Wolves financial figures revealed losses of £67m, club likely to avoid financial rule breach

A net loss of just over £67 million has been reported by Wolves.

The club are likely to avoid financial rule breach with rules stating that clubs are only allowed to lose 105-million over three years.

Allowable expenses would see them go below that limit.

Everton have had a points penalty and could face another, as could Nottingham Forest.

A statement from the club stated that transfer dealings.

"Player trading in the year generated profit of £43.9m (£50.1m loss in 2022) through disposal of players’ registrations, driven by the sales of Morgan Gibbs-White, Willy Boly, Leander Dendoncker, Ruben Vinagre, Connor Ronan, Leo Campana, Sangbin Jeong and crystalising contingent fees for Diogo Jota, Rafa Mir and Rui Patricio.

However, this was outweighed by higher amortisation and impairment charges on player registrations, totalling £82.4m, driven by further investments in the first team and Academy, including the acquisitions of Nathan Collins, Hwang Hee-Chan, Matheus Nunes, Goncalo Guedes, Sasa Kalajdzic, Diego Costa, Matheus Cunha, Mario Lemina, Craig Dawson, Pablo Sarabia, Dan Bentley and Joao Gomes. This results in a net player trading loss of £38.6m."

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