Football · The Window LedgerPublished · 2026-08-13
The Window Ledger
€10.8m in, €20.4m out: Liga I's 2025/26 ledger across 306 moves
What the league paid, what it recouped, and the 90% of its business that carried no fee at all.
THE BACK PAGE · the money behind the move · ACTUAL SPORTS MEDIA
Across 2025/26, Liga I recorded 306 incoming moves. 30 of them carried a disclosed fee; the other 276 (90%) were frees, loans or undisclosed.
Spent
€10.8m
Disclosed incoming fees, 2025/26.
Banked
€20.4m
Disclosed fees received, 2025/26.
Net
−€9.6m
Spend minus receipts. Not a profit-and-loss — wages and amortisation are not in this record.
Deals with no disclosed fee
90%
Undisclosed is a real outcome, not a missing number, and is never estimated here.
| Player | From | To | Fee |
|---|---|---|---|
| Assad Al-Hamlawi | Slask Wroclaw | Univ. Craiova | €1.0m |
| Luca Băsceanu | FCV Farul | Univ. Craiova | €1.0m |
| Dennis Politic | FC Dinamo | FCSB | €970k |
| Drilon Hazrollaj | FC Malisheva | FC Rapid 1923 | €900k |
| Oleksandr Romanchuk | Kryvbas | Univ. Craiova | €750k |
| João Paulo | Otelul Galati | FCSB | €600k |
| Nikita Stoinov | Maccabi Netanya | FC Dinamo | €450k |
| Robert Sălceanu | Petrolul | FC Rapid 1923 | €400k |
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 2026-08-13Partial wages, amortisation withheld — the evidence didn't support it
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