Wolverhampton Wanderers' accounts for the 2018/19 campaign have been released and they make for hugely positive reading, and fans have been responding in their droves in response to Tim Spiers relaying the information.

The west Midlanders have turned their profits right around in the space of just a year - in no doubt aided by their involvement in the Premier League.

Wolves have gone from recording a £57m loss to making a £19m profit in their first season back in the top-flight whilst their wage bill has nearly doubled in total.

Times are changing at Molineux with the club looking to compete amongst the top six and regularly contend for a place in a European competition.

Later this week, they'll be playing their first knockout tie of the Europa League with Espanyol in town.

Here's how fans have been reacting to the financial news...

There were plenty of positive reactions with an array of superlatives used to help describe the news, including "smashing" and "rosy" whilst one Wolf Pack member went as far as claiming he was  "over the moon" with their finances.

Another took the chance to praise their ownership Fosun as they gambled with Financial Fair Play and it is "truly paying off."

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Others referenced just how huge the difference between the Premier League and Champions League was with it even being described as "absolutely crazy."

There was even time to take a dig out of former CEO Jez Moxey as one supporter asked the club to send their finances to him to show him what a business with long-term vision looks like while a further fan had doubts over super-agent Jorge Mendes' involvement.

One member of the Molineux faithful joked that Wolves would finally be signing Brazilian midfielder Anderson Talisca after missing out on him in 2016 and have been long-linked ever since, as per The Sun.

For true Wolves fans only: How much did each of these players cost?

And in other news, Steve Bull is BAFFLED by the mounting worry over Wolves boss Nuno Santo...