Nottingham Forest

Premier League· 2026/27

Window openAssessed 1 Jul 2026

Registered & legal· 1 advisory

Squad finances

Totals summed from contract records

Wage bill: £74.7m/yr£1.4m/wk · 26 of 26 on record
Transfer outlay: £340.1m24 of 26 fees on record
Amortisation: £72.8m/yrbook charge on fees

					Homegrown	Lists				Status
Senior squad 23 registered · 8 homegrown · 15 non-homegrown · counts toward the 25
	3	Neco WilliamsWAL	DF	25	HG	PL	£65k	2029	£17m	—
Eligibility PL homegrown Yes Homegrown: 15.0 seasons at an FA/FAW club before 21. UEFA training origin Association-trained Association-trained: 3+ seasons at same-association clubs 15–21. Work permit Exempt — England-eligible Registration & availability On squad lists PL 25 Availability Available No injury or suspension on record. Contract & caps Contract 2022 → 2029 · £65,000/wk Transfer fee / amortisation £17m · £2.4m/yr over 7y Pre-2023 deal — original amortisation kept (§6). Senior caps 57 · age 25
	4	MoratoBRA	DF	25	—	PL	£35k	2029	£9m	—
Eligibility PL homegrown No Not homegrown: no qualifying FA/FAW registration before 21 on record. UEFA training origin Not locally trained Not locally trained on record. Work permit Exempt — Settled / no permit required Registration & availability On squad lists PL 25 Availability Available No injury or suspension on record. Contract & caps Contract 2024 → 2029 · £35,000/wk Transfer fee / amortisation £9.3m · £1.9m/yr over 5y Senior caps Not on record · age 25
	5	MurilloBRA	DF	23	—	PL	£75k	2030	£5m	—
Eligibility PL homegrown No Not homegrown: no qualifying FA/FAW registration before 21 on record. UEFA training origin Not locally trained Not locally trained on record. Work permit Exempt — Settled / no permit required Registration & availability On squad lists PL 25 Availability Available No injury or suspension on record. Contract & caps Contract 2026 → 2030 · £75,000/wk Transfer fee / amortisation £5.2m · £1.3m/yr over 4y Senior caps 1 · age 23
	6	Ibrahim SangaréCIV	MF	28	—	PL	£75k	2028	£30m	—
Eligibility PL homegrown No Not homegrown: no qualifying FA/FAW registration before 21 on record. UEFA training origin Not locally trained Not locally trained on record. Work permit Exempt — Settled / no permit required Registration & availability On squad lists PL 25 Availability Available No injury or suspension on record. Contract & caps Contract 2023 → 2028 · £75,000/wk Transfer fee / amortisation £30m · £6.0m/yr over 5y Senior caps 61 · age 28
	7	Callum Hudson-OdoiENG	FW	25	HG	PL	£90k	2028	£5m	—
Eligibility PL homegrown Yes Homegrown: 14.9 seasons at an FA/FAW club before 21. UEFA training origin Association-trained Association-trained: 3+ seasons at same-association clubs 15–21. Work permit Exempt — England-eligible Registration & availability On squad lists PL 25 Availability Available No injury or suspension on record. Contract & caps Contract 2023 → 2028 · £90,000/wk Transfer fee / amortisation £5m · £1.0m/yr over 5y Senior caps Not on record · age 25
	9	Taiwo AwoniyiNGA	FW	28	HG	PL	£50k	2027	£17m	—
Eligibility PL homegrown Yes Homegrown: 3.6 seasons at an FA/FAW club before 21. UEFA training origin Association-trained Association-trained: 3+ seasons at same-association clubs 15–21. Work permit Exceptions Panel — 0/15 points Registration & availability On squad lists PL 25 Availability Available No injury or suspension on record. Contract & caps Contract 2022 → 2027 · £50,000/wk Transfer fee / amortisation £17.3m · £3.5m/yr over 5y Pre-2023 deal — original amortisation kept (§6). Senior caps Not on record · age 28
	10	Morgan Gibbs-WhiteENG	MF	26	HG	PL	£100k	2028	£25m	—
Eligibility PL homegrown Yes Homegrown: 13.1 seasons at an FA/FAW club before 21. UEFA training origin Association-trained Association-trained: 3+ seasons at same-association clubs 15–21. Work permit Exempt — England-eligible Registration & availability On squad lists PL 25 Availability Available No injury or suspension on record. Contract & caps Contract 2022 → 2028 · £100,000/wk Transfer fee / amortisation £25m · £4.2m/yr over 6y Pre-2023 deal — original amortisation kept (§6). Senior caps Not on record · age 26
	11	Chris WoodNZL	FW	34	—	PL	£100k	2027	£15m	—
Eligibility PL homegrown No Not homegrown: no qualifying FA/FAW registration before 21 on record. UEFA training origin Not locally trained Not locally trained on record. Work permit Exempt — Settled / no permit required Registration & availability On squad lists PL 25 Availability Available No injury or suspension on record. Contract & caps Contract 2025 → 2027 · £100,000/wk Transfer fee / amortisation £15m · £7.5m/yr over 2y Senior caps 90 · age 34
	13	John VictorBRA	GK	30	—	PL	£30k	2028	£7m	—
Eligibility PL homegrown No Not homegrown: no qualifying FA/FAW registration before 21 on record. UEFA training origin Not locally trained Not locally trained on record. Work permit Exempt — Settled / no permit required Registration & availability On squad lists PL 25 Availability Available No injury or suspension on record. Contract & caps Contract 2025 → 2028 · £30,000/wk Transfer fee / amortisation £6.9m · £2.3m/yr over 3y Senior caps Not on record · age 30
	14	Dan NdoyeSUI	FW	25	—	PL	£85k	2030	£35m	—
Eligibility PL homegrown No Not homegrown: no qualifying FA/FAW registration before 21 on record. UEFA training origin Not locally trained Not locally trained on record. Work permit Exempt — Settled / no permit required Registration & availability On squad lists PL 25 Availability Available No injury or suspension on record. Contract & caps Contract 2025 → 2030 · £85,000/wk Transfer fee / amortisation £34.6m · £6.9m/yr over 5y Senior caps 37 · age 25
	15	Arnaud KalimuendoFRA	FW	24	—	PL	£50k	2030	£25m	—
Eligibility PL homegrown No Not homegrown: no qualifying FA/FAW registration before 21 on record. UEFA training origin Not locally trained Not locally trained on record. Work permit Exempt — Settled / no permit required Registration & availability On squad lists PL 25 Availability Available No injury or suspension on record. Contract & caps Contract 2025 → 2030 · £50,000/wk Transfer fee / amortisation £25m · £5.0m/yr over 5y Senior caps Not on record · age 24
	16	Nicolás DomínguezARG	MF	28	—	PL	£45k	2028	—	—
Eligibility PL homegrown No Not homegrown: no qualifying FA/FAW registration before 21 on record. UEFA training origin Not locally trained Not locally trained on record. Work permit Exempt — Settled / no permit required Registration & availability On squad lists PL 25 Availability Available No injury or suspension on record. Contract & caps Contract 2023 → 2028 · £45,000/wk Transfer fee / amortisation Not on record Senior caps 11 · age 28
	19	Igor JesusBRA	FW	25	—	PL	£40k	2029	£10m	—
Eligibility PL homegrown No Not homegrown: no qualifying FA/FAW registration before 21 on record. UEFA training origin Not locally trained Not locally trained on record. Work permit Exempt — Settled / no permit required Registration & availability On squad lists PL 25 Availability Available No injury or suspension on record. Contract & caps Contract 2025 → 2029 · £40,000/wk Transfer fee / amortisation £10m · £2.5m/yr over 4y Senior caps 5 · age 25
	21	Omari HutchinsonENG	FW	22	HG	PL	£35k	2030	£38m	—
Eligibility PL homegrown Yes Homegrown: 8.8 seasons at an FA/FAW club before 21. UEFA training origin Association-trained Association-trained: 3+ seasons at same-association clubs 15–21. Work permit Exempt — England-eligible Registration & availability On squad lists PL 25 Availability Available No injury or suspension on record. Contract & caps Contract 2025 → 2030 · £35,000/wk Transfer fee / amortisation £37.5m · £7.5m/yr over 5y Senior caps Not on record · age 22
	22	Ryan YatesENG	MF	28	HG	PL	£50k	2028	£0m	—
Eligibility PL homegrown Yes Homegrown: 14.9 seasons at an FA/FAW club before 21. UEFA training origin Club-trained Club-trained: 3+ seasons registered 15–21. Work permit Exempt — England-eligible Registration & availability On squad lists PL 25 Availability Available No injury or suspension on record. Contract & caps Contract 2016 → 2028 · £50,000/wk Transfer fee / amortisation £0m · £0.0m/yr over 12y Pre-2023 deal — original amortisation kept (§6). Senior caps Not on record · age 28
	24	James McAteeENG	MF	23	HG	PL	£40k	2030	£30m	—
Eligibility PL homegrown Yes Homegrown: 12.6 seasons at an FA/FAW club before 21. UEFA training origin Association-trained Association-trained: 3+ seasons at same-association clubs 15–21. Work permit Exempt — England-eligible Registration & availability On squad lists PL 25 Availability Available No injury or suspension on record. Contract & caps Contract 2025 → 2030 · £40,000/wk Transfer fee / amortisation £30m · £6.0m/yr over 5y Senior caps Not on record · age 23
	25	Luca NetzGER	DF	23	—	PL	£45k	2030	£2m	—
Eligibility PL homegrown No Not homegrown: no qualifying FA/FAW registration before 21 on record. UEFA training origin Not locally trained Not locally trained on record. Work permit Exempt — Settled / no permit required Registration & availability On squad lists PL 25 Availability Available No injury or suspension on record. Contract & caps Contract 2026 → 2030 · £45,000/wk Transfer fee / amortisation £2.2m · £0.5m/yr over 4y Senior caps Not on record · age 23
	26	Matz SelsBEL	GK	34	—	PL	£50k	2028	£6m	—
Eligibility PL homegrown No Not homegrown: no qualifying FA/FAW registration before 21 on record. UEFA training origin Not locally trained Not locally trained on record. Work permit Exempt — Settled / no permit required Registration & availability On squad lists PL 25 Availability Available No injury or suspension on record. Contract & caps Contract 2024 → 2028 · £50,000/wk Transfer fee / amortisation £5.5m · £1.4m/yr over 4y Senior caps 13 · age 34
	27	Omar RichardsENG	DF	28	HG	PL	£49k	2027	£7m	—
Eligibility PL homegrown Yes Homegrown: 6.1 seasons at an FA/FAW club before 21. UEFA training origin Association-trained Association-trained: 3+ seasons at same-association clubs 15–21. Work permit Exempt — England-eligible Registration & availability On squad lists PL 25 Availability Available No injury or suspension on record. Contract & caps Contract 2022 → 2027 · £49,000/wk Transfer fee / amortisation £7.2m · £1.4m/yr over 5y Pre-2023 deal — original amortisation kept (§6). Senior caps Not on record · age 28
	29	Dilane BakwaFRA	FW	23	—	PL	£45k	2030	£24m	—
Eligibility PL homegrown No Not homegrown: no qualifying FA/FAW registration before 21 on record. UEFA training origin Not locally trained Not locally trained on record. Work permit Exempt — Settled / no permit required Registration & availability On squad lists PL 25 Availability Available No injury or suspension on record. Contract & caps Contract 2025 → 2030 · £45,000/wk Transfer fee / amortisation £23.8m · £4.8m/yr over 5y Senior caps Not on record · age 23
	31	Nikola MilenkovićSRB	DF	28	—	PL	£105k	2029	£12m	—
Eligibility PL homegrown No Not homegrown: no qualifying FA/FAW registration before 21 on record. UEFA training origin Not locally trained Not locally trained on record. Work permit Exempt — Settled / no permit required Registration & availability On squad lists PL 25 Availability Available No injury or suspension on record. Contract & caps Contract 2024 → 2029 · £105,000/wk Transfer fee / amortisation £12m · £2.4m/yr over 5y Senior caps 71 · age 28
	34	Ola AinaENG/NGA	DF	29	—	PL	£50k	2028	£0m	—
Eligibility PL homegrown No Not homegrown: no qualifying FA/FAW registration before 21 on record. UEFA training origin Not locally trained Not locally trained on record. Work permit Exempt — England-eligible Registration & availability On squad lists PL 25 Availability Available No injury or suspension on record. Contract & caps Contract 2023 → 2028 · £50,000/wk Transfer fee / amortisation £0m · £0.0m/yr over 5y Senior caps 48 · age 29
	37	Nicolò SavonaITA	DF	23	—	PL	£60k	2030	£11m	—
Eligibility PL homegrown No Not homegrown: no qualifying FA/FAW registration before 21 on record. UEFA training origin Not locally trained Not locally trained on record. Work permit Exempt — Settled / no permit required Registration & availability On squad lists PL 25 Availability Available No injury or suspension on record. Contract & caps Contract 2025 → 2030 · £60,000/wk Transfer fee / amortisation £11.3m · £2.3m/yr over 5y Senior caps Not on record · age 23
Visible totals23 players · 23 wages on record							£1.4m/wk		£329.7m

26
squad: 23
registered: 0
U21: 0
pending

Compliance

Senior registered: 1 unendorsed excluded22 / 25
Non-homegrown: 2 free15 / 17
Homegrown: caps squad at 247
Under-21: uncounted · unlimited3

A Home Grown Player is one registered with any FA/FAW-affiliated club for three seasons (or 36 months) before the end of the season he turns 21 — a registration-history test, not a nationality test. No amount of spending buys a homegrown slot; only time in the English/Welsh system does. With 7 homegrown the squad is capped at 24: the 17 non-homegrown places stay, but the homegrown shortfall costs total slots.

PL Handbook §2 — max 25 senior, of which ≤17 non-homegrown

List A is submitted per UEFA competition entered. This club holds no UEFA entry this season, so the 8/4/4 locally-trained quota, the goalkeeper minimums and the 25-man ceiling have nothing to attach to.

UEFA Regs §10 — squad lists are submitted per competition entered

Squad-cost ratio: £0m of £0m—
PL green: 85%
PL red: 115%
PSR (legacy): limit £105m · prior periods only£0m

From 2026/27 the Squad Cost Ratio is the binding domestic test — PSR is retired, kept only to close prior-period cases. On-pitch spend of £0m (wages, transfer amortisation and agent fees) against £0m of revenue plus player-sale profit is not a measurable ratio. With no squad cost there is nothing to cover.

PL Squad Cost Rules — squad cost is measured against revenue plus player-sale profit

Pending GBE: 0
Exceptions Panel: 10–14 pts1
Below pass mark: Route B passes at 150

Since Brexit every overseas player, EU nationals included, needs a Governing Body Endorsement from the FA before the Home Office issues a visa — auto-pass on competitive caps, or 15 points from league and continental minutes. A signing without one occupies interest but no squad slot until endorsed.

FA GBE §7 — every overseas player needs an endorsement before registration

Active bans: 0
Transfer embargo: None

A suspended player stays registered and keeps his place in the 25 — a ban stops him playing but does not de-register him, and lists are locked between windows. State-level sanctions can go further: the 2022 Abramovich licence froze Chelsea's transfers entirely for ~11 weeks, overriding every open slot until the club was sold.

§20–22 — sanctions, bans and embargoes

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