After only a few months since his appointment, Wolves will attempt to ensure Gary O’Neil’s future by extending a fresh contract offer.
On August 31, 2023, O’Neil was named manager of Wolverhampton Wanderers, taking over for Julen Lopetegui just before the 2023–2024 Premier League season. In addition to leading high-spending Chelsea to the top half of the table, the 40-year-old has Wolves into the FA Cup quarterfinals, where they will face Coventry City in a favorable matchup.
He was appointed as head coach only seven months ago and signed a three-year contract, but already could be in line for a a pay-rise and more security over his future. O’Neil has all but guaranteed the club’s place in the top-flight next season and that is despite an exodus of players that had to depart to comply with Financial Fair Play rules.
The rumors of a new contract surface at a time when some speculate O’Neil would be a candidate for the Liverpool position that will open at the end of the current campaign. The Premier League, Champions League, FA Cup, and League Cup victories were all cited by Jurgen Klopp as reasons for his departure from the Reds at the end of the current season. O’Neil has been mentioned as a possible contender by a number of people, including former England defender Gary Johnson and football financial expert Kieran Maguire.
The good news over O’Neil does stop there however after there was an admission that the club may have to sell one of their ‘prized assets’ this summer to stay within the parameters of FFP. Pedro Neto has been subject of interest from various clubs including Arsenal and Spurs, and is likely to be the player that could bring the highest transfer fee in to the club from the current set of players.
“We don’t want to sell more than two starters,” Hobbs said. “But if big clubs come [in] I’ve never been the person to stand in someone’s way as long as we can reinvest in the right way to move forward. We showed with other players leaving last year that we’re able to move forward with three or four starters going. We’re always looking to improve and we have the ability to turn down big offers, but every player has their number.
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