Europa League’s covid break contributes to Wolves’ £40m loss
By David Owen
March 20 – Chinese-owned Wolverhampton Wanderers have joined the general plunge into the red by Premier League clubs for the covid-impacted 2019-20 financial year.
The famous old Midlands outfit has posted a pre-tax loss of £40 million for the year to May 31. This compares with a £20 million profit achieved in 2018-19.
The club – which marked its first European campaign in nearly four decades by progressing as far as the quarter-finals of the Europa League –
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