Useful information
Prime News delivers timely, accurate news and insights on global events, politics, business, and technology
A journalist has revealed what he has heard about Wolverhampton Wanderers’ transfer plans ahead of the January transfer window, as Vitor Pereira’s appointment draws closer.
The latest on Vitor Pereira and Wolves
It has been a disappointing 2024/25 Premier League season so far for the Midlands side, and it should come as no surprise that their results and performances have led to the sacking of manager Gary O’Neil. The 2-1 defeat against Ipswich Town was the final straw for the Wolves board, and they announced their departure shortly after, as they find themselves in second place, five points from safety.
Old Gold has moved pretty quickly to find O’Neil’s replacement and they are now Approaching Pereira’s appointment. The Portuguese, coach of Al-Shabab, soon became the favorite to replace O’Neil and, after holding talks with the English club, he agreed to become their new coach.
It is being reported that Pereira agreed an 18-month contract to take charge of Molineux. and Wolves are paying around €1 million to release him from his contract in Saudi Arabia.
His first game in charge could be on Sunday when Wolves take on Leicester City, but there has been a worrying transfer update from the new boss.
Journalist shares worrying Wolves update on January transfer window
According to Pete O’Rourke of Football Insider, Wolves and Vitor Pereira will operate on a limited budget in January transfer window. The Midlands side had a busy summer transfer window, signing eight new players, but have so far struggled to make a lasting impact.
Midfielders Andre and Rodrigo Gomes were the most expensive captures for Wolves and, given the huge spend, it apparently affected plans for the January transfer window.
Related
Wolves investigate to sign £10m defender in January for new manager
Wolves are yet to appoint a new manager, but they already have their eye on a new signing for January.
O’Rourke reports that Pereira, once confirmed as the new manager, will work within an “extremely” limited transfer budget during January. The Premier League side are considered to be in a precarious financial situation, despite having sold players for big money in recent transfer windows.
The possible arrival of Pereira has done nothing to change the budget, as O’Neil would also have faced the same problem, but the situation has worsened slightly due to his dismissal and the finances involved. Wolves are likely to break profitability and sustainability standards this season, so revenue may be difficult to come by in January.
This will be a blow as Wolves have been linked with a move for Ben Godfrey in recent days, but given Atalanta could be looking to recoup most of the £10m they paid Everton, a transfer could be little. likely unless Wolves can agree to a loan deal.
