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Wolves Chairman Demands Reality Check On Player Transfer Fees

Molineux chief is being priced out of moves for stars.

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Wolverhampton Wanderers owner Steve Morgan has warned clubs to be realistic in their price demands for their summer transfer targets.

Wolves boss Mick McCarthy has made enquiries about Birmingham City’s Roger Johnson and Reading’s Matt Mills but has been priced out.

Birmingham were understood to be initially asking £14million for Johnson while Reading rate Mills in excess of £3million.

Morgan knows the clubs want to get the highest price for their stars but says unless they reduce their valuations they will not complete any deals.

“I think it’s inevitable that clubs might have to come down on their demands,” he said.

“If clubs feel there’s a lot of interest in their players, they’re trying to do their best and trying to get the income for their club and no-one can blame them for that.

“But we also need a dose of reality and we can’t keep busting transfer records because there’s only a certain amount of money to go around.

“As always, at this stage, prices start really high, and offers start a lot lower, and usually, at some point in time, they meet.”

“I’d prefer not to break the transfer record for obvious reasons. But we’ve got to do what we need to do to get the right players.

“Sometimes paying the highest money doesn’t necessarily get you the right players and there are one or two high profiles example of that.

“It’s important we get the right players for Wolves.”

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