Football · The Window LedgerPublished · 2026-08-16
The Window Ledger
€251m in, €453m out: the Eredivisie's 2025/26 ledger across 538 moves
What the league paid, what it recouped, and the 84% of its business that carried no fee at all.
THE BACK PAGE · the money behind the move · ACTUAL SPORTS MEDIA
Across 2025/26, the Eredivisie recorded 538 incoming moves. 88 of them carried a disclosed fee; the other 450 (84%) were frees, loans or undisclosed.
Spent
€251m
Disclosed incoming fees, 2025/26.
Banked
€453m
Disclosed fees received, 2025/26.
Net
−€202m
Spend minus receipts. Not a profit-and-loss — wages and amortisation are not in this record.
Deals with no disclosed fee
84%
Undisclosed is a real outcome, not a missing number, and is never estimated here.
| Player | From | To | Fee |
|---|---|---|---|
| Ruben van Bommel | AZ Alkmaar | PSV | €15.8m |
| Paul Wanner | Bayern Munich | PSV | €15.0m |
| Oscar Gloukh | Salzburg | Ajax | €14.8m |
| Raúl Moro | Real Valladolid | Ajax | €11.0m |
| Ko Itakura | Mönchengladbach | Ajax | €10.5m |
| Sem Steijn | FC Twente | Feyenoord | €10.0m |
| Gonçalo Borges | Porto | Feyenoord | €10.0m |
| Kasper Dolberg | RSC Anderlecht | Ajax | €10.0m |
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 2026-08-16Partial wages, amortisation withheld — the evidence didn't support it
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