Wolves are yet to make a signing so far this summer and supporters will not be pleased with the latest news regarding reported target Enzo Fernandez.
What's the word?
Wolves had been heavily linked with a move for the River Plate midfielder, with the youngster touted as a potential replacement for either Joao Moutinho or Ruben Neves, both of whom could still leave Molineux this summer.
However, the Argentine would eventually sign for Benfica in a deal worth just £8.6m, with a potential £6.9m in add-ons, so he could have been a very cheap option for the Old Gold this summer.
In a recent interview with GIVEMESPORT, talkSPORT journalist Alex Crook discussed Wolves' interest in Fernandez, saying:
“I did a story last week about this sort of wasted chase for Enzo Fernández.
“They [Wolves] sent their chief scout Matthew Hobbs on a 14,000-mile round trip to try and get him to sign, having got an agreement.
“They then pulled the plug and decided not to trigger his £17m release clause, which suggests to me that coffers are running dry.”
Supporters will be fuming
Considering the lack of action at Wolves so far this summer, supporters will surely not be impressed to hear that they had an agreement for such an exciting young player, only to pull out at the last minute.
Fernandez enjoyed a superb 2022, contributing ten goals and seven assists in all competitions for River Plate, despite predominantly featuring as a defensive midfielder.
The 21-year-old was described as "one of the most talented players in Argentina" by Fabrizio Romano and he could have represented a bargain option for Bruno Lage this summer, so it is baffling why Wolves decided not to pay his release clause.
Moutinho's contract has now officially expired, while Neves could still be on the move, and if Wolves don't act quickly then they could be incredibly short of midfield options.
Thus, not signing Fernandez could prove to be a big mistake by the Old Gold.