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Report claims Wolves do have funds available for transfer this summer

Wolerhampton Wanderers are reportedly armed with cash for transfers this summer according to a report.

The Telegraph have claimed that Fosun International have been ‘unaffected’ by the financial issues encountered by some other Premier League investors based in China.

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Apparently, Fosun will make funds available this summer for potential player additions, although it’s added that the club will likely need to make some sales to boost the kitty up.

It is explained that Fosun remain fully committed to Wolves as the fifth anniversary of the conglomerate’s ownership of the club approaches.

Wolves’ fortunes on the pitch in 2020/21 have led to a lot of fans wishing the season would just end already.

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The latest result – a 4-0 defeat to Burnley at Molineux – has really knocked the stuffing out of many supporters, who are keen to see some improvements made to the squad this summer to help the team become competitive again.

Realistically, Wolves need to get their recruitment right and sign a quality centre-half, a goalscoring midfielder and potentially another forward.

Encouraging information

So many clubs are bound to have it tough this summer regarding signing new players.

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So it’s good to hear that the financial situation at Molineux isn’t too bad.

It’s important that the investment and recruitment is right this summer, or else the club could start to quickly head in the wrong direction.