Premier League SCR head-to-head
Man Utd vs Tottenham
Side by side
Manchester United
- Estimated revenue (football) reported £667m
- + Player trading profit/loss (3-yr average) +£35.3m
- Latest single season was +£49m not used alone
- = Adjusted revenue (SCR basis) £702.3m
- 85% SCR limit £597m
- Estimated squad cost estimated £476m
- Player wages £250m
- Player amortisation £193m
- Agents' fees £33m
- Squad cost = player wages + player amortisation + agents' fees. Composed estimate — no club discloses the SCR split.
- Headroom vs 85% limit +£121m
- Red Threshold (115% of adjusted revenue) £807.7m
- Headroom vs Red Threshold +£331.7m
UEFA squad cost rule (UEFA Champions League) — a separate regulator's rule, running alongside the domestic one
- UEFA limit (70% of adjusted revenue) £491.6m
- Headroom vs UEFA limit +£15.6m
For reference, Transfermarkt's current squad market value is £748.4m (source) — a transfer-market valuation, not the same thing as squad cost. It's shown purely as a sanity-check on the scale of the composed wage/amortisation figure above, not as an input to the SCR calculation itself.
Tottenham Hotspur
- Estimated revenue (football) reported £565.3m
- + Player trading profit/loss (3-yr average) +£50.1m
- Latest single season was +£52.4m not used alone
- = Adjusted revenue (SCR basis) £615.4m
- 85% SCR limit £523.1m
- Estimated squad cost estimated £365.2m
- Player wages £204.8m
- Player amortisation £142m
- Agents' fees £18.4m
- Squad cost = player wages + player amortisation + agents' fees. Composed estimate — no club discloses the SCR split.
- Headroom vs 85% limit +£157.9m
- Red Threshold (115% of adjusted revenue) £707.7m
- Headroom vs Red Threshold +£342.5m
For reference, Transfermarkt's current squad market value is £785.9m (source) — a transfer-market valuation, not the same thing as squad cost. It's shown purely as a sanity-check on the scale of the composed wage/amortisation figure above, not as an input to the SCR calculation itself.
What drives the difference
Neither club has an owner top-up to lean on: Premier League SCR is 85% of adjusted revenue, full stop, with a 30% allowance above it that shrinks after any breach. Adjusted revenue nets in profit on player sales averaged over three seasons — Man Utd +£35.3m, Tottenham +£50.1m — so a club that sells well buys itself headroom without touching its wage bill. Man Utd is also bound by UEFA's stricter 70% rule this season, which is the tighter constraint of the two for most clubs in Europe.