The 2020/21 season was a disappointment as Wolves finished 13th, 14 points off the top ten.
Therefore, the club and Nuno came to a mutual decision that the Portuguese manager would leave Molineux, and Castles revealed why he is leaving and provided a potentially worrying financial update ahead of the summer transfer window.
He said: (35:31) “He feels he’s come to the end of the road at Wolves. He’s done what he can. He’s ready for a change of scene.
“I think he’s aware that because of the financial situation in football, and because particularly of the financial situation in China, where the Chinese government have told investor companies to reduce their expenditure on football in particular, but especially in European football clubs, that Fosun are unable to finance a rebuild of the squad.
(36:23) “They put their three best talents [Adama Traore, Pedro Neto, and Ruben Neves] on the market in order to raise cash to regenerate the squad, that’s the situation they’re in. So Nuno had made that decision [to leave].”
Do you think Wolves will have a tough summer?
Yes, it feels that way
No, we will be fine
TIF Thoughts on Nuno and Fosun…
If what Castles says is true, the Old Gold will not get much financial backing from their owners this summer, which could explain why Nuno decided that it was time to leave the club.
Wolves have had a real struggle this year, and if the only way they can rebuild the squad is by selling the likes of Traore, Neto and Neves (via Birmingham Mail), we understand why Nuno decided it was time to go.
Of course, this might not turn out to be true, but it looks like it could be a rough summer for Wolves.