(Credit: Imago/Manh Tung - Breaking Media)

James Murray

Thu 23 April 2026 18:00, UK

Follow us on Google Discover

Wolverhampton Wanderers are set to lose more than £60million in revenue after their relegation from the Premier League has been confirmed. 

The West Midlands club have endured a miserable campaign, having so far claimed just three top-flight victories from 33 games this season.

Wolves’ relegation to the Championship was confirmed on Monday (20 April) after fourth-bottom West Ham drew 0-0 against Crystal Palace at Selhurst Park.

That result saw the gap to the Hammers extend to 16 points, ensuring Rob Edwards’s side can no longer mathematically avoid the drop with just five games left to play. 

Relegation will have a dramatic impact on Wolves’ financial situation due to the significant difference in prize money between the top two divisions. 

Why Wolves’ revenue will drop significantly next season

Wolves have spent the past eight years in the Premier League after Nuno Espirito Santo led them to promotion in 2018. 

The Molineux club will be eyeing an instant return to the top flight, but the Championship is highly unpredictable. 

In terms of the financial impact of relegation, Southampton earned £109.2m in Premier League payments after finishing bottom of the table last season.

Meanwhile, the clubs who were relegated to the Championship in 2023-24 – Sheffield United, Burnley and Luton Town – were paid £48.9m in parachute payments last season, making a £60.3m difference between the two leagues.

That is before any potential impact to commercial and matchday revenues are factored in, with clubs having much less appeal in the second tier compared to the Premier League. 

How much revenue did Wolves generate last season?

Wolves posted their accounts for 2024-25 last month, showing their revenue dropped from £178m in 2023-24 to £172m last season.

That came as a result of a dip in broadcast revenue from £134m to £125m after finishing 16th in the Premier League table, two places lower than the previous year. 

That figure will drop again this season following their relegation to the Championship.

Elsewhere, commercial income increased from £22m in 2023-24 to £25m last season, while gate receipts remained static at £22m. 

Wolves are set to lower their ticket prices as they prepare for life in the Championship next season.

Nathan Shi, the club’s interim executive chairman, revealed season ticket prices will be reduced by at least 25 per cent, while a review of general admission pricing is ongoing at Molineux.