If Wolves qualify to play in Europe next season, they will only be allowed 23 players in their squad instead of 25, and it will happen for the next two seasons.
This is because they are being punished for breaching UEFA’s financial break-even requirements for the 2019/20 season.
A statement from European football’s governing body read: “The settlement agreement covers the sporting seasons 2020/21 and 2021/22.
“Wolverhampton Wanderers FC undertakes to report a maximum break-even deficit of €30 million 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 within the acceptable deviation.
“Wolverhampton Wanderers FC agrees that, for the financial year ending in 2020, its employee benefits expenses are restricted.
“Wolverhampton Wanderers FC agrees to pay a total financial contribution up to €0.6 million, which will be withheld from any revenues it earns from participating in UEFA competitions.
“Wolverhampton Wanderers FC accepts that, for the season 2020/21, it may only include a maximum of 23 players in its List A for the participation in UEFA competitions, instead of the maximum of 25 players as foreseen in the relevant competition regulations.
“Such restriction will continue to apply for the season 2021/22 unless the club fulfills all financial measures agreed with the CFCB Investigatory Chamber.”
Wolves’ chances of playing European football next season, however, remain uncertain.
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