Wolves post £15.3m loss in extended 2024/25 accounts | OneFootball

Wolves have reported a £15.3m loss for 2024/25 after publishing their latest accounts. The period was extended to 30 June, covering 13 months, with a 12-month equivalent indicating a £1.5m profit.

ExpressAndStar.com reports the club have now posted losses in four straight years, after an £18.4m profit in 2020/21. Subsequent deficits were £46.1m, £67.2m and £14.3m before the latest £15.3m figure.

The accounting switch aligned the year-end to Premier League peers, contracts and the calendar. It also brought last summer’s exits into scope, with Matheus Cunha joining Manchester United for £62.5m and Rayan Ait-Nouri moving to Manchester City for about £33.5m, rising to £36m with add-ons.

Player sales produced £117m of profit, up from £64.6m in 2023/24, with extra contingent fees on earlier deals. New signings, fresh contracts and the switch from Gary O’Neil to Vitor Pereira pushed amortisation and impairment to £87.8m, from £67.2m.

Pereira’s January recruits included Emmanuel Agbadou for £16.6m and Marshall Munetsi for £15m. Net player trading ended £29.2m in profit, compared with a £2.6m loss a year earlier.

Wolves did not replace Max Kilman after his £40m exit to West Ham, and Pedro Neto’s sale to Chelsea, rising to £54m, led to a late loan for Carlos Forbs that had little impact. Those choices have contributed to Wolves’ likely relegation in 2026.

Revenue fell from £177.7m to £172m as the team dropped from 14th to 16th and had 15 UK TV games, down from 16. Commercial partnerships rose by more than £1m, while average attendance slipped to 30,881 from 31,265.

Source: ExpressAndStar.com