000.0,"currency":"EUR","usd":2857190.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"F","score":20.3,"components":{"revenue":{"score":59},"debt":{"score":0},"wages":{"score":1},"trading":{"score":41}},"missing":[],"live":true,"reason":"Worse net transfer spend vs revenue: 88 to 41 of 100."}],"watford":[{"season":"2024-25","grade":"F","score":26.0,"components":{"revenue":{"score":30,"leaguePct":29,"overallPct":30,"leagueN":18},"debt":{"score":0,"ratio":2.227},"wages":{"score":0,"ratio":0.723},"trading":{"score":100,"avgNetSpendToRevenue":-1.396,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":26000000.0,"currency":"GBP","usd":35618936.29456458,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"The Swiss Ramble — Watford Finances 2024/25 (club accounts)","url":"https://swissramble.substack.com/p/watford-finances-202425"},"netDebt":{"value":57897000.0,"currency":"GBP","usd":79316521.33255407,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"The Watford Association Football Club Limited — accounts YE 30 June 2025 (Companies House 00104194), note 26 Analysis of changes in net debt","url":"https://find-and-update.company-information.service.gov.uk/company/00104194/filing-history/MzUxMjU1ODIxNWFkaXF6a2N4/document?format=pdf&download=0"},"wages":{"value":18800000.0,"currency":"GBP","usd":23537440.848453138,"confidence":"estimated","season":"2024-25","asOf":"2025-01-27","source":"Capology via Planet Football (Championship 2024-25 ranking)","url":"https://www.planetfootball.com/stats-tables/championship-wage-bill-ranking-2024-25-leeds-burnley-sheffield-united"},"netTransfers":[{"value":-42020000.0,"currency":"EUR","usd":-49003724.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-58720000.0,"currency":"EUR","usd":-68479264.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-26520000.0,"currency":"EUR","usd":-30927623.999999996,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"F","score":28.0,"components":{"revenue":{"score":40},"debt":{"score":0},"wages":{"score":0},"trading":{"score":100}},"missing":[],"live":true,"reason":"Better revenue scale: 30 to 40 of 100."}],"west-brom":[{"season":"2024-25","grade":"D","score":37.5,"components":{"revenue":{"score":38,"leaguePct":41,"overallPct":34,"leagueN":18},"debt":{"score":33,"ratio":0.832},"wages":{"score":0,"ratio":0.712},"trading":{"score":100,"avgNetSpendToRevenue":-0.036,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":30400000.0,"currency":"GBP","usd":41646756.282875516,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"West Bromwich Albion Group Limited accounts year ended 30 June 2025 — club summary of Companies House filing","url":"https://www.wba.co.uk/news/albion-publish-202425-accounts"},"netDebt":{"value":25292000.0,"currency":"GBP","usd":34649005.26008183,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"West Bromwich Albion Group Limited (parent of West Bromwich Albion Football Club Limited) — group accounts YE 30 June 2025 (Companies House 07230595), note 33 Analysis of changes in net debt – group","url":"https://find-and-update.company-information.service.gov.uk/company/07230595/filing-history/MzUxMjAwNjc3MWFkaXF6a2N4/document?format=pdf&download=0"},"wages":{"value":21642000.0,"currency":"GBP","usd":27095600.789479937,"confidence":"estimated","season":"2024-25","asOf":"2025-01-27","source":"Capology via Planet Football (Championship 2024-25 ranking)","url":"https://www.planetfootball.com/stats-tables/championship-wage-bill-ranking-2024-25-leeds-burnley-sheffield-united"},"netTransfers":[{"value":1350000.0,"currency":"EUR","usd":1574370.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-9300000.0,"currency":"EUR","usd":-10845660.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":4110000.0,"currency":"EUR","usd":4793082.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/championship/einnahmenausgaben/wettbewerb/GB2/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"D","score":39.3,"components":{"revenue":{"score":47},"debt":{"score":33},"wages":{"score":0},"trading":{"score":100}},"missing":[],"live":true,"reason":"Better revenue scale: 38 to 47 of 100."}],"celtic":[{"season":"2024-25","grade":"A","score":97.4,"components":{"revenue":{"score":91,"leaguePct":100,"overallPct":77,"leagueN":4},"debt":{"score":100,"ratio":-0.538},"trading":{"score":100,"avgNetSpendToRevenue":-0.003,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["wages"],"inputs":{"revenue":{"value":143597000.0,"currency":"GBP","usd":196722015.19579193,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Celtic PLC results for the year ended 30 June 2025 (RNS / National Storage Mechanism)","url":"https://data.fca.org.uk/artefacts/NSM/RNS/5828869.html"},"netDebt":{"value":-77214000.0,"currency":"GBP","usd":-105780021.0403273,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Celtic plc results for the year ended 30 June 2025 (RNS, audited)","url":"https://data.fca.org.uk/artefacts/NSM/RNS/5828869.html"},"netTransfers":[{"value":25330000.0,"currency":"EUR","usd":29539845.999999996,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/scottish-premiership/einnahmenausgaben/wettbewerb/SC1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-18730000.0,"currency":"EUR","usd":-21842926.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/scottish-premiership/einnahmenausgaben/wettbewerb/SC1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-8180000.0,"currency":"EUR","usd":-9539516.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/scottish-premiership/einnahmenausgaben/wettbewerb/SC1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"A","score":87.7,"components":{"revenue":{"score":91},"debt":{"score":100},"wages":{"score":65},"trading":{"score":100}},"missing":[],"live":true,"reason":"Little change: biggest move was revenue scale (91 to 91 of 100)."}],"hearts":[{"season":"2024-25","grade":"C","score":60.2,"components":{"revenue":{"score":51,"leaguePct":67,"overallPct":28,"leagueN":4},"debt":{"score":100,"ratio":-0.178},"wages":{"score":0,"ratio":0.694},"trading":{"score":100,"avgNetSpendToRevenue":-0.013,"seasons":["2022-23","2023-24","2024-25"]}},"missing":[],"inputs":{"revenue":{"value":24400000.0,"currency":"GBP","usd":33427001.753360607,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"The Swiss Ramble — Hearts Finances 2024/25 (club accounts year ended 30 June 2025)","url":"https://swissramble.substack.com/p/hearts-finances-202425"},"netDebt":{"value":-4340000.0,"currency":"GBP","usd":-5945622.44301578,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Heart of Midlothian plc — Full accounts made up to 30 June 2025 (Companies House SC005863, filed 10 Dec 2025)","url":"https://find-and-update.company-information.service.gov.uk/company/SC005863/filing-history/MzQ5MzM1OTM1MGFkaXF6a2N4/document?format=pdf&download=0"},"wages":{"value":16944000.0,"currency":"GBP","usd":23212586.79135009,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Heart of Midlothian plc — Full accounts made up to 30 June 2025 (Companies House SC005863, filed 10 Dec 2025)","url":"https://find-and-update.company-information.service.gov.uk/company/SC005863/filing-history/MzQ5MzM1OTM1MGFkaXF6a2N4/document?format=pdf&download=0"},"netTransfers":[{"value":870000.0,"currency":"EUR","usd":1014593.9999999999,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/scottish-premiership/einnahmenausgaben/wettbewerb/SC1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-150000.0,"currency":"EUR","usd":-174930.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/scottish-premiership/einnahmenausgaben/wettbewerb/SC1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-1856000.0,"currency":"EUR","usd":-2164467.1999999997,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/scottish-premiership/einnahmenausgaben/wettbewerb/SC1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"C","score":62.4,"components":{"revenue":{"score":64},"debt":{"score":100},"wages":{"score":0},"trading":{"score":98}},"missing":[],"live":true,"reason":"Better revenue scale: 51 to 64 of 100."}],"st-mirren":[{"season":"2024-25","grade":"B","score":78.3,"components":{"revenue":{"score":24,"leaguePct":33,"overallPct":11,"leagueN":4},"debt":{"score":100,"ratio":-0.099},"trading":{"score":100,"avgNetSpendToRevenue":-0.024,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["wages"],"inputs":{"revenue":{"value":8629565.0,"currency":"GBP","usd":11632267.895268666,"confidence":"reported","season":"2024-25","asOf":"2025-05-31","source":"St. Mirren Football Club Ltd (THE) Full accounts YE 31 May 2025 (Companies House SC005773) — Turnover, via Pomanda CH extract / scottishfootball.info corroboration £8.6m","url":"https://find-and-update.company-information.service.gov.uk/company/SC005773/filing-history"},"netDebt":{"value":-856362.0,"currency":"GBP","usd":-1154337.69828816,"confidence":"reported","season":"2024-25","asOf":"2025-05-31","source":"St. Mirren Football Club Ltd. (The) — Full accounts made up to 31 May 2025 (Companies House SC005773, filed 7 Jan 2026)","url":"https://find-and-update.company-information.service.gov.uk/company/SC005773/filing-history/MzQ5NjY0ODMxOGFkaXF6a2N4/document?format=pdf&download=0"},"netTransfers":[{"value":-340000.0,"currency":"EUR","usd":-396508.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/scottish-premiership/einnahmenausgaben/wettbewerb/SC1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":146000.0,"currency":"EUR","usd":170265.19999999998,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/scottish-premiership/einnahmenausgaben/wettbewerb/SC1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-559000.0,"currency":"EUR","usd":-651905.7999999999,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/scottish-premiership/einnahmenausgaben/wettbewerb/SC1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"C","score":60.5,"components":{"revenue":{"score":24},"debt":{"score":100},"wages":{"score":19},"trading":{"score":100}},"missing":[],"live":true,"reason":"Little change: biggest move was revenue scale (24 to 24 of 100)."}],"alanyaspor":[{"season":"2024-25","grade":"C","score":62.7,"components":{"revenue":{"score":7,"leaguePct":0,"overallPct":17,"leagueN":4},"debt":{"score":75,"ratio":0.253},"trading":{"score":100,"avgNetSpendToRevenue":-0.103,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["wages"],"inputs":{"revenue":{"value":684990377.0,"currency":"TRY","usd":17455974.965508793,"confidence":"reported","season":"2024-25","asOf":"2025-05-31","source":"Alanyaspor Kulübü Derneği special-purpose financial statements YE 31 May 2025 (audited by PKF Aday), 2024/25","url":"https://cdn.alanyaspor.org.tr//upload/financialStatements/2025-mali-tablolaralanyaspor-31052025-denetci-gorusu-mali-tablolar-dipnotlard5b0.pdf"},"netDebt":{"value":173098264.0,"currency":"TRY","usd":4411155.345262657,"confidence":"reported","season":"2024-25","asOf":"2025-05-31","source":"Alanyaspor Kulübü Derneği special-purpose financial statements YE 31 May 2025 (audited by PKF Aday)","url":"https://cdn.alanyaspor.org.tr//upload/financialStatements/2025-mali-tablolaralanyaspor-31052025-denetci-gorusu-mali-tablolar-dipnotlard5b0.pdf"},"netTransfers":[{"value":0.0,"currency":"EUR","usd":0.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/super-lig/einnahmenausgaben/wettbewerb/TR1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":2550000.0,"currency":"EUR","usd":2973810.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/super-lig/einnahmenausgaben/wettbewerb/TR1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-7290000.0,"currency":"EUR","usd":-8501598.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/super-lig/einnahmenausgaben/wettbewerb/TR1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"D","score":44.5,"components":{"revenue":{"score":10},"debt":{"score":75},"wages":{"score":0},"trading":{"score":100}},"missing":[],"live":true,"reason":"Better revenue scale: 7 to 10 of 100."}],"club-brugge":[{"season":"2024-25","grade":"A","score":94.6,"components":{"revenue":{"score":87,"leaguePct":100,"overallPct":69,"leagueN":7},"debt":{"score":96,"ratio":0.043},"trading":{"score":100,"avgNetSpendToRevenue":-0.249,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["wages"],"inputs":{"revenue":{"value":122267000.0,"currency":"EUR","usd":143296924.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Salary Sport reading of CLUB BRUGGE NV filed accounts (company 0460444251) — 2024/25","url":"https://salarysport.com/football/belgian-pro-league/club-brugge/finances/"},"netDebt":{"value":5236000.0,"currency":"EUR","usd":6136592.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"CLUB BRUGGE annual accounts FY 1 Jul 2024–30 Jun 2025 filed with the National Bank of Belgium (KBO 0460.444.251, deposit 2025-00549858 of 2025-10-27; balance sheet and debt-maturity schedule)","url":"https://consult.cbso.nbb.be/api/external/broker/public/deposits/pdf/60b3f575-aff5-11f0-b78e-fb588bec3d28"},"netTransfers":[{"value":-24640000.0,"currency":"EUR","usd":-28735168.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/jupiler-pro-league/einnahmenausgaben/wettbewerb/BE1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-26050000.0,"currency":"EUR","usd":-30379509.999999996,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/jupiler-pro-league/einnahmenausgaben/wettbewerb/BE1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-40600000.0,"currency":"EUR","usd":-47347720.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/jupiler-pro-league/einnahmenausgaben/wettbewerb/BE1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"A","score":90.1,"components":{"revenue":{"score":91},"debt":{"score":96},"wages":{"score":77},"trading":{"score":100}},"missing":[],"live":true,"reason":"Better revenue scale: 87 to 91 of 100."}],"standard-liege":[{"season":"2024-25","grade":"A","score":82.6,"components":{"revenue":{"score":39,"leaguePct":50,"overallPct":23,"leagueN":7},"debt":{"score":100,"ratio":-0.015},"trading":{"score":100,"avgNetSpendToRevenue":-0.28,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["wages"],"inputs":{"revenue":{"value":20453554.0,"currency":"EUR","usd":23971565.288,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Salary Sport reading of STANDARD DE LIEGE filed accounts (company 0433255448) — 2024/25","url":"https://salarysport.com/football/belgian-pro-league/standard/finances/"},"netDebt":{"value":-311834.71,"currency":"EUR","usd":-365470.28012,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"STANDARD DE LIEGE annual accounts FY 1 Jul 2024–30 Jun 2025 filed with the National Bank of Belgium (KBO 0433.255.448, deposit 2025-00573986 of 2025-11-28; balance sheet and debt-maturity schedule)","url":"https://consult.cbso.nbb.be/api/external/broker/public/deposits/pdf/a1bb52a7-5027-11f0-b2e8-939c05d23458"},"netTransfers":[{"value":-1210000.0,"currency":"EUR","usd":-1411102.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/jupiler-pro-league/einnahmenausgaben/wettbewerb/BE1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":-2650000.0,"currency":"EUR","usd":-3090430.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/jupiler-pro-league/einnahmenausgaben/wettbewerb/BE1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-13300000.0,"currency":"EUR","usd":-15510459.999999998,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/jupiler-pro-league/einnahmenausgaben/wettbewerb/BE1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"C","score":58.6,"components":{"revenue":{"score":43},"debt":{"score":100},"wages":{"score":0},"trading":{"score":100}},"missing":[],"live":true,"reason":"Better revenue scale: 39 to 43 of 100."}],"mechelen":[{"season":"2024-25","grade":"C","score":57.6,"components":{"revenue":{"score":49,"leaguePct":67,"overallPct":23,"leagueN":7},"debt":{"score":35,"ratio":0.806},"trading":{"score":100,"avgNetSpendToRevenue":-0.186,"seasons":["2022-23","2023-24","2024-25"]}},"missing":["wages"],"inputs":{"revenue":{"value":20890688.0,"currency":"EUR","usd":24483886.336,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Yellow-Red KV Mechelen NV — 2024-25 annual accounts (NBB filing) via companyweb.be; reported by HLN","url":"https://www.companyweb.be/nl/0479448630/yellow-red-kv-mechelen"},"netDebt":{"value":16831000.0,"currency":"EUR","usd":19725932.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"YELLOW-RED KV MECHELEN annual accounts FY 1 Jul 2024–30 Jun 2025 filed with the National Bank of Belgium (KBO 0479.448.630, deposit 2025-00579854 of 2025-12-10; balance sheet and debt-maturity schedule)","url":"https://consult.cbso.nbb.be/api/external/broker/public/deposits/pdf/0321b9c4-d5c9-11f0-b5ac-7b21eaf737d4"},"netTransfers":[{"value":-4850000.0,"currency":"EUR","usd":-5656070.0,"confidence":"reported","season":"2022-23","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/jupiler-pro-league/einnahmenausgaben/wettbewerb/BE1/plus/0?ids=a&sa=&saison_id=2022&saison_id_bis=2022&art=0"},{"value":1150000.0,"currency":"EUR","usd":1341130.0,"confidence":"reported","season":"2023-24","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/jupiler-pro-league/einnahmenausgaben/wettbewerb/BE1/plus/0?ids=a&sa=&saison_id=2023&saison_id_bis=2023&art=0"},{"value":-7940000.0,"currency":"EUR","usd":-9259628.0,"confidence":"reported","season":"2024-25","asOf":"2026-08-25","source":"Transfermarkt","url":"https://www.transfermarkt.de/jupiler-pro-league/einnahmenausgaben/wettbewerb/BE1/plus/0?ids=a&sa=&saison_id=2024&saison_id_bis=2024&art=0"}]},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"C","score":52.5,"components":{"revenue":{"score":47},"debt":{"score":35},"wages":{"score":42},"trading":{"score":100}},"missing":[],"live":true,"reason":"Little change: biggest move was revenue scale (49 to 47 of 100)."}],"venezia":[{"season":"2024-25","grade":"D","score":42.8,"components":{"revenue":{"score":21,"leaguePct":8,"overallPct":41,"leagueN":14},"debt":{"score":100,"ratio":-0.118},"wages":{"score":0,"ratio":1.125}},"missing":["trading"],"inputs":{"revenue":{"value":43200000.0,"currency":"EUR","usd":50630400.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Calcio e Finanza — Venezia FC bilancio 2024/25 (club accounts year to 30 June 2025): ricavi less plusvalenze","url":"https://www.calcioefinanza.it/2025/11/22/venezia-bilancio-2025-fatturato-costi-debiti/"},"netDebt":{"value":-5100000.0,"currency":"EUR","usd":-5977200.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Calcio e Finanza — Venezia FC bilancio 2024/25 (club accounts year to 30 June 2025)","url":"https://www.calcioefinanza.it/2025/11/22/venezia-bilancio-2025-fatturato-costi-debiti/"},"wages":{"value":48600000.0,"currency":"EUR","usd":56959200.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Calcio e Finanza — Venezia FC bilancio 2024/25 (club accounts year to 30 June 2025)","url":"https://www.calcioefinanza.it/2025/11/22/venezia-bilancio-2025-fatturato-costi-debiti/"}},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"D","score":40.4,"components":{"revenue":{"score":24},"debt":{"score":100},"wages":{"score":0},"trading":{"score":28}},"missing":[],"live":true,"reason":"Better revenue scale: 21 to 24 of 100."}],"cambridge-united":[{"season":"2024-25","grade":"F","score":34.8,"components":{"revenue":{"score":31,"leaguePct":43,"overallPct":12,"leagueN":8},"debt":{"score":72,"ratio":0.284},"wages":{"score":0,"ratio":0.72}},"missing":["trading"],"inputs":{"revenue":{"value":9246327.0,"currency":"GBP","usd":12667089.706604326,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Cambridge United Football Club Limited — Full accounts made up to 30 June 2025 (Companies House 00482197, filed 9 Feb 2026)","url":"https://find-and-update.company-information.service.gov.uk/company/00482197/filing-history/MzUwMzc4MjYxMWFkaXF6a2N4/document?format=pdf&download=0"},"netDebt":{"value":2625434.0,"currency":"GBP","usd":3596737.168907072,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Cambridge United Football Club Limited — Full accounts made up to 30 June 2025 (Companies House 00482197, filed 9 Feb 2026)","url":"https://find-and-update.company-information.service.gov.uk/company/00482197/filing-history/MzUwMzc4MjYxMWFkaXF6a2N4/document?format=pdf&download=0"},"wages":{"value":6661435.0,"currency":"GBP","usd":9125893.419053186,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Cambridge United Football Club Limited — Full accounts made up to 30 June 2025 (Companies House 00482197, filed 9 Feb 2026)","url":"https://find-and-update.company-information.service.gov.uk/company/00482197/filing-history/MzUwMzc4MjYxMWFkaXF6a2N4/document?format=pdf&download=0"}},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"D","score":47.4,"components":{"revenue":{"score":29},"debt":{"score":72},"wages":{"score":0},"trading":{"score":100}},"missing":[],"live":true,"reason":"Little change: biggest move was revenue scale (31 to 29 of 100)."}],"mk-dons":[{"season":"2024-25","grade":"F","score":0.5,"components":{"revenue":{"score":2,"leaguePct":0,"overallPct":5,"leagueN":8},"debt":{"score":0,"ratio":3.102},"wages":{"score":0,"ratio":1.358}},"missing":["trading"],"inputs":{"revenue":{"value":5550784.0,"currency":"GBP","usd":7604346.987726476,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Milton Keynes Dons Limited — Full accounts made up to 30 June 2025 (Companies House 04787003, filed 10 Jul 2026)","url":"https://find-and-update.company-information.service.gov.uk/company/04787003/filing-history/MzUzMDUzODI0MGFkaXF6a2N4/document?format=pdf&download=0"},"netDebt":{"value":17216498.0,"currency":"GBP","usd":23585897.902980715,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Milton Keynes Dons Limited — Full accounts made up to 30 June 2025 (Companies House 04787003, filed 10 Jul 2026)","url":"https://find-and-update.company-information.service.gov.uk/company/04787003/filing-history/MzUzMDUzODI0MGFkaXF6a2N4/document?format=pdf&download=0"},"wages":{"value":7537038.0,"currency":"GBP","usd":10325433.706604326,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Milton Keynes Dons Limited — Full accounts made up to 30 June 2025 (Companies House 04787003, filed 10 Jul 2026)","url":"https://find-and-update.company-information.service.gov.uk/company/04787003/filing-history/MzUzMDUzODI0MGFkaXF6a2N4/document?format=pdf&download=0"}},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"F","score":13.4,"components":{"revenue":{"score":6},"debt":{"score":0},"wages":{"score":0},"trading":{"score":61}},"missing":[],"live":true,"reason":"Better revenue scale: 2 to 6 of 100."}],"tenerife":[{"season":"2024-25","grade":"F","score":24.6,"components":{"revenue":{"score":40,"leaguePct":54,"overallPct":18,"leagueN":14},"debt":{"score":39,"ratio":0.73},"wages":{"score":0,"ratio":0.726}},"missing":["trading"],"inputs":{"revenue":{"value":17906251.05,"currency":"EUR","usd":20986126.2306,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Club Deportivo Tenerife SAD — cuentas anuales (annual accounts) year ended 30 June 2025","url":"https://statics-maker.llt-services.com/ten/documents/2026/03/04/9722eea9-da24-43b3-9efe-3fd5dda7e120-968.pdf"},"netDebt":{"value":13065364.32,"currency":"EUR","usd":15312606.98304,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Club Deportivo Tenerife S.A.D. cuentas anuales year ended 30 June 2025 (balance; notas 11, 15.1 and 15.2)","url":"https://statics-maker.llt-services.com/ten/documents/2026/03/04/9722eea9-da24-43b3-9efe-3fd5dda7e120-968.pdf"},"wages":{"value":12997894.32,"currency":"EUR","usd":15233532.14304,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Club Deportivo Tenerife SAD — cuentas anuales (annual accounts) year ended 30 June 2025","url":"https://statics-maker.llt-services.com/ten/documents/2026/03/04/9722eea9-da24-43b3-9efe-3fd5dda7e120-968.pdf"}},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"D","score":39.5,"components":{"revenue":{"score":39},"debt":{"score":39},"wages":{"score":0},"trading":{"score":100}},"missing":[],"live":true,"reason":"Little change: biggest move was revenue scale (40 to 39 of 100)."}],"eldense":[{"season":"2024-25","grade":"F","score":29.8,"components":{"revenue":{"score":8,"leaguePct":8,"overallPct":9,"leagueN":14},"debt":{"score":74,"ratio":0.255},"wages":{"score":0,"ratio":0.677}},"missing":["trading"],"inputs":{"revenue":{"value":9101841.23,"currency":"EUR","usd":10667357.92156,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Club Deportivo Eldense SAD — informe de auditoría y cuentas anuales (annual accounts) year ended 30 June 2025","url":"https://statics-maker.llt-services.com/eld/documents/2026/07/15/134a3687-3582-4045-bd0b-c3fb7f05858b-835.pdf"},"netDebt":{"value":2323214.17,"currency":"EUR","usd":2722807.0072399997,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Club Deportivo Eldense SAD — informe de auditoría y cuentas anuales (annual accounts) year ended 30 June 2025","url":"https://statics-maker.llt-services.com/eld/documents/2026/07/15/134a3687-3582-4045-bd0b-c3fb7f05858b-835.pdf"},"wages":{"value":6161285.54,"currency":"EUR","usd":7221026.65288,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Club Deportivo Eldense SAD — informe de auditoría y cuentas anuales (annual accounts) year ended 30 June 2025","url":"https://statics-maker.llt-services.com/eld/documents/2026/07/15/134a3687-3582-4045-bd0b-c3fb7f05858b-835.pdf"}},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"D","score":44.0,"components":{"revenue":{"score":9},"debt":{"score":74},"wages":{"score":0},"trading":{"score":100}},"missing":[],"live":true,"reason":"Little change: biggest move was revenue scale (8 to 9 of 100)."}],"troyes":[{"season":"2024-25","grade":"D","score":38.8,"components":{"revenue":{"score":5,"leaguePct":0,"overallPct":13,"leagueN":9},"debt":{"score":100,"ratio":-0.665},"wages":{"score":0,"ratio":1.99}},"missing":["trading"],"inputs":{"revenue":{"value":11202000.0,"currency":"EUR","usd":13128744.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"DNCG (LFP) individual club accounts 2024/25 — comptes individuels des clubs","url":"https://patrickbayeux.com/wp-content/uploads/2026/04/2604-Dds-lfp-sncg-COMPTES_INDIVIDUELS_CLUBS_2024_2025.pdf"},"netDebt":{"value":-7448000.0,"currency":"EUR","usd":-8729056.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"DNCG (LFP) individual club accounts 2024/25 — comptes individuels des clubs","url":"https://patrickbayeux.com/wp-content/uploads/2026/04/2604-Dds-lfp-sncg-COMPTES_INDIVIDUELS_CLUBS_2024_2025.pdf"},"wages":{"value":22290000.0,"currency":"EUR","usd":26123880.0,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"DNCG (LFP) individual club accounts 2024/25 — comptes individuels des clubs","url":"https://patrickbayeux.com/wp-content/uploads/2026/04/2604-Dds-lfp-sncg-COMPTES_INDIVIDUELS_CLUBS_2024_2025.pdf"}},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"C","score":51.4,"components":{"revenue":{"score":7},"debt":{"score":100},"wages":{"score":0},"trading":{"score":100}},"missing":[],"live":true,"reason":"Little change: biggest move was revenue scale (5 to 7 of 100)."}],"willem-ii":[{"season":"2024-25","grade":"D","score":37.6,"components":{"revenue":{"score":32,"leaguePct":40,"overallPct":20,"leagueN":6},"debt":{"score":79,"ratio":0.207},"wages":{"score":0,"ratio":0.582}},"missing":["trading"],"inputs":{"revenue":{"value":18750178.0,"currency":"EUR","usd":21975208.616,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Willem II Tilburg — jaarverslag (annual report and accounts) 2024/25","url":"https://www.willem-ii.nl/sites/default/files/pdf/2025-11/Willem%20II%20Jaarverslag%202024-2025.pdf"},"netDebt":{"value":3876987.0,"currency":"EUR","usd":4543828.7639999995,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Willem II Tilburg — jaarverslag (annual report and accounts) 2024/25","url":"https://www.willem-ii.nl/sites/default/files/pdf/2025-11/Willem%20II%20Jaarverslag%202024-2025.pdf"},"wages":{"value":10921557.0,"currency":"EUR","usd":12800064.804,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Willem II Tilburg — jaarverslag (annual report and accounts) 2024/25","url":"https://www.willem-ii.nl/sites/default/files/pdf/2025-11/Willem%20II%20Jaarverslag%202024-2025.pdf"}},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"D","score":47.5,"components":{"revenue":{"score":33},"debt":{"score":79},"wages":{"score":0},"trading":{"score":86}},"missing":[],"live":true,"reason":"Little change: biggest move was revenue scale (32 to 33 of 100)."}],"maritimo":[{"season":"2024-25","grade":"D","score":40.0,"components":{"revenue":{"score":10,"leaguePct":17,"overallPct":0,"leagueN":7},"debt":{"score":100,"ratio":-0.311},"wages":{"score":0,"ratio":6.856}},"missing":["trading"],"inputs":{"revenue":{"value":1050514.0,"currency":"EUR","usd":1231202.408,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Marítimo da Madeira – Futebol, SAD — Relatório & Contas 2024/2025 (archived copy)","url":"https://web.archive.org/web/20260611124549/https://www.csmaritimo.org.pt/wp-content/uploads/2026/05/FUTEBOL-SAD_RC-30.06.2025.pdf"},"netDebt":{"value":-326734.0,"currency":"EUR","usd":-382932.24799999996,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Marítimo da Madeira – Futebol, SAD — Relatório & Contas 2024/2025 (archived copy)","url":"https://web.archive.org/web/20260611124549/https://www.csmaritimo.org.pt/wp-content/uploads/2026/05/FUTEBOL-SAD_RC-30.06.2025.pdf"},"wages":{"value":7202351.0,"currency":"EUR","usd":8441155.372,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Marítimo da Madeira – Futebol, SAD — Relatório & Contas 2024/2025 (archived copy)","url":"https://web.archive.org/web/20260611124549/https://www.csmaritimo.org.pt/wp-content/uploads/2026/05/FUTEBOL-SAD_RC-30.06.2025.pdf"}},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"C","score":51.6,"components":{"revenue":{"score":8},"debt":{"score":100},"wages":{"score":0},"trading":{"score":100}},"missing":[],"live":true,"reason":"Little change: biggest move was revenue scale (10 to 8 of 100)."}],"academico-viseu":[{"season":"2024-25","grade":"F","score":0.0,"components":{"revenue":{"score":0,"leaguePct":0,"overallPct":0,"leagueN":7},"debt":{"score":0,"ratio":25.97},"wages":{"score":0,"ratio":7.291}},"missing":["trading"],"inputs":{"revenue":{"value":1044902.33,"currency":"EUR","usd":1224625.53076,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Académico de Viseu Futebol Clube – Futebol SAD — Relatório e Contas 2024/2025 (accounts year to 30 Jun 2025)","url":"https://academicodeviseu.pt/source/RC%2024_25.pdf"},"netDebt":{"value":27135889.19,"currency":"EUR","usd":31803262.13068,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Académico de Viseu Futebol Clube – Futebol SAD — Relatório e Contas 2024/2025 (accounts year to 30 Jun 2025)","url":"https://academicodeviseu.pt/source/RC%2024_25.pdf"},"wages":{"value":7618634.38,"currency":"EUR","usd":8929039.49336,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Académico de Viseu Futebol Clube – Futebol SAD — Relatório e Contas 2024/2025 (accounts year to 30 Jun 2025)","url":"https://academicodeviseu.pt/source/RC%2024_25.pdf"}},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"F","score":15.4,"components":{"revenue":{"score":4},"debt":{"score":0},"wages":{"score":0},"trading":{"score":73}},"missing":[],"live":true,"reason":"Better revenue scale: 0 to 4 of 100."}],"beveren":[{"season":"2024-25","grade":"F","score":33.6,"components":{"revenue":{"score":1,"leaguePct":0,"overallPct":3,"leagueN":7},"debt":{"score":89,"ratio":0.109},"wages":{"score":0,"ratio":2.101}},"missing":["trading"],"inputs":{"revenue":{"value":3162711.0,"currency":"EUR","usd":3706697.292,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"WAASLAND VOETBAL LINKEROEVER BV (0534.979.348) — NBB annual accounts FY 2024/25, filed 27 Oct 2025, via Staatsbladmonitor","url":"https://www.staatsbladmonitor.be/bedrijfsfiche.html?ondernemingsnummer=0534979348"},"netDebt":{"value":345721.0,"currency":"EUR","usd":405185.012,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"WAASLAND VOETBAL LINKEROEVER BV (0534.979.348) — NBB annual accounts FY 2024/25 (full model, ref 2025-00550088, filed 22 Oct 2025)","url":"https://consult.cbso.nbb.be/api/external/broker/public/deposits/pdf/58de7dae-af17-11f0-84f0-79050356e7a6"},"wages":{"value":6644181.0,"currency":"EUR","usd":7786980.131999999,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"WAASLAND VOETBAL LINKEROEVER BV (0534.979.348) — NBB annual accounts FY 2024/25 (full model, ref 2025-00550088, filed 22 Oct 2025)","url":"https://consult.cbso.nbb.be/api/external/broker/public/deposits/pdf/58de7dae-af17-11f0-84f0-79050356e7a6"}},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"D","score":46.9,"components":{"revenue":{"score":1},"debt":{"score":89},"wages":{"score":0},"trading":{"score":100}},"missing":[],"live":true,"reason":"Little change: biggest move was revenue scale (1 to 1 of 100)."}],"lommel":[{"season":"2024-25","grade":"F","score":3.0,"components":{"revenue":{"score":12,"leaguePct":17,"overallPct":4,"leagueN":7},"debt":{"score":0,"ratio":5.157},"wages":{"score":0,"ratio":4.572}},"missing":["trading"],"inputs":{"revenue":{"value":3689259.0,"currency":"EUR","usd":4323811.5479999995,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Voetbalclub Lommel SK NV (0677.706.633) — NBB annual accounts FY 2024/25, filed 18 Dec 2025, via Staatsbladmonitor","url":"https://www.staatsbladmonitor.be/bedrijfsfiche.html?ondernemingsnummer=0677706633"},"netDebt":{"value":19026406.0,"currency":"EUR","usd":22298947.832,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Voetbalclub Lommel SK NV (0677.706.633) — NBB annual accounts FY 2024/25 (full model, ref 2025-00584029, filed 16 Dec 2025)","url":"https://consult.cbso.nbb.be/api/external/broker/public/deposits/pdf/c891b3bd-da86-11f0-bc5f-b5e6b586fa31"},"wages":{"value":16867226.0,"currency":"EUR","usd":19768388.871999998,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Voetbalclub Lommel SK NV (0677.706.633) — NBB annual accounts FY 2024/25 (full model, ref 2025-00584029, filed 16 Dec 2025)","url":"https://consult.cbso.nbb.be/api/external/broker/public/deposits/pdf/c891b3bd-da86-11f0-bc5f-b5e6b586fa31"}},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"F","score":21.0,"components":{"revenue":{"score":5},"debt":{"score":0},"wages":{"score":0},"trading":{"score":100}},"missing":[],"live":true,"reason":"Worse revenue scale: 12 to 5 of 100."}],"st-johnstone":[{"season":"2024-25","grade":"D","score":38.2,"components":{"revenue":{"score":3,"leaguePct":0,"overallPct":8,"leagueN":4},"debt":{"score":100,"ratio":-0.06},"wages":{"score":0,"ratio":0.693}},"missing":["trading"],"inputs":{"revenue":{"value":6833127.0,"currency":"GBP","usd":9210749.768544937,"confidence":"reported","season":"2024-25","asOf":"2025-05-31","source":"St Johnstone Football Club Limited — Full accounts made up to 31 May 2025 (Companies House SC007629, filed 19 Feb 2026)","url":"https://find-and-update.company-information.service.gov.uk/company/SC007629/filing-history/MzUwNjA4MjM5OWFkaXF6a2N4/document?format=pdf&download=0"},"netDebt":{"value":-410755.0,"currency":"GBP","usd":-553679.3800523062,"confidence":"reported","season":"2024-25","asOf":"2025-05-31","source":"St Johnstone Football Club Limited — Full accounts made up to 31 May 2025 (Companies House SC007629, filed 19 Feb 2026)","url":"https://find-and-update.company-information.service.gov.uk/company/SC007629/filing-history/MzUwNjA4MjM5OWFkaXF6a2N4/document?format=pdf&download=0"},"wages":{"value":4736445.0,"currency":"GBP","usd":6384516.150142654,"confidence":"reported","season":"2024-25","asOf":"2025-05-31","source":"St Johnstone Football Club Limited — Full accounts made up to 31 May 2025 (Companies House SC007629, filed 19 Feb 2026)","url":"https://find-and-update.company-information.service.gov.uk/company/SC007629/filing-history/MzUwNjA4MjM5OWFkaXF6a2N4/document?format=pdf&download=0"}},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"C","score":52.0,"components":{"revenue":{"score":10},"debt":{"score":100},"wages":{"score":0},"trading":{"score":100}},"missing":[],"live":true,"reason":"Better revenue scale: 3 to 10 of 100."}],"birmingham-city-women":[{"season":"2024-25","grade":"C","score":56.0,"components":{"revenue":{"score":35,"leaguePct":55,"overallPct":7,"leagueN":12},"debt":{"score":100,"ratio":-0.001},"wages":{"score":26,"ratio":0.405}},"missing":["trading"],"inputs":{"revenue":{"value":6100000.0,"currency":"GBP","usd":8356750.438340152,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"The Guardian, 20 Aug 2026 — WSL finances club-by-club (Birmingham City Women accounts, 2024/25)","url":"https://www.theguardian.com/football/2026/aug/20/womens-super-league-finances-club-by-club-breakdown-verdict"},"netDebt":{"value":-7925.0,"currency":"GBP","usd":-10856.925774400936,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Birmingham City Women Football Club Limited — Accounts for a small company made up to 30 June 2025 (Companies House 08308133, filed 4 Apr 2026)","url":"https://find-and-update.company-information.service.gov.uk/company/08308133/filing-history/MzUxMjk5MTk4MGFkaXF6a2N4/document?format=pdf&download=0"},"wages":{"value":2473252.0,"currency":"GBP","usd":3388254.0549386325,"confidence":"reported","season":"2024-25","asOf":"2025-06-30","source":"Birmingham City Women Football Club Limited — Accounts for a small company made up to 30 June 2025 (Companies House 08308133, filed 4 Apr 2026)","url":"https://find-and-update.company-information.service.gov.uk/company/08308133/filing-history/MzUxMjk5MTk4MGFkaXF6a2N4/document?format=pdf&download=0"}},"reason":"First season with enough cited inputs to grade."},{"season":"current","grade":"C","score":56.2,"components":{"revenue":{"score":36},"debt":{"score":100},"wages":{"score":26}},"missing":["Transfer trading"],"live":true,"reason":"Little change: biggest move was revenue scale (35 to 36 of 100)."}]}}