Colin Chong thanks fan groups for appeal support

I think that's Wolves' overall loss figure. After allowable deductions (youth, women's football etc) they are within the £105 million limit.

Did anyone else read this on the BBC Saturday footy pages? It really is starting to look like one rule for us and another for. well, not even the Sky six or seven.

"Wolves look set to avoid breaches of Premier League spending rules despite recording a loss of £67.2m for the financial year to 31 May 2023.

That figure follows on from a loss of £46.1m for the previous 12 months.

Former boss Julen Lopetegui was not allowed to spend heavily last summer, as Wolves tried to stay within Premier League profit and sustainability rules.

Clubs can lose a maximum of £105m over a rolling three-season period, or £35m per campaign, before facing sanctions.

Any clubs breaching those rules are at risk of a fine or a points deduction".

I read it.

Obviously there's some esoteric nuance that we northern types don't understand; details are bare.

More to dig up tomorrow I think.

Like you, I'm intrigued and looking forward to what the North Quay lads and lasses will have to say about this beaut.

It's a 3-year toll so presumable they avoided it because in the other year they had a profit.

More importantly, I'm watching this movie that's making me feel a lot better about Everton's situation. Close Encounters. These aliens pop down and drop off a bunch of people they kidnapped years ago.

So, on the one hand, if the aliens drop in at Goodison, the whole relegation drama doesn't seem so important. On the other hand, if they drop off people who haven't aged that they scooped up years ago, I'm hoping Dixie Dean, Tommy Lawton and Dave Hickson drop in before our next home game.

"It really is starting to look like one rule for us and another for. well, not even the Sky six or seven."

At last! Clear evidence that the Premier League is indeed corrupt!

Or is it...? For those seeking greater clarity, this article at The Athletic explains that these are gross losses before the PSR allowances are deducted.

Wolves accounts explained: £67m loss and what it means for PSR compliance

I wasn't aware of that embargo on comment from the club (presumably prior to being formally charged). I think we need to keep that in mind when looking to criticise the club for apparently not telling fans what is going on.

And also keep in mind the important point about above gross spend not being the measure used in the PSR calculations – that gross spend figure being something else we just need to be patient about.

I think Chong's comment reflects the confidential nature of the hearings, which is something that is written into the rules and therefore (by inference) supported at some point by the super-majority of Premier League clubs.

It would make no sense for the club to spout out what exactly they would be building their case on for the next hearing.

What actually surprised me is that they made the decision to publish the independent commission's decision document straight away back in November. It was very much the right thing to do but did not seem to be in line with the way the Premier League rules were written.

But that doesn't stop fans screaming "Lack of Transparency!" "Corruption!!" and "You don't know what you're doing!!!"

As for fans expecting to be spoon-fed with every facet of exactly what the club is doing, presumably on a day-to-day basis... is that what people really expect?

As a shareholder (*cough*), I expect them to behave professionally and with the appropriate level of business discretion in their public discourse. I think we're seeing that more now after the death and dismissal of the old guard.