diff --git a/osu.Game.Rulesets.Catch/Skinning/Legacy/CatchLegacySkinTransformer.cs b/osu.Game.Rulesets.Catch/Skinning/Legacy/CatchLegacySkinTransformer.cs
index 69efb7fbca..11649da2f1 100644
--- a/osu.Game.Rulesets.Catch/Skinning/Legacy/CatchLegacySkinTransformer.cs
+++ b/osu.Game.Rulesets.Catch/Skinning/Legacy/CatchLegacySkinTransformer.cs
@@ -4,6 +4,7 @@
 using System.Linq;
 using osu.Framework.Bindables;
 using osu.Framework.Graphics;
+using osu.Game.Screens.Play.HUD;
 using osu.Game.Skinning;
 using osuTK;
 using osuTK.Graphics;
@@ -47,6 +48,7 @@ namespace osu.Game.Rulesets.Catch.Skinning.Legacy
                             return new DefaultSkinComponentsContainer(container =>
                             {
                                 var keyCounter = container.OfType<LegacyKeyCounterDisplay>().FirstOrDefault();
+                                var spectatorList = container.OfType<SpectatorList>().FirstOrDefault();
 
                                 if (keyCounter != null)
                                 {
@@ -55,11 +57,19 @@ namespace osu.Game.Rulesets.Catch.Skinning.Legacy
                                     keyCounter.Origin = Anchor.TopRight;
                                     keyCounter.Position = new Vector2(0, -40) * 1.6f;
                                 }
+
+                                if (spectatorList != null)
+                                {
+                                    spectatorList.Anchor = Anchor.BottomLeft;
+                                    spectatorList.Origin = Anchor.BottomLeft;
+                                    spectatorList.Position = new Vector2(10, -10);
+                                }
                             })
                             {
                                 Children = new Drawable[]
                                 {
                                     new LegacyKeyCounterDisplay(),
+                                    new SpectatorList(),
                                 }
                             };
                     }
diff --git a/osu.Game.Rulesets.Mania/Skinning/Argon/ManiaArgonSkinTransformer.cs b/osu.Game.Rulesets.Mania/Skinning/Argon/ManiaArgonSkinTransformer.cs
index c37c18081a..6f010ffe48 100644
--- a/osu.Game.Rulesets.Mania/Skinning/Argon/ManiaArgonSkinTransformer.cs
+++ b/osu.Game.Rulesets.Mania/Skinning/Argon/ManiaArgonSkinTransformer.cs
@@ -9,7 +9,9 @@ using osu.Framework.Testing;
 using osu.Game.Beatmaps;
 using osu.Game.Rulesets.Mania.Beatmaps;
 using osu.Game.Rulesets.Scoring;
+using osu.Game.Screens.Play.HUD;
 using osu.Game.Skinning;
+using osuTK;
 using osuTK.Graphics;
 
 namespace osu.Game.Rulesets.Mania.Skinning.Argon
@@ -39,6 +41,7 @@ namespace osu.Game.Rulesets.Mania.Skinning.Argon
                             return new DefaultSkinComponentsContainer(container =>
                             {
                                 var combo = container.ChildrenOfType<ArgonManiaComboCounter>().FirstOrDefault();
+                                var spectatorList = container.OfType<SpectatorList>().FirstOrDefault();
 
                                 if (combo != null)
                                 {
@@ -47,9 +50,17 @@ namespace osu.Game.Rulesets.Mania.Skinning.Argon
                                     combo.Origin = Anchor.Centre;
                                     combo.Y = 200;
                                 }
+
+                                if (spectatorList != null)
+                                    spectatorList.Position = new Vector2(36, -66);
                             })
                             {
                                 new ArgonManiaComboCounter(),
+                                new SpectatorList
+                                {
+                                    Anchor = Anchor.BottomLeft,
+                                    Origin = Anchor.BottomLeft,
+                                }
                             };
                     }
 
diff --git a/osu.Game.Rulesets.Mania/Skinning/Legacy/ManiaLegacySkinTransformer.cs b/osu.Game.Rulesets.Mania/Skinning/Legacy/ManiaLegacySkinTransformer.cs
index 8f425edc44..76af569b95 100644
--- a/osu.Game.Rulesets.Mania/Skinning/Legacy/ManiaLegacySkinTransformer.cs
+++ b/osu.Game.Rulesets.Mania/Skinning/Legacy/ManiaLegacySkinTransformer.cs
@@ -15,7 +15,9 @@ using osu.Game.Beatmaps;
 using osu.Game.Rulesets.Mania.Beatmaps;
 using osu.Game.Rulesets.Objects.Legacy;
 using osu.Game.Rulesets.Scoring;
+using osu.Game.Screens.Play.HUD;
 using osu.Game.Skinning;
+using osuTK;
 
 namespace osu.Game.Rulesets.Mania.Skinning.Legacy
 {
@@ -95,6 +97,7 @@ namespace osu.Game.Rulesets.Mania.Skinning.Legacy
                             return new DefaultSkinComponentsContainer(container =>
                             {
                                 var combo = container.ChildrenOfType<LegacyManiaComboCounter>().FirstOrDefault();
+                                var spectatorList = container.OfType<SpectatorList>().FirstOrDefault();
 
                                 if (combo != null)
                                 {
@@ -102,9 +105,17 @@ namespace osu.Game.Rulesets.Mania.Skinning.Legacy
                                     combo.Origin = Anchor.Centre;
                                     combo.Y = this.GetManiaSkinConfig<float>(LegacyManiaSkinConfigurationLookups.ComboPosition)?.Value ?? 0;
                                 }
+
+                                if (spectatorList != null)
+                                {
+                                    spectatorList.Anchor = Anchor.BottomLeft;
+                                    spectatorList.Origin = Anchor.BottomLeft;
+                                    spectatorList.Position = new Vector2(10, -10);
+                                }
                             })
                             {
                                 new LegacyManiaComboCounter(),
+                                new SpectatorList(),
                             };
                     }
 
diff --git a/osu.Game.Rulesets.Osu/Skinning/Legacy/OsuLegacySkinTransformer.cs b/osu.Game.Rulesets.Osu/Skinning/Legacy/OsuLegacySkinTransformer.cs
index 636a9ecb21..d39e05b262 100644
--- a/osu.Game.Rulesets.Osu/Skinning/Legacy/OsuLegacySkinTransformer.cs
+++ b/osu.Game.Rulesets.Osu/Skinning/Legacy/OsuLegacySkinTransformer.cs
@@ -6,6 +6,7 @@ using System.Linq;
 using osu.Framework.Bindables;
 using osu.Framework.Graphics;
 using osu.Game.Rulesets.Osu.Objects;
+using osu.Game.Screens.Play.HUD;
 using osu.Game.Skinning;
 using osuTK;
 
@@ -70,12 +71,24 @@ namespace osu.Game.Rulesets.Osu.Skinning.Legacy
                                 }
 
                                 var combo = container.OfType<LegacyDefaultComboCounter>().FirstOrDefault();
+                                var spectatorList = container.OfType<SpectatorList>().FirstOrDefault();
+
+                                Vector2 pos = new Vector2();
 
                                 if (combo != null)
                                 {
                                     combo.Anchor = Anchor.BottomLeft;
                                     combo.Origin = Anchor.BottomLeft;
                                     combo.Scale = new Vector2(1.28f);
+
+                                    pos += new Vector2(10, -(combo.DrawHeight * 1.56f + 20) * combo.Scale.X);
+                                }
+
+                                if (spectatorList != null)
+                                {
+                                    spectatorList.Anchor = Anchor.BottomLeft;
+                                    spectatorList.Origin = Anchor.BottomLeft;
+                                    spectatorList.Position = pos;
                                 }
                             })
                             {
@@ -83,6 +96,7 @@ namespace osu.Game.Rulesets.Osu.Skinning.Legacy
                                 {
                                     new LegacyDefaultComboCounter(),
                                     new LegacyKeyCounterDisplay(),
+                                    new SpectatorList(),
                                 }
                             };
                     }
diff --git a/osu.Game.Tests/Resources/Archives/modified-argon-20250116.osk b/osu.Game.Tests/Resources/Archives/modified-argon-20250116.osk
new file mode 100644
index 0000000000..23322e7373
Binary files /dev/null and b/osu.Game.Tests/Resources/Archives/modified-argon-20250116.osk differ
diff --git a/osu.Game.Tests/Skins/SkinDeserialisationTest.cs b/osu.Game.Tests/Skins/SkinDeserialisationTest.cs
index 962a9b2a7a..55836302e6 100644
--- a/osu.Game.Tests/Skins/SkinDeserialisationTest.cs
+++ b/osu.Game.Tests/Skins/SkinDeserialisationTest.cs
@@ -71,6 +71,8 @@ namespace osu.Game.Tests.Skins
             "Archives/modified-classic-20240724.osk",
             // Covers skinnable mod display
             "Archives/modified-default-20241207.osk",
+            // Covers skinnable spectator list
+            "Archives/modified-argon-20250116.osk",
         };
 
         /// <summary>
diff --git a/osu.Game.Tests/Visual/Gameplay/TestSceneSpectatorList.cs b/osu.Game.Tests/Visual/Gameplay/TestSceneSpectatorList.cs
index 9a54de1459..66a87c0715 100644
--- a/osu.Game.Tests/Visual/Gameplay/TestSceneSpectatorList.cs
+++ b/osu.Game.Tests/Visual/Gameplay/TestSceneSpectatorList.cs
@@ -6,48 +6,74 @@ using NUnit.Framework;
 using osu.Framework.Bindables;
 using osu.Framework.Graphics;
 using osu.Framework.Utils;
+using osu.Game.Beatmaps;
 using osu.Game.Graphics;
+using osu.Game.Online.Spectator;
+using osu.Game.Rulesets.Osu;
+using osu.Game.Rulesets.Osu.Scoring;
 using osu.Game.Screens.Play;
 using osu.Game.Screens.Play.HUD;
+using osu.Game.Tests.Visual.Spectator;
 
 namespace osu.Game.Tests.Visual.Gameplay
 {
     [TestFixture]
     public partial class TestSceneSpectatorList : OsuTestScene
     {
-        private readonly BindableList<SpectatorList.Spectator> spectators = new BindableList<SpectatorList.Spectator>();
-        private readonly Bindable<LocalUserPlayingState> localUserPlayingState = new Bindable<LocalUserPlayingState>();
-
         private int counter;
 
         [Test]
         public void TestBasics()
         {
             SpectatorList list = null!;
-            AddStep("create spectator list", () => Child = list = new SpectatorList
+            Bindable<LocalUserPlayingState> playingState = new Bindable<LocalUserPlayingState>();
+            GameplayState gameplayState = new GameplayState(new Beatmap(), new OsuRuleset(), healthProcessor: new OsuHealthProcessor(0), localUserPlayingState: playingState);
+            TestSpectatorClient client = new TestSpectatorClient();
+
+            AddStep("create spectator list", () =>
             {
-                Anchor = Anchor.Centre,
-                Origin = Anchor.Centre,
-                Spectators = { BindTarget = spectators },
-                UserPlayingState = { BindTarget = localUserPlayingState }
+                Children = new Drawable[]
+                {
+                    client,
+                    new DependencyProvidingContainer
+                    {
+                        RelativeSizeAxes = Axes.Both,
+                        CachedDependencies =
+                        [
+                            (typeof(GameplayState), gameplayState),
+                            (typeof(SpectatorClient), client)
+                        ],
+                        Child = list = new SpectatorList
+                        {
+                            Anchor = Anchor.Centre,
+                            Origin = Anchor.Centre,
+                        }
+                    }
+                };
             });
 
-            AddStep("start playing", () => localUserPlayingState.Value = LocalUserPlayingState.Playing);
+            AddStep("start playing", () => playingState.Value = LocalUserPlayingState.Playing);
 
             AddRepeatStep("add a user", () =>
             {
                 int id = Interlocked.Increment(ref counter);
-                spectators.Add(new SpectatorList.Spectator(id, $"User {id}"));
+                ((ISpectatorClient)client).UserStartedWatching([
+                    new SpectatorUser
+                    {
+                        OnlineID = id,
+                        Username = $"User {id}"
+                    }
+                ]);
             }, 10);
 
-            AddRepeatStep("remove random user", () => spectators.RemoveAt(RNG.Next(0, spectators.Count)), 5);
+            AddRepeatStep("remove random user", () => ((ISpectatorClient)client).UserEndedWatching(client.WatchingUsers[RNG.Next(client.WatchingUsers.Count)].OnlineID), 5);
 
             AddStep("change font to venera", () => list.Font.Value = Typeface.Venera);
             AddStep("change font to torus", () => list.Font.Value = Typeface.Torus);
             AddStep("change header colour", () => list.HeaderColour.Value = new Colour4(RNG.NextSingle(), RNG.NextSingle(), RNG.NextSingle(), 1));
 
-            AddStep("enter break", () => localUserPlayingState.Value = LocalUserPlayingState.Break);
-            AddStep("stop playing", () => localUserPlayingState.Value = LocalUserPlayingState.NotPlaying);
+            AddStep("enter break", () => playingState.Value = LocalUserPlayingState.Break);
+            AddStep("stop playing", () => playingState.Value = LocalUserPlayingState.NotPlaying);
         }
     }
 }
diff --git a/osu.Game/Online/Spectator/ISpectatorClient.cs b/osu.Game/Online/Spectator/ISpectatorClient.cs
index 2dc2283c23..2b73037cb8 100644
--- a/osu.Game/Online/Spectator/ISpectatorClient.cs
+++ b/osu.Game/Online/Spectator/ISpectatorClient.cs
@@ -37,5 +37,17 @@ namespace osu.Game.Online.Spectator
         /// <param name="userId">The ID of the user who achieved the score.</param>
         /// <param name="scoreId">The ID of the score.</param>
         Task UserScoreProcessed(int userId, long scoreId);
+
+        /// <summary>
+        /// Signals that another user has <see cref="ISpectatorServer.StartWatchingUser">started watching this client</see>.
+        /// </summary>
+        /// <param name="user">The information about the user who started watching.</param>
+        Task UserStartedWatching(SpectatorUser[] user);
+
+        /// <summary>
+        /// Signals that another user has <see cref="ISpectatorServer.EndWatchingUser">ended watching this client</see>
+        /// </summary>
+        /// <param name="userId">The ID of the user who ended watching.</param>
+        Task UserEndedWatching(int userId);
     }
 }
diff --git a/osu.Game/Online/Spectator/OnlineSpectatorClient.cs b/osu.Game/Online/Spectator/OnlineSpectatorClient.cs
index 036cfa1d76..645d7054dc 100644
--- a/osu.Game/Online/Spectator/OnlineSpectatorClient.cs
+++ b/osu.Game/Online/Spectator/OnlineSpectatorClient.cs
@@ -42,6 +42,8 @@ namespace osu.Game.Online.Spectator
                     connection.On<int, FrameDataBundle>(nameof(ISpectatorClient.UserSentFrames), ((ISpectatorClient)this).UserSentFrames);
                     connection.On<int, SpectatorState>(nameof(ISpectatorClient.UserFinishedPlaying), ((ISpectatorClient)this).UserFinishedPlaying);
                     connection.On<int, long>(nameof(ISpectatorClient.UserScoreProcessed), ((ISpectatorClient)this).UserScoreProcessed);
+                    connection.On<SpectatorUser[]>(nameof(ISpectatorClient.UserStartedWatching), ((ISpectatorClient)this).UserStartedWatching);
+                    connection.On<int>(nameof(ISpectatorClient.UserEndedWatching), ((ISpectatorClient)this).UserEndedWatching);
                     connection.On(nameof(IStatefulUserHubClient.DisconnectRequested), ((IStatefulUserHubClient)this).DisconnectRequested);
                 };
 
diff --git a/osu.Game/Online/Spectator/SpectatorClient.cs b/osu.Game/Online/Spectator/SpectatorClient.cs
index fb7a3d13ca..91f009b76f 100644
--- a/osu.Game/Online/Spectator/SpectatorClient.cs
+++ b/osu.Game/Online/Spectator/SpectatorClient.cs
@@ -6,6 +6,7 @@ using System.Collections.Generic;
 using System.Diagnostics;
 using System.Linq;
 using System.Threading.Tasks;
+using JetBrains.Annotations;
 using osu.Framework.Allocation;
 using osu.Framework.Bindables;
 using osu.Framework.Development;
@@ -36,10 +37,16 @@ namespace osu.Game.Online.Spectator
         public abstract IBindable<bool> IsConnected { get; }
 
         /// <summary>
-        /// The states of all users currently being watched.
+        /// The states of all users currently being watched by the local user.
         /// </summary>
+        [UsedImplicitly] // Marked virtual due to mock use in testing
         public virtual IBindableDictionary<int, SpectatorState> WatchedUserStates => watchedUserStates;
 
+        /// <summary>
+        /// All users who are currently watching the local user.
+        /// </summary>
+        public IBindableList<SpectatorUser> WatchingUsers => watchingUsers;
+
         /// <summary>
         /// A global list of all players currently playing.
         /// </summary>
@@ -53,6 +60,7 @@ namespace osu.Game.Online.Spectator
         /// <summary>
         /// Called whenever new frames arrive from the server.
         /// </summary>
+        [UsedImplicitly] // Marked virtual due to mock use in testing
         public virtual event Action<int, FrameDataBundle>? OnNewFrames;
 
         /// <summary>
@@ -82,6 +90,7 @@ namespace osu.Game.Online.Spectator
 
         private readonly BindableDictionary<int, SpectatorState> watchedUserStates = new BindableDictionary<int, SpectatorState>();
 
+        private readonly BindableList<SpectatorUser> watchingUsers = new BindableList<SpectatorUser>();
         private readonly BindableList<int> playingUsers = new BindableList<int>();
         private readonly SpectatorState currentState = new SpectatorState();
 
@@ -127,6 +136,7 @@ namespace osu.Game.Online.Spectator
                 {
                     playingUsers.Clear();
                     watchedUserStates.Clear();
+                    watchingUsers.Clear();
                 }
             }), true);
         }
@@ -179,6 +189,30 @@ namespace osu.Game.Online.Spectator
             return Task.CompletedTask;
         }
 
+        Task ISpectatorClient.UserStartedWatching(SpectatorUser[] users)
+        {
+            Schedule(() =>
+            {
+                foreach (var user in users)
+                {
+                    if (!watchingUsers.Contains(user))
+                        watchingUsers.Add(user);
+                }
+            });
+
+            return Task.CompletedTask;
+        }
+
+        Task ISpectatorClient.UserEndedWatching(int userId)
+        {
+            Schedule(() =>
+            {
+                watchingUsers.RemoveAll(u => u.OnlineID == userId);
+            });
+
+            return Task.CompletedTask;
+        }
+
         Task IStatefulUserHubClient.DisconnectRequested()
         {
             Schedule(() => DisconnectInternal());
diff --git a/osu.Game/Online/Spectator/SpectatorUser.cs b/osu.Game/Online/Spectator/SpectatorUser.cs
new file mode 100644
index 0000000000..9c9563be70
--- /dev/null
+++ b/osu.Game/Online/Spectator/SpectatorUser.cs
@@ -0,0 +1,39 @@
+// Copyright (c) ppy Pty Ltd <contact@ppy.sh>. Licensed under the MIT Licence.
+// See the LICENCE file in the repository root for full licence text.
+
+using System;
+using MessagePack;
+using osu.Game.Users;
+
+namespace osu.Game.Online.Spectator
+{
+    [Serializable]
+    [MessagePackObject]
+    public class SpectatorUser : IUser, IEquatable<SpectatorUser>
+    {
+        [Key(0)]
+        public int OnlineID { get; set; }
+
+        [Key(1)]
+        public string Username { get; set; } = string.Empty;
+
+        [IgnoreMember]
+        public CountryCode CountryCode => CountryCode.Unknown;
+
+        [IgnoreMember]
+        public bool IsBot => false;
+
+        public bool Equals(SpectatorUser? other)
+        {
+            if (other is null) return false;
+            if (ReferenceEquals(this, other)) return true;
+
+            return OnlineID == other.OnlineID;
+        }
+
+        public override bool Equals(object? obj) => Equals(obj as SpectatorUser);
+
+        // ReSharper disable once NonReadonlyMemberInGetHashCode
+        public override int GetHashCode() => OnlineID;
+    }
+}
diff --git a/osu.Game/Screens/Play/GameplayState.cs b/osu.Game/Screens/Play/GameplayState.cs
index 478acd7229..851e95495f 100644
--- a/osu.Game/Screens/Play/GameplayState.cs
+++ b/osu.Game/Screens/Play/GameplayState.cs
@@ -69,6 +69,11 @@ namespace osu.Game.Screens.Play
 
         private readonly Bindable<JudgementResult> lastJudgementResult = new Bindable<JudgementResult>();
 
+        /// <summary>
+        /// The local user's playing state (whether actively playing, paused, or not playing due to watching a replay or similar).
+        /// </summary>
+        public IBindable<LocalUserPlayingState> PlayingState { get; } = new Bindable<LocalUserPlayingState>();
+
         public GameplayState(
             IBeatmap beatmap,
             Ruleset ruleset,
@@ -76,7 +81,8 @@ namespace osu.Game.Screens.Play
             Score? score = null,
             ScoreProcessor? scoreProcessor = null,
             HealthProcessor? healthProcessor = null,
-            Storyboard? storyboard = null)
+            Storyboard? storyboard = null,
+            IBindable<LocalUserPlayingState>? localUserPlayingState = null)
         {
             Beatmap = beatmap;
             Ruleset = ruleset;
@@ -92,6 +98,9 @@ namespace osu.Game.Screens.Play
             ScoreProcessor = scoreProcessor ?? ruleset.CreateScoreProcessor();
             HealthProcessor = healthProcessor ?? ruleset.CreateHealthProcessor(beatmap.HitObjects[0].StartTime);
             Storyboard = storyboard ?? new Storyboard();
+
+            if (localUserPlayingState != null)
+                PlayingState.BindTo(localUserPlayingState);
         }
 
         /// <summary>
diff --git a/osu.Game/Screens/Play/HUD/SpectatorList.cs b/osu.Game/Screens/Play/HUD/SpectatorList.cs
index 438aa61d9d..c784fc298a 100644
--- a/osu.Game/Screens/Play/HUD/SpectatorList.cs
+++ b/osu.Game/Screens/Play/HUD/SpectatorList.cs
@@ -15,18 +15,20 @@ using osu.Game.Configuration;
 using osu.Game.Graphics;
 using osu.Game.Graphics.Sprites;
 using osu.Game.Online.Chat;
-using osu.Game.Users;
 using osu.Game.Localisation.HUD;
 using osu.Game.Localisation.SkinComponents;
+using osu.Game.Online.Spectator;
+using osu.Game.Skinning;
+using osuTK;
 using osuTK.Graphics;
 
 namespace osu.Game.Screens.Play.HUD
 {
-    public partial class SpectatorList : CompositeDrawable
+    public partial class SpectatorList : CompositeDrawable, ISerialisableDrawable
     {
         private const int max_spectators_displayed = 10;
 
-        public BindableList<Spectator> Spectators { get; } = new BindableList<Spectator>();
+        public BindableList<SpectatorUser> Spectators { get; } = new BindableList<SpectatorUser>();
         public Bindable<LocalUserPlayingState> UserPlayingState { get; } = new Bindable<LocalUserPlayingState>();
 
         [SettingSource(typeof(SkinnableComponentStrings), nameof(SkinnableComponentStrings.Font), nameof(SkinnableComponentStrings.FontDescription))]
@@ -41,13 +43,20 @@ namespace osu.Game.Screens.Play.HUD
         private FillFlowContainer<SpectatorListEntry> spectatorsFlow = null!;
         private DrawablePool<SpectatorListEntry> pool = null!;
 
+        [Resolved]
+        private SpectatorClient client { get; set; } = null!;
+
+        [Resolved]
+        private GameplayState gameplayState { get; set; } = null!;
+
         [BackgroundDependencyLoader]
         private void load(OsuColour colours)
         {
             AutoSizeAxes = Axes.Y;
 
-            InternalChildren = new Drawable[]
+            InternalChildren = new[]
             {
+                Empty().With(t => t.Size = new Vector2(100, 50)),
                 mainFlow = new FillFlowContainer
                 {
                     AutoSizeAxes = Axes.Both,
@@ -76,6 +85,9 @@ namespace osu.Game.Screens.Play.HUD
         {
             base.LoadComplete();
 
+            ((IBindableList<SpectatorUser>)Spectators).BindTo(client.WatchingUsers);
+            ((IBindable<LocalUserPlayingState>)UserPlayingState).BindTo(gameplayState.PlayingState);
+
             Spectators.BindCollectionChanged(onSpectatorsChanged, true);
             UserPlayingState.BindValueChanged(_ => updateVisibility());
 
@@ -94,7 +106,7 @@ namespace osu.Game.Screens.Play.HUD
                 {
                     for (int i = 0; i < e.NewItems!.Count; i++)
                     {
-                        var spectator = (Spectator)e.NewItems![i]!;
+                        var spectator = (SpectatorUser)e.NewItems![i]!;
                         int index = Math.Max(e.NewStartingIndex, 0) + i;
 
                         if (index >= max_spectators_displayed)
@@ -143,7 +155,7 @@ namespace osu.Game.Screens.Play.HUD
             }
         }
 
-        private void addNewSpectatorToList(int i, Spectator spectator)
+        private void addNewSpectatorToList(int i, SpectatorUser spectator)
         {
             var entry = pool.Get(entry =>
             {
@@ -156,6 +168,7 @@ namespace osu.Game.Screens.Play.HUD
 
         private void updateVisibility()
         {
+            // We don't want to show spectators when we are watching a replay.
             mainFlow.FadeTo(Spectators.Count > 0 && UserPlayingState.Value != LocalUserPlayingState.NotPlaying ? 1 : 0, 250, Easing.OutQuint);
         }
 
@@ -169,7 +182,7 @@ namespace osu.Game.Screens.Play.HUD
 
         private partial class SpectatorListEntry : PoolableDrawable
         {
-            public Bindable<Spectator> Current { get; } = new Bindable<Spectator>();
+            public Bindable<SpectatorUser> Current { get; } = new Bindable<SpectatorUser>();
 
             private readonly BindableWithCurrent<LocalUserPlayingState> current = new BindableWithCurrent<LocalUserPlayingState>();
 
@@ -233,10 +246,6 @@ namespace osu.Game.Screens.Play.HUD
             }
         }
 
-        public record Spectator(int OnlineID, string Username) : IUser
-        {
-            public CountryCode CountryCode => CountryCode.Unknown;
-            public bool IsBot => false;
-        }
+        public bool UsesFixedAnchor { get; set; }
     }
 }
diff --git a/osu.Game/Screens/Play/Player.cs b/osu.Game/Screens/Play/Player.cs
index 513f4854ad..efa55d65c2 100644
--- a/osu.Game/Screens/Play/Player.cs
+++ b/osu.Game/Screens/Play/Player.cs
@@ -261,7 +261,7 @@ namespace osu.Game.Screens.Play
             Score.ScoreInfo.Ruleset = ruleset.RulesetInfo;
             Score.ScoreInfo.Mods = gameplayMods;
 
-            dependencies.CacheAs(GameplayState = new GameplayState(playableBeatmap, ruleset, gameplayMods, Score, ScoreProcessor, HealthProcessor, Beatmap.Value.Storyboard));
+            dependencies.CacheAs(GameplayState = new GameplayState(playableBeatmap, ruleset, gameplayMods, Score, ScoreProcessor, HealthProcessor, Beatmap.Value.Storyboard, PlayingState));
 
             var rulesetSkinProvider = new RulesetSkinProvidingContainer(ruleset, playableBeatmap, Beatmap.Value.Skin);
             GameplayClockContainer.Add(new GameplayScrollWheelHandling());
diff --git a/osu.Game/Skinning/ArgonSkin.cs b/osu.Game/Skinning/ArgonSkin.cs
index 771d10d73b..bd31ccd5c9 100644
--- a/osu.Game/Skinning/ArgonSkin.cs
+++ b/osu.Game/Skinning/ArgonSkin.cs
@@ -7,7 +7,6 @@ using JetBrains.Annotations;
 using osu.Framework.Audio.Sample;
 using osu.Framework.Bindables;
 using osu.Framework.Graphics;
-using osu.Framework.Graphics.Containers;
 using osu.Framework.Graphics.Textures;
 using osu.Game.Audio;
 using osu.Game.Beatmaps.Formats;
@@ -110,15 +109,37 @@ namespace osu.Game.Skinning
                         case GlobalSkinnableContainers.MainHUDComponents:
                             if (containerLookup.Ruleset != null)
                             {
-                                return new Container
+                                return new DefaultSkinComponentsContainer(container =>
+                                {
+                                    var comboCounter = container.OfType<ArgonComboCounter>().FirstOrDefault();
+                                    var spectatorList = container.OfType<SpectatorList>().FirstOrDefault();
+
+                                    Vector2 pos = new Vector2(36, -66);
+
+                                    if (comboCounter != null)
+                                    {
+                                        comboCounter.Position = pos;
+                                        pos -= new Vector2(0, comboCounter.DrawHeight * 1.4f + 20);
+                                    }
+
+                                    if (spectatorList != null)
+                                        spectatorList.Position = pos;
+                                })
                                 {
                                     RelativeSizeAxes = Axes.Both,
-                                    Child = new ArgonComboCounter
+                                    Children = new Drawable[]
                                     {
-                                        Anchor = Anchor.BottomLeft,
-                                        Origin = Anchor.BottomLeft,
-                                        Position = new Vector2(36, -66),
-                                        Scale = new Vector2(1.3f),
+                                        new ArgonComboCounter
+                                        {
+                                            Anchor = Anchor.BottomLeft,
+                                            Origin = Anchor.BottomLeft,
+                                            Scale = new Vector2(1.3f),
+                                        },
+                                        new SpectatorList
+                                        {
+                                            Anchor = Anchor.BottomLeft,
+                                            Origin = Anchor.BottomLeft,
+                                        }
                                     },
                                 };
                             }
diff --git a/osu.Game/Skinning/LegacySkin.cs b/osu.Game/Skinning/LegacySkin.cs
index 6faadfba9b..08fa068830 100644
--- a/osu.Game/Skinning/LegacySkin.cs
+++ b/osu.Game/Skinning/LegacySkin.cs
@@ -367,16 +367,29 @@ namespace osu.Game.Skinning
                                 return new DefaultSkinComponentsContainer(container =>
                                 {
                                     var combo = container.OfType<LegacyDefaultComboCounter>().FirstOrDefault();
+                                    var spectatorList = container.OfType<SpectatorList>().FirstOrDefault();
+
+                                    Vector2 pos = new Vector2();
 
                                     if (combo != null)
                                     {
                                         combo.Anchor = Anchor.BottomLeft;
                                         combo.Origin = Anchor.BottomLeft;
                                         combo.Scale = new Vector2(1.28f);
+
+                                        pos += new Vector2(10, -(combo.DrawHeight * 1.56f + 20) * combo.Scale.X);
+                                    }
+
+                                    if (spectatorList != null)
+                                    {
+                                        spectatorList.Anchor = Anchor.BottomLeft;
+                                        spectatorList.Origin = Anchor.BottomLeft;
+                                        spectatorList.Position = pos;
                                     }
                                 })
                                 {
-                                    new LegacyDefaultComboCounter()
+                                    new LegacyDefaultComboCounter(),
+                                    new SpectatorList(),
                                 };
                             }
 
diff --git a/osu.Game/Skinning/TrianglesSkin.cs b/osu.Game/Skinning/TrianglesSkin.cs
index d562fd3256..06fe1c80ee 100644
--- a/osu.Game/Skinning/TrianglesSkin.cs
+++ b/osu.Game/Skinning/TrianglesSkin.cs
@@ -11,6 +11,7 @@ using osu.Framework.Graphics.Textures;
 using osu.Game.Audio;
 using osu.Game.Beatmaps.Formats;
 using osu.Game.Extensions;
+using osu.Game.Graphics;
 using osu.Game.IO;
 using osu.Game.Screens.Play.HUD;
 using osu.Game.Screens.Play.HUD.HitErrorMeters;
@@ -90,6 +91,7 @@ namespace osu.Game.Skinning
                                 var ppCounter = container.OfType<PerformancePointsCounter>().FirstOrDefault();
                                 var songProgress = container.OfType<DefaultSongProgress>().FirstOrDefault();
                                 var keyCounter = container.OfType<DefaultKeyCounterDisplay>().FirstOrDefault();
+                                var spectatorList = container.OfType<SpectatorList>().FirstOrDefault();
 
                                 if (score != null)
                                 {
@@ -142,17 +144,26 @@ namespace osu.Game.Skinning
                                     }
                                 }
 
+                                const float padding = 10;
+
+                                // Hard to find this at runtime, so taken from the most expanded state during replay.
+                                const float song_progress_offset_height = 73;
+
                                 if (songProgress != null && keyCounter != null)
                                 {
-                                    const float padding = 10;
-
-                                    // Hard to find this at runtime, so taken from the most expanded state during replay.
-                                    const float song_progress_offset_height = 73;
-
                                     keyCounter.Anchor = Anchor.BottomRight;
                                     keyCounter.Origin = Anchor.BottomRight;
                                     keyCounter.Position = new Vector2(-padding, -(song_progress_offset_height + padding));
                                 }
+
+                                if (spectatorList != null)
+                                {
+                                    spectatorList.Font.Value = Typeface.Venera;
+                                    spectatorList.HeaderColour.Value = new OsuColour().BlueLighter;
+                                    spectatorList.Anchor = Anchor.BottomLeft;
+                                    spectatorList.Origin = Anchor.BottomLeft;
+                                    spectatorList.Position = new Vector2(padding, -(song_progress_offset_height + padding));
+                                }
                             })
                             {
                                 Children = new Drawable[]
@@ -165,7 +176,8 @@ namespace osu.Game.Skinning
                                     new DefaultKeyCounterDisplay(),
                                     new BarHitErrorMeter(),
                                     new BarHitErrorMeter(),
-                                    new TrianglesPerformancePointsCounter()
+                                    new TrianglesPerformancePointsCounter(),
+                                    new SpectatorList(),
                                 }
                             };