Wolves have released headline financial information for the extended 13-month period ending 30th June 2025.
The accounts reflect the 2024/25 season, which marked Wolves’ seventh consecutive campaign in the Premier League and the club’s ninth under the ownership of Fosun. The financial year was extended by one month to 30th June to better align with player and coach contracts, peer Premier League clubs, the club’s ownership structure and the wider football calendar.
Revenue for the period totalled £172.0m (£177.7m in 2023/24), mainly due to a lower final league position, which reduced merit payments, and one fewer live UK TV broadcast (15 matches, down from 16). Matchday revenue remained consistent year-on-year, while commercial partnerships saw growth of over £1m, driven by a new front-of-shirt partner and an increased number of agreements overall.
Average attendance across the season was 30,881 (31,265 in 2023/24), reflecting continued strong support from fans despite a more challenging season on the pitch.
Player trading generated a profit of £117.0m (£64.6m in 2023/24), following an active summer transfer window that included the sales of Max Kilman, Pedro Neto, Daniel Podence, Mario Lemina and Luke Cundle. The extended reporting period also allowed the post-season sales of Matheus Cunha and Rayan Ait-Nouri to be included. Additional contingent fees were received for players including Morgan Gibbs-White, Francisco Trincao and Pedro Goncalves.
This was partially offset by amortisation and impairment charges of £87.8m (£67.2m in 2023/24), reflecting ongoing investment in the first team and academy. New signings included Tommy Doyle, Pedro Lima, Rodrigo Gomes, Andre, Sam Johnstone and others, alongside various new contracts and a change in first-team head coach during the period.
As a result, the club recorded a net player trading profit of £29.2m, compared to a loss of £2.6m in 2023/24, representing a significant improvement and strengthening Wolves’ position ahead of upcoming changes to Premier League financial regulations.
Overall, the financial loss for the 13-month period, after interest and tax, was £15.3m, broadly in line with the £14.3m loss reported in the previous 12-month period.
As this reporting period covers 13 months, prior year comparisons are not always directly comparable. An annualised equivalent has therefore also been included to provide a consistent comparison, showing a profit of £1.5m on a comparable 12-month basis.
The full accounts can be accessed by clicking here.
