Wolves boss Nuno Espirito Santo ‘stalling on signing a new three-year deal at the club with the Portuguese concerned about having limited funds in the transfer market to strengthen his squad’
- Nuno Espirito Santo is desperate to push Wolves forward after two strong years
- However the Portuguese is ‘concerned about the transfer funds he will have’
- Owners Fosun International are said to be tightening the purse strings at Wolves
- But Nuno ‘fears balancing the books will halt the club’s forward progression’
Wolves boss Nuno Espirito Santo is stalling on signing a new three-year contract due to concerns over available transfer funds at the club, according to reports.
The Portuguese is desperate to push the club forward after consecutive seventh place finishes in the last two Premier League campaigns.
However, The Mirror claim he is aware that the club’s owners are tightening the purse strings at Molineux and is therefore holding back on agreeing a new deal.
Reports say Wolves boss Nuno Espirito Santo is stalling on signing a new three-year contract
The Portuguese is desperate to push the club forward after consecutive seventh-place finishes
The report adds the 46-year-old – who has less than 12 months to go on his current contract – is worried he will not be able to bring in suitable reinforcements this summer due to limited funds made available by the club’s chiefs.
The same outlet adds the Portuguese has been similarly left bemused after Tottenham agreed a £15million fee for right back Matt Doherty following a breakthrough in talks.
Nuno saw the Republic of Ireland international as an integral part of his squad but after talks accelerated on Friday, Doherty finalised his switch to Jose Mourinho’s side over the weekend.
He is concerned he will not be able to bring in suitable reinforcements due to limited funds
The Portuguese has also been left bemused after Tottenham agreed a deal for Matt Doherty
The outlet also claims the club will allow fans’ favourite Adama Traore to leave if a bid in the region of £40m is received.
Wolves are working on incomings in the form of £20m-rated Ainsley Maitland-Niles from Arsenal, having had a £15m bid for the 23-year-old turned down last week.
The club are also said to be keen on Athletic Bilbao defender Unai Nunez, who has a £27m release clause in his contract with the Basque outfit.
But Nuno is said to be unhappy that Wolves’ owners Fosun International are insisting the books are balanced, because he believes it could halt the club’s progress and leaves him with doubts about his long-term future at the club.
Wolves will also reportedly let star man Adama Traore go if an offer of at least £40m arrives
The club are still chasing Arsenal’s Ainsley Maitland-Niles having had a bid rejected last week