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Wolves' £15.3m Loss Despite Record Player Sales
31 Mar
Summary
- Wolves recorded a £15.3m loss despite £117m in player-trading profits.
- Club finances show a record £121m operating loss, driven by lower income.
- Revenue fell significantly due to on-pitch performance impacting broadcast income.
Wolverhampton Wanderers has announced a financial loss of £15.3 million for their 2024-25 Premier League season. This figure emerged despite the club achieving a club-record £117 million in profits from player trading. The extended accounting period allowed for the booking of several player sales into this financial year.
The club's underlying operating loss significantly increased, reaching a record £121 million deficit. This deficit was exacerbated by declining revenues and rising player costs. Broadcasting income saw a notable reduction of £8.4 million due to the team's lower league position and fewer live match selections.
Matchday revenues remained stable, but a projected drop in season ticket income is anticipated due to potential relegation. Commercial income also saw adjustments due to a shift in retail models. Despite these challenges, owner Fosun has continued to provide financial support, writing off loans and investing equity, demonstrating ongoing commitment to the club's future.
