Wolves miraculously survive the Premier League despite.

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Wolverhampton Football Club escape being penalize by the English Premier League for violating overspending rules, resulting in a loss of more than 67.2 million pounds after reporting annual results on May 31, 2023.

Report from ‘UFABET’ that this loss figure continues from 12 months ago when it lost more than 46.1 million pounds. ยูฟ่าเบท

Knowing that the club’s executives assessed the situation as being at risk of future punishment from the English Premier League’s profit and stability rules, they ordered former head coach Julen Lopetegui to tighten his belt regarding reinforcements. 

And because it’s so tight that the filling is deflate The Spanish coach was therefore not comfortable accepting the position. So they part ways last summer until they were replac by Gary O’Neill. 

According to league rules, clubs are allow to lose a maximum of 105 million pounds over three seasons, or an average of 35 million pounds per season. If found to be involve, they will be investigate and face punishment, including a fine or deduction of points. 

In the case of Wolves, up to this point they had been losing for two consecutive years. There is still 2024 operating results to be anticipate, 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 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 just order a penalty to cut Everton’s points initially by 10 points , but the club won the appeal until the remaining 6 points were cut.