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dynamo moscow

Source: Manual research
Income
Expenditures
TRANSFER FLOW (€M)
СезонIncomeExpenditureBalanceМаркер
16/17€4.20m0€+4.20m
17/180€5.34m€-5.34mworld cup prep. fair-play restric.
18/19€1.70m€0.50m€+1.20m
19/20€1.10m€43.00m€-41.90mCOVID
20/21€2.65m€15.97m€-13.32mCOVID
21/22€8.08m€13.62m€-5.54mПочаток повномасштабного (24.02.2022)
22/23€5.06m€11.40m€-6.34m
23/24€29.30m€20.40m€+8.90m
24/25€0.40m€18.10m€-17.70m
25/26€12.51m€26.70m€-14.19mСьогодення

Context

Governance

The club is controlled by VTB Group (a state bank).

What is happening now

State-bank support usually provides a more stable “umbrella”, but the budget and capabilities depend more on group policy, the regulator, and macro conditions (rates, liquidity, limits on international operations).

Why 2026 may be difficult

Under tighter financial conditions (higher rates, more expensive money, stronger regulatory pressure) the bank is more likely to optimize non-core spending. For the club this typically means more cautious transfers, more targeted reinforcements, and fewer big “checks”.

Sources