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Wolves hit with UEFA sanctions for breaching FFP rules

Wolves, Europa League
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UEFA have slapped Wolves with a fine and squad limit for European competition next season for breaching FFP rules.

A Raul Jimenez penalty on Thursday night enabled Wolves to beat Olympiacos 1-0 in the second leg of their Europa League last-16 tie, securing a 2-1 aggregate win overall.

That goal also saw the Wanderers reach for the quarter-finals of a major European competition for the first time since 1972.

Less than 24 hours after their historic feat, however, UEFA have fined them up to €200,000 for breaching profitability and sustainability regulations. The fine could even double if Wolves cannot get their finances sorted before the end of 2021.

The document released on the UEFA website even states that Wolves will have to stick with 23 players rather than 25 should they qualify for the Champions League by winning the Europa League.

Furthermore, Wolves will pay a ‘maximum break-even deficit of €30m in the financial year ending in 2020 and to finally reach, in the 2021/22 season, an aggregate break-even result for the financial years ending in 2019, 2020 and 2021.’