Wolves owners promise backing for Champions League ambitions

Date published: Sunday 12th November 2017 1:00

Ambitious Wolverhampton Wanderers are willing to spend whatever it takes to become Champions League contenders, a report has claimed.

Wolves have made a strong start to their Championship campaign under new boss Nuno Espirito Santo, with the Mirror reporting he will be given “limitless” resources to take the club to the very top table in world football.

“Fosun (Wolves’ Chinese owners) are ­totally committed to this project,” an ‘insider’ is quoted to have said.

“Even if the club fails to win promotion this season, that will not deter them.

“They will continue to spend whatever it takes, not just to get to the Premier League, but to stay there and make a real impact.”

The Shanghai-based ivestment company are backed by superagent Jorge Mendes and have spent heavily since buying the club.

They sanctioned the club-record £15million signing of Ruben Neves and also bought Helder Costa (£13m), Ivan ­Cavaleiro (£7m), Romain Saiss (£3m), Roderick Miranda (£2m) and Barry ­Douglas for £1m.

Fees have also been agreed to complete permanent deals for on-loan signings Diogo Jota for £12m, and 10-goal Leo Bonatini for £5million.

Fosun also appear to be undetterred from possible Financial Fair Play troubles, with the ‘insider’ adding: “They are confident of achieving their goals.

“But in the event that it all goes wrong, they know they can recover their transfer outlay by selling players, who are the right age and ability, to get a return on their investment.”

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