Date: 8th August 2020 at 1:30pm
Written by: Jamie Samuels

Some Wolverhampton Wanderers supporters have been reacting on social media after The Athletic’s Tim Spiers shared that the Molineux outfit had reached a settlement with UEFA over breaching Financial Fair Play rules.

Wolves have been found guilty of failing to comply with a ‘break-even requirement’ during the 2019/20 season, having recorded loses greater than €30m (£27.1m) over the year.

The West Midlands outfit have been handed a €600,000 fine for the infraction though only the first €200,000 of the sum must be paid with the rest dependent on how the Molineux natives comply.

Wolves will also have to tackle any European competition with a 23-man squad, rather than 25, for the next two seasons should the club qualify for the Champions League or Europa League.

In the settlement with UEFA, Wolves have agreed to limit their loses to €30m in the financial year ending 2020, while the club is expected to have reached an ‘aggregate break-even’ by the end of the 21/22 campaign as UEFA’s rules cover loses over a three-year period.

Wolves must submit regular updates to UEFA on their progress, too.

When fans reacted on social media to Wolves’ punishment, some met the update with frustrations.

A lot of Wolves fans focused their anger on UEFA seemingly protecting the established big clubs by punishing Nuno Espirito Santo’s side for spending large sums to close the gap to the top spots.

Not all Wolves supporters are as angered by the punishment, as some see it more as a slap on the wrist for a necessary evil in order to leave the Championship in the past.

 

One Reply to “‘Pathetic’, ‘Shambles’ – Some Wolves fans react to Tim Spiers’ UEFA update”

  • Something stinks in the people who run football there private bank A/C should be audit every year by independent body

Comments are closed.