Shropshire Star

Gary O'Neil addresses Wolves' spending strength in 'stabilising' period

Gary O'Neil insists Wolves must focus on the short-term and admits the club is still in a 'stabilising phase', as he hopes to have the opportunity to push the club forward.

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After battles with the Premier League's profit and sustainability rules and club owners Fosun choosing not to invest heavily in Wolves, the club have had to take a sustainable approach to transfer windows of late.

Wolves lost Pedro Neto and Max Kilman in the summer but did not directly replace them and O'Neil admits the club are not yet in the position to spend freely and he hopes he can realise that in the future once he steers them away from relegation trouble.

"Wolves is a fantastic club, a big club, but we're still probably trying to stabilise at the moment," O'Neil said.

"We're still in that phase when I came in and there was a lot to do to try and stabilise.

"After that comes the progression, but we've probably not quite got to that moment yet and we're still in that spell where we're trying to stabilise.

"Discussions around the progression of the club and where we look to get to will come later on.