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.