How Millwall FC's wage bill compares to the rest of the Championship | OneFootball

FLW takes a look at how much money Millwall FC spends on players' wages.

Millwall are an established Championship club, having entered their eighth consecutive season in the second tier, but they do not boast one of the higher wage bills in the division.

The Lions spent 12 of the previous 14 seasons in the Championship ahead of the 2024/25 campaign, with their two-season spell in League One culminating in a dramatic play-off final victory over Bradford City in 2017.

Since then, they have finished eighth in the second tier on three occasions and missed out on a top-six finish by just one point on the final day of the 2022/23 season, proving that they are a competitive side in the division and have the potential to mount a promotion push if things go their way at the right time during the next few years.

Millwall have only finished lower than 13th once since they won promotion back to the Championship in 2017, which could be seen as surprising when you take a look at their wage bill in comparison with the rest of the clubs in the league.

Let's take a look at how Millwall's wage bill compares to the rest of the Championship using data from Capology.com, which are estimates rather than confirmed figures.

Millwall's 2024/25 wage bill

Millwall have been relatively successful in the Championship if their weekly wage bill is anything to go by, considering that their current expenditure is more than three times less than Leeds United's.

The Lions have the seventh-lowest wage bill in the second tier, which suggests that they should be able to steer clear of relegation, but it would not be overly surprising if they were dragged into a battle to avoid the drop.

According to Capology.com, Millwall's squad earns a combined £231,769 per week, meaning that the club spends just over £12 million on players' wages annually.

In comparison, the highest wage bill in the league is paid by Leeds, with their squad collectively earning £708,000 per week.

The highest individual earners at The Den are Japhet Tanganga and Joe Bryan, who earn £35,000 and £32,500 per week respectively, while Cardiff City loanee Ryan Wintle is some way back in third place, with a weekly wage of £12,000.

Millwall have a few players out of contract at the end of the season

Millwall's wage bill could be temporarily reduced at the end of the season if they cannot tie down the players that are set to be out of contract in 2025.

Players such as Tom Bradshaw, Duncan Watmore, and Billy Mitchell are in the final year of their deals, as per Transfermarkt, so the club may be entering negotiations with a few members of their squad during the coming months.

It will be interesting to see how the Lions shape their squad during the next few years, as there is a possibility that they could kick on and push for a play-off place if they were able to invest slightly more in wages for their players.