General Wolves News

[Lupo]

Made an expected 14.3m loss for 2023-24 but still adhered with PSR rules

 

[Tony Towner]

The full accounts are at the bottom of this link for any accountants out there. How we can lose the majority of our highest earners yet still have an increased wage bill I don't know.

Shi got paid £564k

Headline financial information for 2023/24

Wolves have released headline financial information for the year ending 31st May 2024, confirming a net loss of £14.3m.

www.wolves.co.uk

 

[Sniffer]

The cost to get rid of Lopetegui would have been high. Doesn’t really answer your question though Tony as we are almost paying as much in wages for a far less competitive squad.

 

[Derby Wolf]

Made an expected 14.3m loss for 2023-24 but still adhered with PSR rules

Till July anyway.

 

[PuntsWolf]

Isn’t that £20m under the £35m of owner financing limit or has that rule changed now?

 

[big mean bunny]

What does this mean?

"contingent fees were crystallised for players including Diogo Jota, Morgan Gibbs-White, Willy Boly and Patrick Cutrone."

 

[Mel Evo]

What does this mean?

"contingent fees were crystallised for players including Diogo Jota, Morgan Gibbs-White, Willy Boly and Patrick Cutrone."

Presumably that revenue based on trigger points in their sale contracts is included in the accounts?

 

[The Bear]

Doesn't it just mean addons and how their sales were structured?

 

[Del Woppio]

That's a couple of sentences that can really get to fuck. Look at difference in quality in the players we got rid of compared to the ones that came in. That's embarrassing

 

[pagey]

Can't we retain Fabio and make him captain, we seem to do well cash wise selling our captains every summer?

 

[AndyWolves]

Doesn't it just mean addons and how their sales were structured?

That's my take, fees which were contingent on something happening, and that thing has now happened

 

[Mel Evo]

View attachment 13090
That's a couple of sentences that can really get to fuck. Look at difference in quality in the players we got rid off compared to the ones that came in. That's embarrassing

So true. That’s what really ‘crystallises’ things.