Overview
- Wolverhampton Wanderers reported a £15.3m loss for 2024/25 over an extended 13‑month year that equates to about a £1.5m profit on a 12‑month basis.
- Player trading produced £117m of gross profit and a £29.2m net gain, driven by moves that included Matheus Cunha to Manchester United and Rayan Aït‑Nouri to Manchester City.
- Amortisation and impairment on signings rose to £87.8m, and the wage‑to‑turnover ratio hit 91.2%, which points to a cost base that is hard to sustain.
- Club revenue fell to £172m from £177.7m due to a lower league finish and one fewer UK TV game, and average attendance eased to 30,881.
- The club saw executive chairman Jeff Shi step down and Gary O’Neil replaced by Vítor Pereira, added January signings to steady results, and the board said it expects the group to keep operating.