Stefan Borson drops Wolves spending power update after January transfer plan revealed
Wolves are still looking for their first Premier League victory of the season following their disappointing start to the campaign.
Rob Edwards has been confirmed as the new Wolves boss after deciding to leave his role at Middlesbrough just months after joining the Championship side.
Edwards has taken over at Molineux with the club eight points from safety at the bottom of the Premier League table.
Football Insider revealed on 12 November Wolves are expected to back Edwards with the necessary funds to make new signings in the January transfer window.
Wolves are facing PSR issues after financial update
Former Man City financial adviser Stefan Borson exclusively told Football Insider Wolves are likely to be cautious in January due to their historic profit and sustainability (PSR) issues.
Wolves moved their accounting deadline from 31 May to 30 June earlier this year, opening up the possibility for them to sell a player before they submit their accounts in the summer.
Speaking exclusively to Football Insider, Borson said: “I doubt they’ve got huge capacity. They have tended not to have huge capacity on PSR in recent years, so they’re going to have to be careful about the risk element of the investment not working and getting relegated.
“They did move their dates this year, so we won’t get that signal. But that is a signal that they had an issue in 2024-25, so it means they were close.
“They moved the date on 6 February this year, so they are now a 30 June club. I take that to mean that for last season they were close on PSR.”
Wolves sold Matheus Cunha to Manchester United in June, with Ruben Amorim’s side activating his £62.5million release clause.
Wolves are ‘close on PSR’ ahead of January transfer window
Borson revealed Wolves could be falling PSR challenges again this season due to their historic issues.
“If they were close on PSR last year, the chances are that they’re still close this year, so they’re going to be careful because one thing that they don’t want is want to make relegation worse by immediately drifting into a PSR issue, unless they’ve got a player to sell and that would seem to be counterintuitive,” said Borson.
“We know who their best players are to sell. The players that they need for the second half of season, so they’re probably not going to sell, which means that they’re going to be limited on what they can buy.”
Edwards’s first game in charge of Wolves will come against Crystal Palace on 22 November at Molineux.
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