Wolves' parent company Fosun Sports Group are prepared to seek new financial backing.

The Premier League club are working towards improving their position financially.

Per The Mail, FSG have been approaching possible partners with a view to selling another minority stake in the team.

Wolves are in a situation where Financial Fair Play means they may have to sell players to add more to Julen Lopetegui's squad.

With the Spanish coach even prepared to walk away from the club, Wolves have to act.

Selling a stake would not necessarily bring in more funds for the summer, but would give Wolves more financial comfort with respect to FFP.