Wolves are finally close to sanctioning an exit for Fabio Silva as the 11pm transfer deadline fast approaches.
The 22-year-old striker has no future at Molineux and has been in limbo since his arrival back at Compton earlier in the summer.
Silva spent the second half of the 2023/24 campaign on loan at Rangers, where his time at Ibrox was interesting, to say the least.
After returning to Wolves procedurally, talk of the forward’s exit buffered, with several clubs registering interest to no avail, until now.
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Wolves sanction Fabio Silva’s loan exit to Las Palmas
Silva is set to travel to Spain to sign for UD Las Palmas on a season-long loan from Wolves
While the deal is perhaps not what the Midlands club would have wanted, the forward will continue his development away from Gary O’Neil’s project once more.
It’s clear why Wolves might have wanted to offload Silva on a permanent basis, with the striker being a top-earner at Molineux, collecting £90k-a-week in wages.
There is some relief to his exit despite a loan not entirely removing him from the books, as journalist Luca Bendoni explained.
On X, Bendoni revealed that Las Palmas ‘will cover a major part’ of Silva’s salary, which amounts to around £4m-per-year at Molineux.
While the exact figures of what Las Palmas will cover are not known, it makes for strong reading from a Wolves point of view, who will be desperate to shift the high-earner from their books.
Wolves need Silva to perform in LaLiga
Signed by Nuno Santo in 2020 for a staggering £35m, Silva has failed to live up to the hype for many reasons.
Aside from not being able to perform consistently when given the opportunity to at Wolves, the 22-year-old has had a difficult time securing regular playing time in England.
O’Neil kept the Portuguese ace around for the first half of the 2023/24 campaign however, quickly decided that Silva was better off away from Molineux, sanctioning his loan to Rangers.
Things didn’t go well for the striker in Scotland, making his year at Las Palmas all the more important as Wolves hope to eventually offload the forward for a reasonable figure in the near future.