Wolverhampton Wanderers, who were once at the bottom of the Premier League, have made a remarkable leap forward in their campaign and managed to stay up since the appointment of Spanish soccer great Lubidiku at the end of last year. However, the former manager of the Spanish national team recently disclosed that he did not realize the challenges facing the club under the Financial Fairness Act when he accepted the offer from Wolves. It is reported that Lubidiku will meet with the Wolves management after the end of the league campaign, and the possibility that he may resign as head coach cannot be ruled out.
Wolves have invested over £200 million (HK$1.947 billion) in reinforcements in the last two transfer windows, and have managed to retain their place in League One despite this. Lubidiku discovered this financial dilemma by accident when discussing next season's plans with the club: "It was only after a meeting with the chairman that I realized the club had a Financial Equity Act problem, which I knew nothing about before I took office and hopefully will be resolved. In the Premier League, it's very difficult to survive without investment."
According to Wolverhampton Wanderers' financial report last year, the club suffered a loss of £46.1 million (about HK$449 million). It is reported that in order to improve the financial situation, the club plans to sell the core players such as Rubin Neves, Adam Machaelle and Moteno in the summer. Lubidiku will discuss with Wolves again after the league finale and may consider offering his resignation if he does not receive a commitment to secure funds to strengthen the team.
