Wolves post £15.3m loss for 2024/25 as 13-month accounts annualise to profit | OneFootball

Wolves reported a £15.3m loss for 2024/25, their fourth straight year in the red. Because the accounts span 13 months to 30 June, the annualised 12-month equivalent shows a £1.5m profit.

According to ExpressAndStar.com, it follows a £18.4m profit in 2020/21 then losses of £46.1m, £67.2m and £14.3m. The club extended the period to align with Premier League peers, contracts and the calendar, resolving a prior first-month wage mismatch.

The tweak also brought last summer's exits into these accounts, with Matheus Cunha joining Manchester United for £62.5m and Rayan Ait-Nouri moving to Manchester City for about £33.5m, rising to £36m. Alongside earlier departures including Max Kilman, Pedro Neto, Daniel Podence, Mario Lemina and Luke Cundle, Wolves made £117m profit on disposals, up from £64.6m in 2023/24. Contingent fees for Morgan Gibbs-White, Francisco Trincao and Pedro Goncalves added further income.

New signings and contract renewals, plus Gary O'Neil's dismissal and Vitor Pereira's appointment, lifted amortisation and impairment to £87.8m, up from £67.2m. January business under Pereira added Emmanuel Agbadou for £16.6m and Marshall Munetsi for £15m.

Even so, the club recorded a net player trading profit of £29.2m, compared with a £2.6m loss in 2023/24. Revenue slipped from £177.7m to £172m as league position fell from 14th to 16th and one fewer UK TV match was broadcast. Commercial income grew by more than £1m, while average attendance dipped to 30,881 from 31,265.

Source: ExpressAndStar.com