Wolves have discovered in recent years the hardships of adhering to PSR rules while enjoying a successful transfer window.
Wolves generated over £100 million in player sales this summer as Max Kilman, Pedro Neto and Daniel Podence were the most notable departures from Molineux.
Gary O’Neil has since used some of that cash to sign replacements, with the Old Gold signing eight new players in the transfer window.
From the amount they’ve generated in sales in recent years, finance expert Adam Williams is confident that Wolves can avoid a PSR breach in the coming windows.
Remarkably, though, Jeff Shi suggests that PSR was never a problem in the first place.
- READ MORE: Football finance expert explains exactly where Wolves stand with PSR after player sales this summer

Jeff Shi shares PSR update that will anger Wolves fans
Owner Fosun has been reluctant to invest his own money into the football club, instead relying on a model where the capital from player sales is put towards O’Neil’s budget.
O’Neil reinforced those claims by claiming Wolves will be running off a tight budget in the upcoming transfer windows, with supporters expecting no progression on the pitch as a result.
Some fans are already at the end of their tether given Fosun’s reluctance to back the manager and Jeff Shi’s latest comments will do himself no favours.
In a recent interview with the Telegraph, Shi claims that Wolves have never ‘been close to the line’ with PSR, despite previous reports suggesting they were. He also said that avoiding a financial breach was never a ‘massive challenge’ for the club.
“PSR is something that we’ve always kept an eye on and we have never been close to the line,” Shi said.
“We have never been panicking enough to do something to avoid breaking the rules. We’ve never had a situation where we have had one month or three weeks to agree a deal. Never.
“It’s not been a massive challenge for us and, for Wolves, player trading is more about whether we let them leave or not, for sporting or financial reasons.”
Wolves face a period of regression under Fosun
From the above comments and Fosun’s actions in the most recent transfer windows, it doesn’t look as though Wolves are prepared to spend big money.
The club are under no threat of breaching PSR rules once next summer rolls around, yet they’ll still be looking to penny-pinch, whereby selling some of their most invaluable assets while not investing properly into the squad.
This could have a long-term strain on the football club, as supporters want to see progress on the pitch but without showing ambition in the window – as seen this summer – it’s impossible to see improvement.
Position | Team | Played MP | Won W | Drawn D | Lost L | For GF | Against GA | Diff GD | Points Pts |
16 | 5 | 0 | 3 | 2 | 4 | 7 | -3 | 3 | |
17 | 5 | 0 | 3 | 2 | 3 | 8 | -5 | 3 | |
18 | 5 | 0 | 1 | 4 | 2 | 9 | -7 | 1 | |
19 | 5 | 0 | 1 | 4 | 5 | 14 | -9 | 1 | |
20 | 5 | 0 | 1 | 4 | 5 | 14 | -9 | 1 |
O’Neil’s men currently sit bottom of the Premier League table on one point and if they aren’t careful, could find themselves with ground to make up.
Unfortunately, this is a sad reality that the club find itself in and unless ambition is shown, they could be in a nightmare scenario.