Wolves chairman Jeff Shi has provided some revealing information about the way the club operating with regards to transfers this summer.

The club brought in five players for the first-team.

Wolverhampton Wanderers Pre-Season Training Session
Bruno Lage (Photo by Jack Thomas – WWFC/Wolves via Getty Images)

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Francisco Trincao, Yerson Mosquera, Jose Sa and Hwang Hee-chan came in, with Rayan Ait-Nouri turning his loan move permanent.

Wolves fans had hoped there would be more incomings on transfer deadline day.

But the club ended the day with no one, after links to the likes of Renato Sanches, Boubacar Kamara and Kieffer Moore.

While Wolves still have a strong squad, it is small.

Injuries may end up leaving Bruno Lage short, and some fans expressed their frustration and disappointment in Fosun in the aftermath.

Shi has now explained the situation in an interview with The Athletic.

He said: “(Bruno) said he wanted three or four top players, and he’s right.

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Bruno Lage (Photo by Jack Thomas – WWFC/Wolves via Getty Images)

“From a coach’s view, if he has those three or four top players, something special can happen. He’s spot on, I totally agree with that and I appreciate the ambition. But the market has been very difficult to acquire top players.”


Shi then went on to say that ‘the budget wasn’t an issue’ for Wolves, and that the club could have spent money on a player.

But apparently, Lage had the say on who he did and didn’t want.

Shi then explained the board and Lage worked collaboratively on bringing in potential signings.

It was decided that Wolves would ultimately not sign a new centre-back because a deal could not be done for someone that was better than the current options.

Very interesting comments from Shi

So it seems Wolves’ lack of activity towards the end of the window boiled down to the targets not being right.

Wolverhampton Wanderers End of Season Awards
Jeff Shi (Photo by Jack Thomas – WWFC/Wolves via Getty Images)

Shi has suggested that Lage played a role in the club not making any late additions.

Whether fans will believe this claim remains to be seen.

Given Lage was vocal about new faces coming in, Shi’s comments will probably not convince everyone.

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