EFL Squad Cost Ratio
How much can Plymouth Argyle spend?
Under the EFL's Squad Cost Ratio rules, Plymouth Argyle can spend
around £36.8m on squad
costs - based on an estimated £25.6m of football
revenue and the 85% limit, plus the owner equity top-up.
That leaves an estimated £19.9m of headroom.
Plymouth Argyle: the SCR breakdown
- Estimated revenue (football) reported £25.6m
- SCR limit - 85% of revenue £21.8m
- + Owner equity top-up (max / season) £15m
- Effective spending allowance £36.8m
- Estimated squad cost reported £16.9m
- Headroom +£19.9m
High spending power
- squad cost is 66% of revenue
What this means
On these estimates, Plymouth Argyle sit comfortably inside the 85% Green Threshold. They have room to invest in the squad without straining the rules.
Old rules vs new: PSR compared to SCR
Under the old PSR system, clubs were judged on total losses over three years, not on what they spent on the squad as a share of revenue. Here's how Plymouth's position compares under both sets of rules.
| Old PSR (loss-based) | New SCR (revenue-based) |
|---|---|
|
3-year losses: −£2.1m
reported
Limit: £39m Headroom: +£36.9m 2022/23–2024/25 (Champ/League One) |
Squad cost: £16.9m
Limit (85% + top-up): £36.8m Headroom: +£19.9m Based on £25.6m revenue |
One of the most PSR-compliant clubs - net losses of only ~£2.1m over three years. £2.4m loss in 2023/24 Championship season; posted a £0.3m profit in 2024/25. Disciplined cost control and player trading kept losses minimal. Strong PSR headroom.
Note on this club's figures. 2023/24 revenue £25.6m (first Championship season). Staff costs £16.9m - unusually low ratio, club ran lean in promotion season. Sources: Swiss Ramble, pafc.co.uk official accounts, Companies House.
Source.
Source.
Compare Plymouth with another club
Figures are illustrative estimates from published accounts and public reporting, not
official SCR submissions. SCR uses adjusted football revenue, which differs from headline
turnover. Last reviewed 2026-05-17.
Full rules explainer →