‘Wolves’ Clever Opportunism: Securing £99m UKEF Loan’

(G3 Football, Hillside NJ, 14 July 2023) Wolverhampton Wanderers have recently made headlines for securing a £99 million loan from the UK government. While some may view this as a sign of financial trouble, experts argue that it is a shrewd move by the club. In this article, we will explore the details of the loan, why Wolves qualified for it, and its implications for the club. The loan was obtained by Wolves last year from the government agency UK Export Finance (UKEF). UKEF is the UK’s export credit agency and aims to ensure that no viable UK export fails due to lack of finance or insurance. Wolves qualified for the loan because they export a range of goods and services, including merchandise and football through the Premier League’s overseas broadcast rights.