Wolves: Julen Lopetegui could LEAVE after club reneged on promises over signings and investment

Julen Lopetegui will hold talks with Wolves chiefs in the coming days to establish the club’s transfer plans this summer.

The Spaniard took over last autumn with the club bottom of the Premier League but led them to a comfortable survival in the top flight.

Wolves invested heavily in January and will be unable to do so again this summer, with captain Ruben Neves among the leading candidates to depart for a fee of about £45million.

Ahead of Wolves’ clash with Everton last weekend, Lopetegui hinted he had been unaware of Wolves’ financial position: ‘I have had that meeting [with chairman Jeff Shi] and there are some Financial Fair Play problems I didn’t know before.

‘I hope we will solve this issue. It’s very difficult to compete in the Premier League without investment.

Julen Lopetegui’s future as Wolves boss is reportedly in doubt due to the club’s financial issues

Guo Guanchang, chairman of Fosun Group, watches Wolves during a game at Molineux

‘Despite the club investing this year it has been a very hard year so we have to learn the lesson and do our homework to try to improve the team.’

Asked if he is confident the club can solve the problems, Lopetegui said: ‘I hope so. It’s one thing I didn’t know before. I hope we’ll be able to improve to compete next season.

Premier League rules mean clubs can only post losses of £105m over a three-year period – and in their last financial results, Wolves posted a £46.1m loss.

Since last summer Wolves have spent about £153m on transfers, recouping about £54m. They invested significantly in the January transfer window to try to ensure they stayed in the Premier League.

Ruben Neves (left) and Matheus Nunes (right) are both being linked with the exit this summer