London City Lionesses' transfer drive raises financial compliance questions

London City Lionesses have signed Spain's Alexia Putellas and Mapi León, Mary Earps, and Kadidiatou Diani despite the club's £902,000 revenue in their most recent accounts.

• The WSL's salary cap rules limit a club's wage bill to 80% of revenue plus up to £4 million, with points deductions starting from 2026-27.
• London City's operating loss for 2024-25 was £10.6 million, over 10 times their total revenue of £902,000.
• The club said it is confident it is fully compliant and transparent with league regulations.
• Multiple WSL clubs told the Guardian that no sanctions will be enforced for the 2025-26 season, which was treated as a transition year.