Wolves apparently aren’t in a position right now to take up the two-year option they have on Nelson Semedo.
The Express & Star produced a very revealing report last night about the financial state of play at Wolves.
Wolves are facing some challenges in the coming months.
The club is expecting a tough summer ahead, because they have a ‘black hole to fill’ to stay in line with Financial Fair Play (FFP).
This is because a lot of money was spent across the last two transfer windows.
It is stated that the biggest issue Wolves are facing this summer is the ability to re-sign players and bring in fresh blood. The claim is then made about Semedo.
At the moment, Semedo stands to leave the club at the end of the season.
He is contracted to the summer of 2023. But Wolves have an option to extend his deal by a further two years.
But currently, Wolves can’t afford to keep Semedo.
Wolves need investment from owners Fosun in order to make up the FFP black hole, but this is not guaranteed.
The concerning thing for Wolves is that it was recently reported that the extension option on Semedo is only available until the end of this month.
Concerning times with Wolves currently unable to afford to extend Nelson Semedo’s contract
So Wolves appear to be in a bit of financial bother just at the moment.
It is a long article from the Express & Star that seems to suggest that investment from Fosun is needed.
Hopefully that will come and Semedo’s contract can be sorted out.
It would be frustrating for the full-back to leave the club as a free agent.
Especially as it is written that he wants to stay and Julen Lopetegui wants to keep him.