Football · The Window LedgerPublished · 2026-08-15
The Window Ledger
€50.5m in, €125m out: the Austrian Bundesliga's 2025/26 ledger across 264 moves
What the league paid, what it recouped, and the 86% of its business that carried no fee at all.
THE BACK PAGE · the money behind the move · ACTUAL SPORTS MEDIA
Across 2025/26, the Austrian Bundesliga recorded 264 incoming moves. 37 of them carried a disclosed fee; the other 227 (86%) were frees, loans or undisclosed.
Spent
€50.5m
Disclosed incoming fees, 2025/26.
Banked
€125m
Disclosed fees received, 2025/26.
Net
−€75.0m
Spend minus receipts. Not a profit-and-loss — wages and amortisation are not in this record.
Deals with no disclosed fee
86%
Undisclosed is a real outcome, not a missing number, and is never estimated here.
| Player | From | To | Fee |
|---|---|---|---|
| Damir Redzic | Dunajska Streda | Salzburg | €4.8m |
| Tobias Gulliksen | Djurgården | SK Rapid | €3.8m |
| Tobias Gulliksen | Djurgården | Rapid Vienna | €3.8m |
| Frans Krätzig | Bayern Munich | Salzburg | €3.5m |
| Martin Ndzie | Ashdod | SK Rapid | €2.5m |
| Martin Ndzie | FC Ashdod | Rapid Vienna | €2.5m |
| Tim Drexler | Hoffenheim | Salzburg | €2.0m |
| Maurice Malone | Austria Vienna | Sturm Graz | €2.0m |
A league ledger measures money moved, not quality bought. The share of business done without a fee is the number most often skipped, and it is usually the majority of it.
Transfer record, fees and market values: ACTUAL TRANSFER MARKET (actualtransfermarket.com). Analysis: ACTUAL SPORT INTELLIGENCE.
Confidence HighEvidence Actual Sport IntelligencePublished 2026-08-15Partial wages, amortisation withheld — the evidence didn't support it
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