Report: Takeover delay has caused Wolverhampton Wanderers to miss out on four transfer targets

Super agent Jorge Mendes with client Cristiano Ronaldo

Wolves have lost out on transfer targets to clubs including Queens Park Rangers.

Super agent Jorge Mendes with client Cristiano RonaldoSuper agent Jorge Mendes, pictured with client Cristiano Ronaldo, is set to invest in Wolves

Wolverhampton Wanderers' delayed takeover has seen them lose out on four transfer targets, one of whom signed for Queens Park Rangers last month, the Telegraph reports.

The proposed £40 million buy-out, backed by Jorge Mendes and Robin Li, should be completed inside the next three weeks, the report states, though the protracted nature of the deal could have already had damaging consequences.

Wolves, who finished 13th in last season's Championship, have so far recruited just one new face - Fulham goalkeeper Andy Lonergan. But that tally could have been as many as five, according to the Telegraph.

Fulham's Andy LonerganAndy Lonergan is Wolves' only new recruit

The report states that deals for out of contract Manchester United attackers Nick Powell and Ashley Fletcher have collapsed, along with a proposed £2.3 million for Anderlecht striker Idrissa Sylla.

And another player said to have held talks with Wolves this summer is left-back Jake Bidwell, who joined QPR from Brentford last month.

Brentford's Jake Bidwell walks off the pitch dejected after being sent offLeft-back Jake Bidwell joined QPR instead

The Daily Mail reports that Wigan Athletic are close to signing Powell, despite claims from Hull City boss Steve Bruce on Tuesday that Wolves had won the race for his services.

Fletcher, meanwhile, joined West Ham United on Tuesday.

Ashley Fletcher scores the first goal for BarnsleyAshley Fletcher, who starred on loan at Barnsley last season, looks to be staying in the Premier League

FIFA World Cup 2018FIFA 2018 World Cup Russia - click here for all of our coverage...

Register for HITC Sport - Daily Dispatch