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19 Feb 2025 09:41:18
Hi This is a direct quote from the Football Ground guide as written by Okello Steve. Tottenham Hotspur Stadium has had a massive financial impact on the club and the economy, especially in London. An increase in seating capacity by at least 26, 000 means Tottenham have since doubled revenue collection from match ticket sales alone.
Consulting firm EY reports that the Tottenham Hotspur stadium pumps at least £900 million into London's economy. It has also created thousands of jobs for locals, projected to hit about 3, 700 new employment opportunities by the 2026/27 season.
The new Tottenham Hotspur Stadium has also been hosting sold-out music concerts featuring popular artists such as Beyonce. With that, the stadium generates revenue for both the club and the city through various means. This impact also extends to the hospitality industry.
Recently, the local council approved a proposal by the club to build a 30-storey hotel near the stadium, which will further increase the club's financial benefits. End of quote.
I cannot think for one moment that Fosun - even with the help of the local council would do such a thing in Wolverhampton. Everton will be employing over 500 more stewards for next season. Old Trafford is possibly being increased to 100, 000. (I would assume that all the employees put together at one of these top clubs would me more than the attendance at some other clubs). I think the way big business is going with prices of tickets, merchandise from the shops, players and managers disgusting salaries etc - football is not the game for me anymore.
1.) 19 Feb 2025 12:39:23
Super league is just around the corner.
2.) 20 Feb 2025 07:55:45
I think we continue to move that way Blackfords.
If it leaves the Pyramid structure in place in this country, personally not bothered to see half a dozen or so "Big" teams leave.
3.) 20 Feb 2025 10:08:11
Same here RW2. It wouldn't bother me in the slightest. These teams have invested billions so in reality they should be at the top of the pile. Don't need bias from the referee's and VAR giving them even more assistance.
4.) 20 Feb 2025 15:36:27
ESL, the European Super League, the original six teams in the PL are not all in the top six now. Spurs and Man U are 12th and 15th respectively. Forest and Bournemouth are in their places currently. The thought of Spurs and Man U being in the ESL now is a joke! How would you work these things out if the league were to come into being? This is one of the big questions.
5.) 20 Feb 2025 19:22:15
Your right Deep Throat, but they'll simply buy their way up the league.
18 Feb 2025 15:37:25
Thank you for agreeing with me. I just wanted to say that the most I can hope for as a Wolves fan is not for my team to be relegated. We are not on a level playing pitch with some others who could hope for a trophy at Wembley or maybe win the Premier! Yes I Know . Leicester. Could somebody please explain what is wrong with Molineux other than having a low capacity? Wolves will always be magic in my head but it must be marvellous to have the ability to compete at the top of the league YEAR after YEAR.
1.) 18 Feb 2025 18:25:49
I think the Steve Bull is past it's sell by Cashinblack and needs rebuilding and tying in to the North Bank properly along with the South Bank. That in turn could be doubled in size, more like the old one incorporating the Graham Hughes bit into that while the Billy Wright is actually fine.
All could include additional corporate boxes (income) whilst making the atmosphere in the ground even better, imo, plus adding an additional 10K plus to it's capacity.
2.) 18 Feb 2025 18:54:42
I want to ask you all a question. What do Bournemouth, Brentford and Brighton have in common? Apart from being much higher in the PL than us and not battling relegation>? They all have smaller stadiums:
Bournemouth 11, 379
Brentford 17, 250
Brighton 31, 876
Wolves 32, 050.
3.) 18 Feb 2025 20:58:56
Deep that probably means they have a smaller potential fan bases than us but are better run clubs, hence their league positions.
4.) 18 Feb 2025 23:11:51
Bournemouth and Brentford will have to sell some players in the summer as they are both approx -£200m on transfers deals over the last 3 seasons. I don't know what the rest of their turnover is but both face PSR breaches after the next set of account unless they sell some of the assets.
5.) 19 Feb 2025 07:32:35
The other thing is they're realistic in recognising their fan base, I'm not saying we haven't the interest, but would we be filling a 50000 seater every game because the bigger the ground the bigger the on costs regardless, Tfig has alluded to our extraordinary wage bills before.
The Steve bull around from the N bank to S bank and onto the Turner if allowed would seem the obvious moves but as mentioned below how/who would fund this? Would we be happy going to the 'whatever' sponsors ground, because as an oldie Molineux means an awful lot in recognition to the club.
OK we've got to move with the times and things change I know, at the moment we're in a very critical position and survival this season is imperitif to our future. Its on field matters that must come good to give ant confidence in ground improvements and surety for its viability.
6.) 19 Feb 2025 09:57:45
They all begin with ‘B’ ?
7.) 19 Feb 2025 11:54:29
Wandering
Why do you think Bournemouth are in PSR difficulties?
If you look at their accounts - freely available online - in the 2 years 21 -22 and 22 -23 their losses were in total £11m.
Note Bournemouth has made virtually no profits from selling players during this time frame
However there is an exceptional income of £71m in 22-23 which may have to be excluded which converts the profit of £44m to a loss of £27m
Let's be v conservative and assume it does and equally assume there are no costs that can be excluded - we know there are of course but let's ignore that
Thus the loss for the 2 years is £82m
Given they passed the PSR test for 2023-24 the loss - yet to be published must be less than £23m to be under the 3 year £105m
So for this year we are looking at (at the very worst!) losses of £27m + £23m + the 2024-5 figures
Thus the loss must be in excess of £55m for them to have a problem
A huge reversal of the trend - especially unlikely given that the vast majority of their income, (due to their tiny stadium), comes from league payouts based largely on their position in the table - of increasing profitability over the past 3 years.
Note Bournemouth were 15th in 22-23, 12th in 23-24 and surely will end up far higher than that this season ( note they were in the championship in 21-22)
Of course player amorts will increase if they have spent heavily in the market but revenue growth is more than likely to have covered that and more as it would appear to have done in 23-24?
Brentford on the other hand were profitable in both 21-22 and 22 -23 with modest contributions from player sales.
It is therefore highly unlikely even with increased amorts that they have made massive losses in 23-24 and 24 -25? especially as they sold Ivan Toney for a large fee during that period?
8.) 19 Feb 2025 12:33:07
Comparisons with other clubs are irrelevant really as concerns must be focused on our situation at the moment. There are hopes but no guarantees of survival. Money wasted at club level, yes of course and a few changes have been made, hopefully for the better.
The ground upon closer inspection is starting to look a bit tired in places with the mis-matched relationship between the North Bank and the Steve Bull still unresolved. We've even got supporters at a Premier League ground sitting in pakamacs when it rains.
What it actually tells you is that Fosun have little interest in investing in the club in ways that they actually can outside of the scope of PSR. Owners don't buy players, only the club can do that under PSR so what clubs need is income and lots of it.
That's an area where owners should be most active but it seems everything is left to the club. If the ground was developed it would have to be funded by the club and at the expense of transfers, which is of course why that won't happen.
9.) 19 Feb 2025 13:48:41
Fosun were quoted in 2024 that their intention was to reduce debt by £1.38bn each year for 3 years. They would do this by selling assets. They alluded to the potential disposals by confirming that they would only retain companies that were cash producing. I don't see how that statement suggests Wolves will be retained, unless Wolves is exceptional in some other way, which suits their business model. They bought Wolves at £45m, they have scope to sell, recoup all their expenditure, and perhaps make a small return, and achieve their stated aim.
10.) 19 Feb 2025 20:29:55
TFIOG, as I stated, I've only taken into accounts the player trading side.
2022/23 -€83m
2023/24 -€126m
2024/25 -€61m
I don't know what their turnover is. But on player trading alone, they are massively in debt.
11.) 19 Feb 2025 21:17:12
Wandering you mean that they have spent far more than they have received from transfers.
However that doesn't mean that they are in debt, (although they are - mainly to other clubs for transfer fees yet to paid rather than to banks), or have PSR problems, (I strongly suspect they don't).
The club's finances are far more complex than just transfer fees paid relative to transfer fees received.
Otherwise Wolves who received far more than we spent in 23- 24 wouldn't have problems - but we do and big ones!
12.) 19 Feb 2025 21:59:04
Hence the 'I don't know about the rest of the turnover' comment. But as you've proved before, you are more in the know than me. I'm just providing the figures of the incoming and outgoing players. Nothing more, nothing less.
18 Feb 2025 10:08:19
First time here. Just looked at Everton's new stadium on BBC site. It is wonderful as it should be for £750 million. Wolves need to spend astronomically on a new stadium and team if we are to reach the top end of the Prem. I can't see that happening in the next few years. So it will be seasons of battling relegation of trying to get out of the Championship. I can't afford to go to Molineux anymore but still have my telly. They priced me away from football years ago. I wonder if Fosun have looked at this new stadium re Everton and Tottenham and Arsenal and Man City etc. Sorry . I wanted my first post to be a positive one.
1.) 18 Feb 2025 11:43:07
Welcome to the site Cashinblack and you'll not be surprised for me to say I totally agree with you. Even Birmingham City are about to be subjected to a massive round of investment, apparently to include a new stadium, etc.
As you suggest we seem to be getting left behind both on and off the pitch as some on here have been predicting for some time now. It's not negative to call it out, btw, because it's where we are right now.
2.) 18 Feb 2025 11:58:47
Welcome Cashinblack. You've hit the nail on the head. We're being priced out of football stadiums. But, a new stadium, be careful what you wish for! Friends are Spurs season ticket holders, and if they can't get to a particular match, they find they can't sell their tickets because they're too expensive. A great stadium for Spurs but pricey, as all new stadiums will have to be to cover the investment.
3.) 18 Feb 2025 12:47:21
Welcome cashinback, molineux as become a museum piece I'm sad to say, but we've to be realistic, are we going to attract the 50-60000 fans to fill a development of that size? Should we just expect the improvements to the existing site that fosun suggested? Would we want to move? Whatever the option somebody has to fund it. Sadly that dosnt seem something fosun want to do.
4.) 18 Feb 2025 16:05:12
Will Everton fans be happy with the new stadium when their season and match day tickets go sky high like Spurs, Arsenal, Chelsea etc. Molineux is a great stadium with a cracking atmosphere, but in all honesty if Fosun or someone else did build a new stadium outside the city and sell off the land as a way of part funding the project, it wouldn't bother me too much. Sad yes, but times change. No room for sentiment in business, which is what football has become.
5.) 18 Feb 2025 16:36:53
That's exactly what Shrewsbury did Blackfords, sold their town centre riverside site which pretty much paid for their new stadium in the cheaper outskirts of the town.
It was a win, win for them as the old ground would get flooded occasionally and on match days they needed a man in a boat waiting to recover match balls which had been booted out into the river.
6.) 18 Feb 2025 17:18:01
Welcome Cashinblack.
If you have read the site over the last few years you will know I am not a fan of Jeff and continually nag him to drive revenues.
However although Fosun could - with no PSR impact I believe - equity fund the stadium, which would in turn allow for a significant uplift in revenues, (both from increased capacity and presumably the ability to host other events etc etc), I can't in all honesty blame them for not doing so.
I highly doubt the paypack for them, (via any dividends on their investment), is anything other than highly speculative to the point of non-existent.
Maybe if they had backed Nuno after Seville and we were now a European football regular with occasional forays into the major tournament it might have been viable but now?
Until the club is stabilised - and I am highly sceptical that is achievable even with a substantial improvement in the quality of our management at all levels, in anything other than the medium term due to the substantial damage done to the club by Jeff over the last few years - there is no point in developing the ground.
Since we are far more likely to be playing championship football than champions league football over the next 5 or so years the ground capacity is more than adequate and even modest expenditure on maintenance/development really needs to be diverted to the first 11, which I fear is likely to be substantially weaker after this summer's enforced sales, thus making survival next year extremely challenging!
Sorry to be so negative but unless we significantly improve the management of the club the "futureisbleak" so to speak!
7.) 18 Feb 2025 17:58:29
We need a bigger stadium. But there are issues with the land where Molineux currently stands. Do we move to a new stadium. Arsenal did and although not directly impacting on PSR, they had to wait 10 seasons for the stadium to be fully paid off until they could spend big and get back to the upper echelons of the league. Spurs rely on outside sporting events to pay off their new stadium and it will be the same for Everton. The issue Wolves will have is will the venue be seen as a viable option compared to NEC, NIA and Villa Park. Man City didn't have to replace Maine Road as they were more or less gifted the City of Manchester Stadium after the Commonwealth Games, likewise West Ham after the Olypmics. The only club that has managed to increase their stadium and still maintain a level of consistency is Liverpool.
I think Molineux will be increased but how soon, I don't know but I believe the plans Fosun announced when they first took over are still being looked at.
8.) 18 Feb 2025 19:31:47
Wandering all good points.
The key question however is who pays for the stadium?
It can only be Fosun and why should they do it?
We are basically asking them to give us, (and immediately write off), several hundred million pounds, (which they don't have!).
Any additional revenues derived from the new stadium facilities would simply be used to reduce the losses (albeit only partially), the club makes and not be available for repayment to Fosun.
Today Fosun simply cover those losses by selling Wolves best players each year which they believe, (albeit wrongly of course!), doesn't cost them a penny.
21 Aug 2025 12:58:19
If we did get Jack the Ripper as a new owner I reckon all games would be on a knife edge!
19 Aug 2025 13:22:46
Could anybody tell me what happened to the following as I have not heard about them recently - Fraser, Leo Lopes, Lembriska and Gonzalez.
Cheers
15 Aug 2025 12:36:52
Is it just me or does Wayne Rooney look like he should be part of Fisherman's Friends?
06 Aug 2025 15:29:20
I fully agree with what you say Thefurureisgold1.
Football has been ruined for years now because of all the money, a different set of rules for the big six. I don't see any change happening to shake the game up - so I have basically lost interest. Unless the game is fair for all clubs in the Premier EVERY year then as you say the rich get richer, leaving the rest to fight for middle of the table or relegation.
If the league WAS fair then occasionally you would see the likes of Liverpool or Man City or Arsenal fighting it out at the bottom. A lifelong supporter of the Wolves and I will always follow them but with almost no hope of winning anything. Mind you the weather is lovely!
17 Jul 2025 18:51:32
I think if we buy 7 or 8 very good players (which we won't) then our team would probably reach around halfway up/down the league. That is still not much to look forward to each year.
I don't reckon that Wolves could ever become a consistent, year on year challenger for the top six spots unless we spend over half a billion, build a new ground (like Everton and Spurs) and have the current top six stand still and stagnate. Unfortunately it is what it is and as a big Wolfies fan that saddens me. Money has taken over the game.
On the bright side we have a wonderfully exciting cricket test team.
21 Sep 2025 11:31:52
I reckon that we should play the following team-
Johnstone - play more balls forward - long kicks
Tchatchoua - get the ball to him and put crosses in the box
Bueno - Ditto
Docherty - Captain
Krejci - calm things down at the back
Toti - listen to Krejci
Andre - win the ball and give it to Lopez
Gomes - ditto
Lopez - drive forward. Run at them
Strand Larsen - get on the end of all those crosses
Tolu - ditto
Quick question - these are all strong athletes. Lifting weights etc and building their arm and leg muscles. Why doesn't every team have one or better still two, long throw specialists? An extra missile into the box.
Even if you are on the right track, you will get run over if you just sit there!
29 Aug 2025 16:09:57
Where is Nathan Fraser?
21 Aug 2025 12:53:01
Have to agree in Wolverhampton not being a tourist destination. There are some lovely places in the midlands for the players and family to visit though.
But at the end of the day you have to remember that the fifties was a long time ago.
I would love my club to be one of the elite, attracting big name players and have a ground that would be the equal or Spurs and Everton.
Who would have enough money and clout to do that? Maybe American dollars
So we carry on.
12 Aug 2025 19:29:31
Wouldn't it be nice if we could attract a big American consortium like the Blues did?
12 Aug 2025 19:28:29
Methinks even if we get 3/4 new players in by the end of August, it would only possibly propel us up to around 14th place.
I reckon that all clubs should pay off their debts before buying any new players. Where would that leave the likes of Man Utd?