Forest have confirmed a spend of over £200m on transfers and sacking managers since the end of June
15:15, 26 Mar 2026
This article contains affiliate links, we will receive a commission on any sales we generate from it. Learn more
Nottingham Forest owner Evangelos Marinakis
View Image
Nottingham Forest owner Evangelos Marinakis (Image: PA)
Nottingham Forest have revealed a spend of over £200m on transfers and sacking managers since the end of June.
The Reds’ accounts for the year ended June 30, 2025, have been published on Companies House.
The club referenced the departures of both Nuno Espirito Santo and Ange Postecoglou as well as player transfers since that date in the ‘post-reporting day events’ section of a 44-page document.
Nuno, Postecoglou and Sean Dyche were all sacked as head coach of Forest during an extraordinary season, with Vitor Pereira currently in charge at the City Ground.
JOIN US ON FACEBOOK!Get all the Nottingham Forest latest via our Facebook page
Owner Evangelos Marinakis also notably splashed the cash during the last summer transfer window, with the headline arrivals being Omari Hutchinson for £37.5m and a deal with Manchester City for James McAtee costing close to £30m.
Anthony Elanga was also a high-profile departure to Newcastle United last summer.
“The income of these transfers, taking into account the applicable levies and sell on clauses, is £52.5m (2024: £0.6m),” said Forest in their published accounts.
“The net cost of these transfers and staff changes, taking into account the applicable levies, is £208.5m (2024: £48.5m).
“These transfers will be accounted for in the year ending 30 June 2026.”
England's 2026 World Cup kits
Content Image
Various Prices
England Official Store
Buy Now on England Official Store
England and Nike have launched the new home, away and goalkeeper kits to be worn at this summer's FIFA World Cup.
Every day, the NottinghamshireLive football desk strive to deliver all manner of news, features and transfer-related stories as a part of our overall package of Nottingham Forest content.
Our dedicated reporter Sarah Clapson - who you can follow on X - follows Forest home and away and offers you comprehensive coverage from matchdays, press conferences and everything that happens in between.
So much happens day to day and sometimes you can struggle to keep on top of the very latest updates as and when they occur - that's why we have produced a daily newsletter which you can sign up to, for free, and which means you'll have a round-up of the key stories land in your email inbox. Sign up to the Forest newsletter.
Article continues below
You can also get all your favourite content from NottinghamshireLive's Forest team on WhatsApp.
If you prefer reading our Reds stories on your phone, consider downloading the NottinghamshireLive app, in which you can personalise the content you see by selecting Nottingham Forest as one of your designated topics. You can get it from Apple and for Android.