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04 Feb 2026 15:07:27
Good note.
Both of your two main threads are bang on.
Recruitment has been beyond abysmal - so so many very obviously poor players bought for substantial sums and put on large contracts - whilst the selling has been worse!
Additionally the total failure to develop income streams and control costs has been scandalous.
Sadly Jeff has not had his eye on the ball!
However whilst I love your optimism I don't think the club is going to spend money on the ground when it's far from full which it will be in the Championship, if they didn't when it 'was sold out.
in the Premiership
Indeed now I would argue that every penny that can be spared should be spent on the team to get the club back to the Prem or at least stabilise it in the Championship.
1.) 06 Feb 2026 18:17:46
Now's the time to enlarge the one stand by 10, 000. It would show confidence in their plan and not affect revenue as much while in the Championship, if we are there next season.
Might have a few seasons to improve the other stands, too. Nothing is for certain.
28 Jan 2026 17:39:06
{Ed's Note - thefutureisoldgold3 has posted a new article entitled, Planning for the Championship: Wolves' Financial Rebuild
20 Jan 2026 07:39:09
{Ed's Note - thefutureisoldgold3 has posted a new article entitled, Wolverhampton Wanderers Player Ratings v Newcastle United
19 Jan 2026 14:17:16
thefutureisoldgold3 has written an article entitled, Wolverhampton Wanderers Player Ratings v Newcastle United
1.) 20 Jan 2026 09:45:56
Excellent and fair report Future.
I did notice Mane playing more defensive between defenders and midfielders on many occasions so to be fair to him he may have been told to do so.
For me attack is the best defence which may have edged a game that was evenly spread.
2.) 20 Jan 2026 12:11:16
Can't argue with anything there Tfig, and I agree Bos, mane didn't really get going frontwards until the second when, like rodrigo, he was going to be taken out everythime he turned or ran.
Hwang was certainly angry at coming off, maybe he was in the window being watched?
Gomez wasn't best pleased at his subbing either.
I suppose RE may have had damage limitation in mind given our position but we could have nicked it with abit more speed and confidence.
Larsen isn't in it now, let him go for what we can get, I'm sure he'll flourish somewhere when his hearts in it, sadly its not old gold.
We're going down and it's only right RE uses the games now to learn the lads true strengths and also identify what and where we need to be looking for next season.
Unbeaten in 2026, a nice little cup run maybe and some performances to hold our interest I hope.
17 Jan 2026 21:41:08
I have read various people, including I think Jeff, saying at least Wolves are better off than when Fosun took over.
Lets look at the facts
In the summer of 2016 when Fosun bought the club Wolves had just lost a negligible amount, circa £2m, pre player sales in the year 2015/16.
On the same basis in 2023/4, the last set of accounts available, it was £75m.
The loss in 2016 was about 7% of the turnover now it is roughly 42%
In 2016 Wolves had zero net debt - including debt to banks, other clubs and its owners.
In fact it was owed money!
Now it has a net debt of over £300m!
In 2016 the club was going nowhere fast and was a boring stable Championship side.
In 2026/7 it is quite possible that this will be beyond the reach of the club!
Is that really better?
1.) 18 Jan 2026 09:04:37
Exactly future, it gets on my nerves all this “ fosun have given us the best times” malarkey, they are also giving us right now the worst times. I was only 6 when the bhattis were around so don’t really remember that much but I’m certainly experiencing this now under fosun, just because they were great at first shouldn’t mean the have a pass with what’s going on now.
2.) 18 Jan 2026 10:33:37
Fosun have given us some of the best times. Who can forget us romping to promotion or the two 7th place finishes, the European adventure or the FA Cup run?
None of this looked possible under Steve Morgan when we were relegated to League 1.
The times are clearly not so good now and Fosun have clearly lost interest but if anyone says that Fosun have not given the fans the best time in recent history is simply lying to themselves. Or maybe they sincerely believe mid table Championship and League 1 is better than Premier League.
3.) 18 Jan 2026 11:43:31
GWIL I think The Futures point is that while we did have the best time in our recent history under Fosun the cost could be that we may not have a club to support at all if the mis-management continues into the next couple of seasons.
Future is asking if a couple of seasons as best of the rest is worth losing the club for.
4.) 18 Jan 2026 12:19:25
Good - undeniable that Fosun was excellent for 4 years up to Seville - as I said in a post on "rumours" only yesterday.
But it is not true to say that currently or in all likelihood at any time soon they will have put the club in a better place than it was when they took over from Morgan.
He never got the club to the heights Fosun did but never took them financially or quite probably in table terms as anywhere near as low as Wolves are now and are on track to achieve.
As First says it is quite possible that the club could go into admin and thus unlike under Morgan could well end up in Div 1 or worse.
£300m+ of debt is totally unsustainable outside pf the Prem and player sales will make very little debt in that whilst obviously if you can't operate in a cash positive fashion in the Prem what chance have you when turnover falls by £100m+ in the Championship?
5.) 18 Jan 2026 12:24:15
Your missing the point good, I say that fosun have given us good times no one is denying that, but just because of that they should be given leeway for the mismanagement now? No they shouldn’t, yes we were going nowhere under Morgan and moxey I agree but we also weren’t in absolutely horrendous debt which we now are, fosun have zero interest in the club hence why they have not invested in infrastructure, we will go down and still have obligations debt wise so you tell me where that money is coming from? Because it won’t be fosun that’s a sure fire fact.
I genuinely fear for the future of the club, Chinese ownership nearly bankrupted reading, Birmingham, Albion even the mighty ac Milan were in the doo doo, what makes us so different? But hey Ho don’t worry we got into Europe under them so maybe all the companies/clubs we owe money to will take that into account and write off what we owe them!
6.) 18 Jan 2026 13:19:04
I don't think the finances are as bad as people think. Yes, financially we are not in a good place but we do not have as much debt as some of the other Premier League clubs.
Jeff Shi has 100% mismanaged the club and his incompetence will cost us dear. Hopefully Guo and co have taken note and Nathan Shi can in the short term steady the ship before a proper football person comes in and drives us forward.
7.) 18 Jan 2026 13:22:54
Forest, Bournemouth, Brighton and Palace as well as the Big 6 all have higher debts than Wolves. The difference is that they all have people who in place to ensure the football side of things is still ticking over whereas we had Jeff Shi who let everything collapse.
8.) 18 Jan 2026 13:58:01
Good - first Wolves won't be a Prem league team next year and in the Champ average debt is under £70m and Wolves have over £300m.
However second I do accept that some sides will have bigger debts.
I would have assumed that was because they were much bigger teams so I was surprised at your list.
However having checked the obvious one - Brighton deemed by everyone to be a v well run club I'im not sure about your figures.
Wolves have over £300m of debt Brighton just over £200m.
Equally relevant over the last 2 years Brighton lost under £50m across the period Wolves lost £182m!
Adding Wolves much vaunted player trading profits Wolves made roughly £108m over the last 2 years. Brighton made £232m.
So relative to Brighton at least yes Wolves are in a real hole financially
9.) 18 Jan 2026 15:30:46
I just took the figures that were published by the BBC. I don't know the ins and outs of football finance.
10.) 18 Jan 2026 16:51:30
Good the problem is your saying we don’t have as much debt as other premier league clubs and that’s correct but we won’t be a premier league club next season so we will have one of if not the highest debt outside the premier league
11.) 18 Jan 2026 17:14:38
De Wolf was God. As I said. I just took the figures from the BBC. I'm no finance expert so I can't say how much debt the club will have. I do expect there to be some savings as usually when a club gets relegated, the operating costs reduce and staff are let go. Add to that, the more saleable players are sold.
12.) 18 Jan 2026 19:49:56
Well if you remember our esteemed ex chairman said that no staff member would lose their jobs due to relegation, another lie of his, so you have to ask where’s the instructions coming from? I find it difficult to believe that Jeff was given carte Blanche to just do and say what he wanted, and I personally wouldn’t believe a thing that I read on any bbc article. It’s a fact an absolute undeniable fact that we are in debt to the tune of 300 million pounds, no amount of staff redundancies ( which apparently won’t happen ?♂️) or player sales are going to come close to reducing that, if you figure Gomes, Andre, circa 70 million.
Jsl maybe 40 now where do you see the other 190 million being raised? And the efl are a lot quicker to punish clubs who fall into admin or can’t pay their debts.
13.) 18 Jan 2026 20:58:40
I honestly don't know why you're having a go at me for. I didn't print the figures. I don't know if they're true or not. I know the figures that were submitted to Companies House last year but other than that, I don't know the inner workings at the club.
I have no idea where any of the money has gone or will come from. I'm just using the figures that are publicly printed. There are posters on here who have a better understanding of finances than me who could assist.
thefutureisoldgold3's rumour replies
04 Feb 2026 19:04:52
Mad - the point you make is the same one BB and Good made - should Fosun have acted on Jan 1 when a miracle might, ( only might), have been possible.
i have to accept that it is not an unrealistic one which I missed - blinded by a flicker of rationality later on in the month when the miracle was gone.
Assuming Edwards is here, ( far from certain that he will), that would be the obvious thing to do but I strongly suspect he won't be able to as the players he will want will be the ones that will go.
Interesting view on Emmanuel - but as you say what does it say about the rest of the CBs at the club as he was head and shoulders above all of them last season.
In the Champ I suspect he would be a behemoth and with Krejci would be as good as any in the league.
Guess that is opinions for you!"
Ironically though Armstrong wouldn't have been the signing to make then though as he is clearly not good enough for the Prem.
Not sure who those signings should have been though as far from convinced the 2 Chelsea boys would have moved the dial either.
04 Feb 2026 15:39:04
Again sensible.
Shocked but have Wolves finally learnt their lessons!
He has not worked out and is unlikely to be any better in the even more physical Championship.
If the club can sell him at a not insignificant profit raising cash to pay down debt and/or finance the re-build then it should.
It could in any case be argued that Gomes A has already arrived as his replacement - home grown, substantially cheaper and on lower wages.
Note as some of you may think somewhat conversely I however believe Emmanuel should not be sold! He has shown that he is more than capable of playing in the Championship and if Wolves can afford it and can persuade them to stay he and Krejci would form a pairing that would be without peers in the Championship.
03 Feb 2026 12:01:41
Banksy
Hard to be critical.
I would have liked more of the dross out - especially if Wolves can get such good prices. This would have helped with the early rehabilitation of the financial position and both prepare for the summer dealings and maybe even allow Wolves to keep some of the better players if possible this summer.
But to get £43m + for Larsen is a really good sale - regardless of what he does at Palace - as he was not much more than a training cone at Wolves .
The 2 boys coming in are very different.
Armstrong is a proven quality Champ player who is simply not enough for the Prem.
He is an ideal short term signing. If Wolves fail next season he should be fairly easy to move on to more ambitious teams albeit it is unlikely that as he moves out of his prime over the next year or so there will be any profit in the sale.
Angel Gomes however is a strange one. A full international only 2 years ago but now struggling to hold a place at Marseille and available for pennies?
He is also willing to come to Wolves where he will almost certainly be playing Champ football next year.
He is either a complete steal and will be brilliant for the club or he is a reclamation project with some risk attached due to his likely high, (Champ level), wage contract.
PS I don't buy the flip argument nor do I believe the parallel argument he is "putting himself in the shop window".
It somewhat incredibly would appear he is resigned to playing in the Champ with Wolves.
02 Feb 2026 18:55:38
J the best player at the club.
A the new hope
R hopefully a prospect that will develop
T a solid pro who will be fine in the champ but who probably isn't quite good enough for the Prem
I make that 4?
02 Feb 2026 17:30:02
47
Agbadou has the highest ceiling of those 3. Sadly he also appears to have the lowest floor.
But for me the best outcome would be to keep Agbadou and hope that in a more calm environment he can recover his form
In the Champ he and Krejci would totally dominate.
With Larsen fetching more than anticipated my dream outcome would be for Wolves to somehow persuade the 5 best players to stay - sell the dross and one or two others who have to go to make the numbers add up add the 3 proposed players for £7m, £7m and £8m respectively.
Line up
Sa, Yerson, Agbadou, Krejci, Buneo H, Andre, Gomes J, Gomes A, Mane, Adams and Armstrong.
Bench Bennet, Lima, Doc, Bueno S, Gomes T, Bellegarde, Gomes R and Sasa.
Sold Larsen £43, Tolu 20, Fer Lopez 15, Munetsi 15, Traore 10, Doyle 10, Hwang 10, Wolfe 10, Jackson 10, Arias 10, Djiga 5 and Johnstone 5
The finances are just about balanced and the team would be very very strong in the Champ with Adams and Armstrong probably a fair bit better than Tolu and Hwang and Gomes G giving a better balance to the side.
My wishful thinking!
thefutureisoldgold3's banter replies
21 Feb 2026 11:25:27
Demon sadly that horse bolted many many years ago.
20 Feb 2026 18:20:58
Pagham - Thanks for the ratings report.
14 Feb 2026 11:29:16
If he could replicate his form at Boro the year before he went to Luton he would be a fantastic signing as, (as you say), he was a top player in the division that year.
Haven't followed his career since but see he is playing at Hull in the Champ now.
Question marks - like Adam Armstrong - re his ability to step up given his disappointing time at Luton in the Prem but as a short term option a good shout.
Re Wolfe/Bueno not sure who goes and who stays but doubt Wolves will add a 3rd LWB and certainly it won't be a top priority unless as you say he is back to Boro form and cheap/free.
Homegrown is important but Bueno is that anyway and is one of the few that I think is both likely to stay and be good enough for the Champ.
Giles is def however the right pool to be fishing in!
14 Feb 2026 11:18:32
The sad part of course Deep is that whilst some posters seemingly believe it Wolves will not be anywhere near the richest club in the Championship.
The definition of "rich" is surely that not only you don't have massive debts but you actually have money to spend!
13 Feb 2026 22:21:03
NameandNumber - excellent post - the latest of several I believe!
After posting about it for the last 5 years - yes if you had the willingness and, without being rude, the intelligence to see it, it has been screamingly obvious what has been happening for several years now - I have pretty much run out of the energy and enthusiasm to keep pointing it out.
However astonishingly you still get Fosun apologists on social media and numerous posters spouting ludicrously optimistic stuff both about prospects on the pitch ( promotion is a given - opinions fair enough! ) and even more ridiculously the clubs finances.
You regularly see posters telling us that Wolves will be able to blow everyone out of the water as the richest club in the championship but as you identify it will, unless Fosun decide to invest a hundred million or so, have crippling debts and additionally a totally out of control cost base way in excess of even the most optimistic estimates of income.
Clearly, given that as a result of this appallingly weak financial situation Wolves have/will sell most of the first team squad - or at least the decent ones - it is hard to say how Wolves will perform next season. It will though require a better transfer window than Wolves have seen in most of the windows over the last 5 years just to stabilise the club in the Championship let alone push for promotion. Sadly even after the three sales this January it will also have to be done with a negative net spend of well over £50m!
Consequently I am far from certain how so many posters come to this view!