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Wolves to escape FFP sanctions after £140m summer sales

Wolverhampton Wanderers offloaded 17 players for £140 million this summer, and that decision looks set to shield them from Premier League sanctions, per The Telegraph

The player sales were prompted by concerns of violating Profit and Sustainability rules, formerly known as Financial Fair Play.

Everton face the ominous prospect of a potential points deduction for an alleged breach of regulations.

However, Wolves seem confident that their summer squad overhaul will keep them in the Premier League’s good graces. 

If Wolves failed to amass approximately £90m during the summer transfer window, they could have faced dire consequences in the coming year.

Among the high-profile departures were Ruben Neves, Raul Jimenez, Nathan Collins and Conor Coady. 

The summer exodus also saw the departure of head coach Julen Lopetegui before the start of the season. Gary O’Neil joined as manager after doing a remarkable job at Bournemouth.

The sale of Portuguese midfielder Matheus Nunes to reigning champions Manchester City for £53m was instrumental in securing Wolves’ financial stability.

However, Wolves remain under temporary financial restrictions and will maintain a conservative approach during the upcoming January transfer window.

They are midway through a crucial final 12 months in a three-year cycle aimed at complying with Profit and Sustainability rules.

The Premier League’s regulations stipulate that a club breaches financial regulations if they incur an adjusted loss exceeding £105mm over a three-year period.

O’Neil is eager to reinforce the squad with a striker to complement the £44m signing of Matheus Cunha, who will play a more versatile role across the front three.

Wolves owners Fosun are assessing the financial resources to support their manager. 

Southampton centre-forward Che Adams was a potential target in the final days of the summer transfer window and remains on the radar for future acquisition. 

Wolves also considered but decided against pursuing Salernitania forward Boulaye Dia.

They have affirmed their commitment to retaining their first-team regulars, with star player Pedro Neto recently extending his contract.

There are also ongoing talks with defender Hugo Bueno regarding fresh terms. 

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