Wolves will have a difficult time finding a new investor given the number of Premier League teams now for sale.

According to finance expert Stefan Borson, investment alone will not improve the West Midlands club’s financial predicament (exclusive to Football Insider).

Wolves are reported to have been near to the profit and sustainability (PSR) limit in recent seasons, with Premier League clubs only allowed to lose £105 million over a rolling three-year period.

To stay inside the budget, Gary O’Neil’s team has had to sell some big-name players, including Pedro Neto and Max Kilman, who left during the summer.

In an interview with The Telegraph on September 27, chairman Jeff Shi said that the club has engaged with organisations regarding a minority stake and has received significant interest.

Fosun International, a Chinese corporation, has controlled Wolves since 2016.

The club’s latest 2022/23 records showed a revenue of £169 million and a salary bill of £142 million.

Wolves may struggle to find additional funding.

“Unless they can find a method to increase sponsorship or minimise expenditures, they will be rather limited.

“I don’t see what additional revenue streams will change the dial much. Matchday is very much set. They definitely don’t have influence over the TV agreement; we know what it will be.

“The only variable is where they place in the league. They will very certainly not receive that cash stream because qualifying for Europe is extremely difficult.

“They can have some domestic cup runs, but they are essentially neutral in terms of profitability. They make a little money if you win, but they don’t make much in general.

“That leaves sponsorship and commercial money to boost the club’s overall revenue.

“That is not something a new owner will do right away. That will take time, so ownership is only one factor.

“If you travel down the Premier League, you’ll find sections of at least five teams for sale. Wolves will have a difficult time finding a new buyer because many teams are looking for investment.

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