Uefa announced on Friday that Wolves had failed to comply with a “break-even requirement” during the 2019-20 season, finding their losses had been greater than €30m (£27m) over the year. Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on Reddit (Opens in new window), Click to email this to a friend (Opens in new window). Had Arsenal lost in the FA Cup final to Chelsea, Tottenham would have qualified for the 2020-21 Europa League group stage. Reporting by Shrivathsa Sridhar in Bengaluru; Editing by Michael Perry. “Wolverhampton Wanderers undertakes to report a maximum break-even deficit of 30 million euros 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. Wolves will be forced to play with a depleted squad if they qualify for Europe next season, after being found in breach of financial fair play rules. European squad to be trimmed by two in 2020-21 or 2021-22… In the settlement, however, Wolves have agreed to limit their losses to €30m in the financial year ending 2020. The only way Wolves can secure European action next season is by winning the 2019-20 Europa League.

Group stage spot for 2020-21 Europa League confirmed due to FA Cup victory. No qualification to 2020-21 Europa League guaranteed via their league position due to Arsenal’s FA Cup. Sorry, your blog cannot share posts by email. The FFP rules are designed to stop clubs spending more than they earn, but were revised this year to allow clubs to carry greater losses in the 2019-20 season because of the effect of Covid-19 on their finances.

European squad to be trimmed by two in 2020-21 or 2021-22, Uefa also tells club to pay fine that could hit €600,000. Fri 7 Aug 2020 13.16 EDT Wolves must cut squad if they qualify for Europe after FFP breach. Good basis to build on for our third premier league season. In that scenario, Wolves will steal a Champions League spot… Simple as that. Finished in sixth place in the Premier League. Arsenal qualified for Europe courtesy of their FA Cup win against Chelsea on Saturday, but what does it mean for other Premier League teams such as Tottenham and Wolves as they hope to play in Europe during the 2020-21 season? UEFA said the squad restrictions would apply for the 2021-22 campaign unless the club fulfils all financial measures. No qualification to 2020-21 Europa League guaranteed via their league position due to Arsenal’s FA Cup. “The club has presented a reasonable and realistic projected break-even information” it wrote. For the coming season, the most important thing is to keep our key players and Nuno. It will be interesting to see how we do with no Europa distractions. If that happens, the Premier League will have five Champions League teams in the Champions League group stage next season (Liverpool, Man City, Man United, Chelsea and Wolves) and three in the Europa League with Leicester City and Arsenal confirmed for the group stage, plus Tottenham in the qualifying rounds. If Wolves win the 2019-20 Europa League they will automatically qualify for the 2020-21 UEFA Champions League group stage. They join six other European clubs – Galatasaray, Istanbul Basaksehir, FK Kairat Almaty, Maccabi Tel Aviv, Lille and Porto – in having their finances scrutinised by the governing body over coming seasons. The finish line is now within touching distance. The UEFA Europa League showdown between Club Atlético de Madrid and Athletic Club is the ninth final in the competition's history between two teams from the same country. They are currently in the Round of 16 stage (drawing 1-1 with Olympiakos after the first leg in Greece) as the Europa League action resumes next week. All quotes delayed a minimum of 15 minutes.

FFP regulations aim to stop clubs running big losses through spending on players. “The settlement agreement covers the sporting seasons 2020-21 and 2021-22,” UEFA said in the statement. UEFA said the squad restrictions would apply for the 2021-22 campaign unless the club fulfils all financial measures. All rights reserved. Tottenham could play any of the following teams in qualifying: Finished in seventh place in the Premier League. Click for all Wolves fixtures and results in this season’s UEFA Europa League. In its written explanation of the Wolves verdict, Uefa’s club financial control body spoke positively of the club’s engagement with the process. Nuno Espírito Santo’s side face Sevilla in the quarter-finals of the Europa League after beating Olympiakos on Thursday, and would be entered into the Champions League if they win the competition.

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