Roma closed the summer 2026 transfer window with a net positive economic impact of €3.75 million on the club's accounts, according to analysis by Calcio e Finanza. Inbound transfers cost approximately €51.37 million against the club's accounts, while outgoings—including player sales, loan revenue and wage savings—generated a positive effect of €55.12 million, compensating for the investment.
The figures tell two separate stories. In pure transfer fee terms, Roma's summer activity resulted in a negative balance of €105.5 million, with the club spending around €115 million on player registrations while recouping only €9.5 million from major sales. However, the economic impact on the 2026–27 budget tells a different story because it accounts for amortisation, wages, capital gains, loan revenue and salary savings from departing players spread across multiple years. A significant portion of the summer activity had been set in motion during the previous season: Roma made the transfer of Donyell Malen from Aston Villa permanent after the Dutch forward's strong early performances in the giallorossi shirt, with the deal triggering conditions built into the agreement struck in January 2025.
New arrivals are estimated to generate amortisation costs of €22.25 million, with a further €1 million in loan costs and approximately €28.12 million in gross wages for new players—totalling €51.37 million in additional costs to the 2026–27 accounts. On the departures side, Roma's strategy centred on a substantial number of exits but relatively limited incoming fees: major sales produced €9.5 million, loan revenues added €6.5 million, and estimated capital gains reached €3.15 million. The largest single benefit came from amortisation savings, loan reductions and salary reductions on the 2025–26 squad, totalling €45.47 million. Combined, outgoing transfers delivered a €55.12 million positive effect on the accounts—sufficient to offset the costs of arrivals and yield the final positive balance.
Testo Originale / Source Text
“Quanto ha speso la Roma sul mercato estivo 2026? Alla chiusura della sessione dei trasferimenti, il club giallorosso ha fatto registrare un impatto positivo sul conto economico tra entrate e uscite pari a 3,75 milioni di euro. Secondo le stime di Calcio e Finanza, le operazioni in entrata hanno…”
Read the full article in Italian at Forza Roma.