davygravy
Fans' Favourite
Anyone on Twitter this morning will see lots of posts regarding The Price of Football reports about the massive financial losses Wolves incurred while coming up last season. There will be people cleverer than me that can go through things will a fine tooth comb and its not made the PoF website yet. Below is a basic cut and paste, there is lots more. Basic terms, from what I can see, if Wolves hadn't gone up, they could well have fallen foul of the FFP laws. So all their fans giving it large about our small overspend, certainly compared to theirs, I hope they pipe down now.
Basically....around a £64m loss.
One fan posted: 'speculate to accumulate' - which I agree with. Its the only way for any club to improve themselves. Yet they have given us pelters for doing just that when we came up.
[B]PriceOfFootball[/B] @KieranMaguire
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Wolves had trading losses of £1,211,000 a week in 2017/18 when being promoted from EFL Championship to Premier League #wwfc losses higher than any other in the division reported to date, which total £446 million.
Basically....around a £64m loss.
One fan posted: 'speculate to accumulate' - which I agree with. Its the only way for any club to improve themselves. Yet they have given us pelters for doing just that when we came up.
[B]PriceOfFootball[/B] @KieranMaguire
FollowFollow @KieranMaguire
More
Wolves had trading losses of £1,211,000 a week in 2017/18 when being promoted from EFL Championship to Premier League #wwfc losses higher than any other in the division reported to date, which total £446 million.
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