Going into the January transfer window, Wolves required additions.
Injuries, alongside a busy run of games, highlighted issues with depth at the club.
Back in October, chairman Jeff Shi admitted that the board needs to support Nuno in the transfer market if they want to compete at the highest level.
Despite this, Wolves’ only first-team signing was Daniel Podence from Greek side Olympiacos.
So how did Wolves fare in the transfer window?
Two centre-backs went in the window, with Ryan Bennett leaving on loan to Leicester whereas Jesus Vallejo was recalled by Real Madrid for more game time.
Patrick Cutrone also left on loan to ACF Fiorentina with an option to buy in the summer.
Despite Willy Boly’s return from injury, Wolves remain thin at the back following the window.
Vallejo and Cutrone’s departures seemed inevitable, but fans may feel aggrieved at Bennett’s departure despite his inconsistent performances in recent weeks.
With no signings defensively or up front, the squad is now weaker than it was a month ago.
Wolves also got a record sale of £15m for winger Ivan Cavaleiro, an amount that would have assisted in the Daniel Podence transfer.
The lack of first-team signings didn’t prevent Wolves from bolstering their youth squads.
17-year-old Luke Matheson made a name for himself when he scored an equaliser in Rochdale’s 1-1 draw at Old Trafford.
The youngster, who has been signed for £1m and loaned back to Rochdale, is one to look out for in the future.
Ecuadorian Leonardo Campana was also signed and joins up with the Under 23’s.
The striker has gained attention in the last year since top-scoring at the South American U20 Championship.
Should he impress in the Under 23’s, there’s a chance we could see Campana on the bench this season.
Enzo Loiodice also joins on loan with the option to buy in the summer.
Loiodice is a French Under 20 international and could prove to be a coup for Wolves should he live up to his potential.
Pressure in the summer
If Jeff Shi wants Wolves to challenge at the highest level, the summer transfer window is an important one.
Currently, it can be argued that Wolves have the strongest team outside of the top six.
But to push on, Wolves need strengthening in the summer.
Fortunately, Wolves have a good few months to analyse their squad and scout any potential signings.
It seems that a striker and defender is what is required the most going into the 2020/21 season.