Almost £50million has been spent in the past 12 months in the club’s biggest ever financial outlay on transfers.

Managing director Laurie Dalrymple says Wolves have had to take risks – and if they hadn’t they’d be in the bottom six.

“The simple fact is the dynamics and finances of football now, if we didn’t take some risks we would be hovering around the bottom six for eternity,” he told the Express & Star.

“We’ve had to make some decisions that have meant we’re operating on a different financial footing to where we have been before.

“I don’t think that’s anything that will be to the detriment of the club, certainly as I sit here now, I don’t believe that.”

Wolves are sitting pretty in the Championship table in second place after 11 matches.

Promotion is the very clear aim this season – but if Wolves don’t go up Dalrymple insists money won’t be a problem.

“There’s no problem financially,” he added.

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“There are two things to say; number one, Fosun’s commitment in unequivocal and that is going nowhere.

“They are totally and utterly committed to this project. If we don’t get out this year, that won’t change, in my opinion. So that’s the first thing to provide assurance around.

“The other aspect is around the general football regulations.

“If we don’t get promoted this year, then yes we might have to look at how we continue to build the finances and invest money in the team because we’re going to be a very different place to where we were this time last year.

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“But I don’t think that’s going to render us inoperable and I still think the group’s going to remain strong.

“Similarly there’ll be more decisions taken around who we keep, who we bring in, that wouldn’t just be purely be based on financials, it would be around what have they contributed to the group and are they going to get us out of the league at the third time of asking.

“I don’t think we would necessarily be hindered by finances at that point.”