Guillem Balague thinks Julen Lopetegui’s future as manager of Wolves is ‘in jeopardy’.
According to Spanish football journalist Guillem Balague, Wolves manager Julen Lopetegui’s future “is in doubt” due to the club’s financial difficulties.
Lopetegui, 56, stated last week that without investment, it would be “difficult to compete” in the Premier League.
The Spaniard also stated that he was only recently made aware of the club’s Financial Fair Play (FFP) “issues.”
“Talks between the club and Lopetegui this week will give us a clearer picture,” Balague remarked.
“With the club unable to secure the signings or investment promised to him and instead having to sell to meet FFP, his future is uncertain, despite the fact that he is under contract.”
Following his appointment in November, when Wolves were bottom of the Premier League, former Spain and Real Madrid manager Lopetegui steered the club comfortably clear of the relegation zone.
They are only the fourth team in Premier League history to stay up after being relegated on Christmas Day, and they have secured their place in the top level with three games remaining.
He has won nine of his 22 league games in charge, and the club is in 13th with one game remaining.
Lopetegui, on the other hand, stated that he was made aware of difficulties he “didn’t know about before” at a meeting with chairman Jeff Shi.
Under Premier League rules, clubs can only incur losses of £105 million during a three-year period.
Wolves made a £46.1m loss in their previous financial statements before signing 10 senior players this season – plus two more on loan – implying additional losses in their next accounts.