WOLVES have hired a US bank to sell part of the club and raise funds to improve the squad while avoiding FFP problems.
SunSport understands New-York based Moelis & Company will help seek extra investment instead of a full sale.
Wolves are attempting to avoid any Financial Fair Play issuesGetty
Wanderers have been frustrated by the Premier League’s cash rules and want to boost their spending power.
Ex-boss Julen Lopetegui left just before last season after a transfer budget row and Wolves sold 17 stars last summer to avoid breaching regulations.
That raised £140million but funds for Lopetegui’s successor Gary O’Neil are tight again and the club want extra firepower during this window.
Wolves’ Chinese owners Fosun want to remain involved but are after partners to offer support.
Wanderers are one of six Premier League clubs seeking investment to stay competitive in the top flight.
Spurs, West Ham and Brentford are all using advisers Rothschild & Co to bring in fresh money.
Crystal Palace co-owner John Textor has appointed Raine Group in an attempt to sell his 45 per cent stake at Selhurst Park.
Everton’s long-running sale process is ongoing but Textor has ended his interest due to frustration at dealing with Toffees owner Farhad Moshiri.
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Local businessmen Andy Bell and George Downing are now frontrunners after the collapse of 777 Partners’ proposed takeover.
But MSP Sports Capital and at least one other American group are still in talks with Moshiri.
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Chelsea have agreed the £42m transfer of Aston Villa striker Jhon Duran, according to reports.
Italian giants Juventus are reportedly in advanced talks to sign Aston Villa midfielder Douglas Luiz.
Bayern Munich are eyeing up a summer move for Chelsea’s Levi Colwill, according to reports.
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