Football · The Window LedgerPublished · 2026-08-12
The Window Ledger
€103m in, €108m out: the Super League Greece's 2025/26 ledger across 334 moves
What the league paid, what it recouped, and the 87% of its business that carried no fee at all.
THE BACK PAGE · the money behind the move · ACTUAL SPORTS MEDIA
Across 2025/26, the Super League Greece recorded 334 incoming moves. 45 of them carried a disclosed fee; the other 289 (87%) were frees, loans or undisclosed.
Spent
€103m
Disclosed incoming fees, 2025/26.
Banked
€108m
Disclosed fees received, 2025/26.
Net
−€4.6m
Spend minus receipts. Not a profit-and-loss — wages and amortisation are not in this record.
Deals with no disclosed fee
87%
Undisclosed is a real outcome, not a missing number, and is never estimated here.
| Player | From | To | Fee |
|---|---|---|---|
| Christos Zafeiris | Slavia Praha | PAOK | €10.5m |
| Gabriel Strefezza | Como | Olympiacos | €8.0m |
| André Luiz | Rio Ave | Olympiacos | €6.8m |
| Santino Andino | Godoy Cruz | Panathinaikos | €6.5m |
| Adriano Jagusic | Slaven Belupo | Panathinaikos | €5.2m |
| Clayton | Rio Ave | Olympiacos | €5.0m |
| Cyriel Dessers | Rangers | Panathinaikos | €4.6m |
| Barnabás Varga | Ferencváros | AEK Athens | €4.5m |
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 2026-08-12Partial wages, amortisation withheld — the evidence didn't support it
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