Profit into loss at Wolves

Wolves have reported a loss of £39.3m in the wake of the Covid-19 pandemic. This compares witha a £10m operating profit in the previous year.

However, the club states: 'It is important to note that, has broadcast revenues from suspended matches not been deferred, the club would have achieved a profit of £17.9m for the season, even with the permanent loss of matchday revenues for the final five home games of the season.'

Club statement and link to full accounts here: https://www.wolves.co.uk/news/club/20210319-headline-financial-information-for-201920/

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