Date: 19th February 2020 at 6:47am
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Wolverhampton Wanderers have announced a profit of £21.64m for the 2018/19 season, their first season back in the Premier League (via BBC Sport). The figures make encouraging reading after the club reported a loss of £55.15m from 2018.

The accounts reveal that the club owe their Chinese owners, Fosun International, an estimated £131m but that there is no immediate requirement for this sum to be repaid.

Do you expect Wolves to spend big in the summer?

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Here’s how some of the fans have responded to the report.

What do we think?

As highlighted by one of these supporters, the financial reward that comes with being in the Premier League is extremely significant and can make all the difference to a club operating in the red. According to this report, Wolves earned approximately £123.9m last season, which was made up of their TV income, Premier League prize money and the revenue that is shared equally amongst the 20 competitors.