Wolverhampton Football Club escaped being penalized by the English Premier League for violating overspending rules. Leading to a loss of more than 67.2 million pounds after reporting its annual results on May 31, 2023.
Report from ‘BBC Sport’ that this loss figure continues from 12 months ago when it lost more than 46.1 million pounds.
Knowing that the club’s executives assessed the situation. As being at risk of being punished in the future by the English Premier League’s profit and stability rules. They ordered former head coach Julen Lopetegui to tighten his belt regarding reinforcements. ทางเข้า UFABET
And because it’s so tight that the filling is deflated The Spanish coach was therefore not comfortable accepting the position. So they parted ways last summer until they were replaced by Gary O’Neill.
According to league rules.
clubs are allowed to lose a maximum of 105 million pounds over three seasons. Or an average of 35 million pounds per season. If found to be involved, they will be investigated and face punishment. Including a fine or deduction of points.
In the case of Wolverhampton, up to this point they had been losing for two consecutive years. There is still 2024 operating results to be anticipated. So it is not yet eligible for punishment even if the numbers have already surpassed the ceiling.
Incidentally, having O’Neill as the boss at Molineux Stadium just 6 days before the start of the 2023-24 season has a positive effect. Because the team has made a performance that is 9th in the English Premier League standings. While the FA. The Cup also made it through to the quarter-finals, facing a light event against Coventry. Despite having very few reinforcements.
In the 2023-24 season, the league recently ordered a penalty to deduct 10 points from Everton as the only team. But the club won the appeal until the remaining 6 points were cut.