Former Liverpool coach Gary O’Neil‘s performance at Wolves has garnered praise, with some suggesting he could be a shock candidate to replace Jurgen Klopp.
This speculation comes amid reports of O’Neil being considered for senior coaching positions at the club.
That is the view of finance expert Kieran Maguire, who spoke exclusively to Football Insider about the £80million investment plan of Fosun Sports Group.
Football Insider reports that Wolves are poised to navigate future Financial Fair Play (FFP) challenges due to an impending cash infusion from their owners during this season.
Fosun Sports Group aims to raise a minimum of £80 million for investment in both their football and eSports ventures. This injection of funds is expected to enhance the club’s financial flexibility in compliance with Profit and Sustainability Rules.
Last month, reports emerged indicating that Wolves were on the verge of breaching financial rules, potentially leading to a points deduction.
Notably, O’Neil has strong ties to Liverpool, having served as assistant manager for their Under-23s until February 2021, when he departed to assume a coaching position with Bournemouth’s first team.
According to Football Insider, the 40-year-old coach is highly esteemed by senior figures at Anfield and has been under consideration for roles within Liverpool’s senior coaching staff over the past two years.
Maguire lauded O’Neil for his achievements this season and hinted that the influx of funds could be utilised to expand operations at Molineux.
“Wolves have gone very quietly about their business this season,” Maguire told Football Insider’s Sean Fisher.
“If Gary O’Neil was called ‘O’Neillio’ he would be linked with the managerial jobs at Liverpool and Barcelona.
“He’s done a fantastic job this season.
“There is certainly the opportunity at Wolves for the club to take advantage of that success and cement themselves as part of the Premier League hierarchy.
“They will be looking at expanding the capacity of Molineux and their opportunities to raise revenue to become more competitive.
“This money injection from Fosun – if used appropriately – can certainly be part of that.“
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