The Athletic’s Wolves correspondent Tim Spiers claims that the club are unlikely to spend over £30m on a single player in the summer transfer window, per The Molineux View podcast (March 3rd, 25:20).
Raul Jimenez remains Wolves’ record signing at a fee of £30m, with the club snaffling him away from Benfica after an initial loan deal.
While they did spend £106m last summer, per Transfermarkt, Jimenez was the only acquisition to cost over £20m.
And Spiers believes that such a strategy will continue this summer, despite what could be a remarkably successful season.
They remain in the Europa League and will play Olympiacos, who knocked out Arsenal, in the Round of 16, while their weekend win over Tottenham Hotspur has left them just three points behind fourth-placed Chelsea.
Asked if big-money signings could happen this summer, he replied: “It’s not their way, I don’t see it happening at all.
“I think Jimenez, £30m, is about as much as they’ll spend at the moment. This is the whole ethos of recruitment and of the club.
“They don’t sign big, ready-made superstars. They don’t want egos who are going to disrupt the dressing room on massive wages. They’re just not going to do that. They’re an investment firm.”
This is the right approach from Wolves.
They have a clear recruitment strategy, as Spiers alludes to, and are already reaping the rewards.
Were they in demand this summer, they could both conceivably fetch upwards of £50m.
Thus, they have shown that their process works, and there is little sense in abandoning it.
Indeed, it has brought them to the point they are now; they are an established Premier League team with their sights firmly set on climbing higher, instead of falling lower.
They should stick to what they know, and what has got them to the dance.