Wolves investment won’t change PSR situation

  • 📰 footyinsider247
  • ⏱ Reading Time:
  • 25 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 63%

Football/Transfers News

Wolverhampton Wanderers,PSR,Investment

New investment alone will not solve Wolves' Profitability and Sustainability Rules (PSR) issues. The club needs to increase revenue and decrease costs to avoid further financial concerns.

Wolves are not going to be able to improve their profit and sustainability situation purely by securing new investment.the West Midlands club need their revenue to increase and their costs to reduce to avoid having any further PSR concerns.

Gary O’Neil’s side have been forced to sell several big-name players to ensure they remain within the limit, with the likes of Pedro Neto and Max Kilman moving on over the summer.on 27 September, chairman Jeff Shi revealed the club have spoken with groups about a minority investment and there has been plenty of interest.Wolves investment won’t change PSR situationHe told“You have to separate cash through the door to pay the bills versus moving the dial from a PSR perspective.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 53. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines