Wolves are reportedly willing to offload Nelson Semedo this summer, despite just extending his contract at Molineux.

That is the claim from Sky reporter and Wolves fans Johnny Phillips, who has written a new column in the Express & Star.

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Phillips discusses the current financial situation at Molineux.

It was suggested earlier this week that Wolves have concerns over Financial Fair Player, and that some player sales will be required this summer.

Phillips says in his column that a profit upwards of £50 million will need to be turned this summer.

And then he mentions the three Wolves players that are most likely to bring in decent revenue.

They are Ruben Neves, Matheus Nunes and Semedo.

The fact Semedo is mentioned is very interesting, as the club moved to trigger their option to extend the player’s contract by two years earlier this month.

That suggested Julen Lopetegui really wanted to keep hold of the Portuguese full-back.

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But seemingly, the decision was as much about protecting Semedo’s market value.

Because Phillips says in his column that Wolves are still willing to offload Semedo this summer.

“There is a willingness to offload if a reasonable fee can be secured as his huge wages are problematic in the long-term,” he writes.

According to Spotrac, Semedo is one of the highest earners at Molineux, taking home around £80,000-a-week. Only Raul Jimenez, Joao Moutinho and Goncalo Guedes earn more.

Nelson Semedo situation will be interesting to watch this summer as Wolves navigate FFP

So Wolves triggering their two-year on option Semedo doesn’t really mean much. He could still leave the club this summer.

But at least if that were to happen, then Wanderers would be bringing in a fee now.

But it’s hard to see other clubs coming in for Semedo, especially knowing that they’ve just missed out on a potential free swoop for him. Why would they now want to pay?

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But it remains to be seen if anyone does come in.

It is not clear how much Wolves would want for the full-back. But you would imagine they would get nowhere near the £29 million they paid Barcelona to sign him.

And clubs will now be aware of the financial issues at Wolves. They will have this in mind if they want to bid for any players at Molineux, and Wolves may be forced to accept offers that are lower than what they’d really like.

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