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Director says Wolves no closer to signing £8m target as Lopetegui could walk

Photo by Christian Verheyen/Borussia Moenchengladbach via Getty Images
Photo by Christian Verheyen/Borussia Moenchengladbach via Getty Images
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A potential £8 million move to the Premier League appears no closer for Nico Elvedi with the Wolves target yet to make a ‘decision’ on his future at Borussia Monchengladbach. 

With reports today suggesting that Julen Lopetegui may be about to walk away from the Molineux post – his hangdog expression and very public frustration during a series of interviews sending shivers down Old Gold spines – the ongoing surrounding Nico Elvedi saga is another piece of uncertainty Wolves could do without. 

According to BILD back in July, the Midland giants are prepared to pay around £8 million for the Switzerland international. 

FC Bayern München v Borussia Mönchengladbach - Bundesliga
Photo by Roland Krivec/DeFodi Images via Getty Images

There has been little movement over the last few weeks, however; Rheinische Post reporting that a Wolves side hoping to stay clear of potential Financial Fair Play sanctions are reluctant to meet Gladbach’s £10 million-plus asking price.

Elvedi is, after all, available for free as soon as 2004. 

And, according to sporting director Nils Schmadtke, neither party is closer to realising what the future holds for Elvedi.

Wolves facing uncertainty in window’s final month

“A lot has already been said about Nico Elvedi in the past two weeks. But there is still no decision, so we have to wait and see what happens to him,” Schmadtke tells Kicker.  

“We continue to watch the market closely. If something comes up that helps us sportingly and is financially feasible, we would certainly not close our eyes to it.” 

Of course, selling Elvedi now would make the most sense from a financial perspective. This is, after all, Gladbach’s last chance to cash in for a sizeable fee. With that in mind, do not be surprised if – come the end of the window – Wolves’ £8 million offer starts to look a lot more attractive than it does right now. 

Borussia Mönchengladbach v FC Ingolstadt - Pre-Season Friendly
Photo by Christian Verheyen/Borussia Moenchengladbach via Getty Images

Not including Matheus Cunha and Boubacar Traore – who’s loans turned into permanent transfers – free-agent Matt Doherty is the only new addition to the Wolves squad this summer

Deals for the likes of El Bilal Toure and Alex Scott appear to have been ki-boshed. Wolves failed pursuit of then-30-year-old free-agent Lucas Moura perhaps highlights the restrictions Lopetegui found himself operating under.

According to the BBC, former Bournemouth boss Gary O’Neil could replace Lopetegui. O’Neil has been without a club since he lost his job to Andoni Iraola earlier in the summer.