01 Apr 2026 11:21:15
Assume everyone has seen the "headline" financial statement information released by the club yesterday.
It tragically explains completely why Wolves decided to "align" their financial year-end from May to June.
An alignment that conveniently allowed the rushed and dreadfully executed transfers of Cunha and Ran to be included in the accounts for the new period.
The underlying, ongoing, before one off transfer, loss made by the club has exploded from just under £80m in the period to May 2024, to a mind blowing £132m in the new period.
Obviously, as it is a 13 month period not a 12 month one some adjustments need to be taken into account but however you cut it turnover is down and costs, (wages), are massively up.
There is also a fairly chunky write down of the value of "a" or several players, (still in the squad), acknowledging the over payment in the transfer market.
These are truly dreadful accounts and do nothing to assuage concerns regarding the prospects of the club.
01 Apr 2026 14:55:55
Turnover will be down by an est £150million next season.
01 Apr 2026 15:25:20
These figures are absolutely awful as the club has posted a loss even though they've sold Cunha, Ait, Kilman and Neto.
01 Apr 2026 15:59:01
Years of mismanagement and a lack of development have led us to this, but it could potentially get worse.
Fosun's group revenue is also down by £2Bn, so will this ensure our future in the lower leagues, as the chances of them spending on the club are surely diminished.
01 Apr 2026 16:32:34
Great analysis as always, TFG. Anyone seen the Prems' recently released list of agents' fees? We are 7th on the list, just think about that for a second, 7th! For a team that's managed just 17 points all season, how is that even possible when we are buying unproven players from unproven leagues?! For context, here the only teams above us are last season's top four, plus United and Villa. Now let's take a look at the league: can any fan genuinely tell me that we've been even in the same league for signing the calibre of players those around us have?! Sorry, but poor mismanagement from Fosun! I bet each agent pretty much doubled their demands the moment Jeff walked through the bloody door! Some of us have been saying it for years, but the level of mismanagement at our beloved club is genuinely horrific! Makes me very angry, to be honest.
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01 Apr 2026 21:33:16
I just hope the removal of Jeff Shi and his incompetence can repair the damage he's caused over the last few years.