Arsenal have been given a major boost to their hopes of signing Matheus Cunha. The 25-year-old forward was heavily linked a move to numerous Premier League clubs in the January transfer window following his impressive performances for Wolves.
Cunha, who sees his contract at Molineux expire in June 2029, has featured 26 times in the English top flight this season, scoring 13 goals and providing four assists. Playing a key role in Vitor Pereira’s side, the Brazil international has managed to drag Wolves out of the bottom three.
They’re far from safe though, with just five points – and a significant goal difference – separating them from Ipswich Town in the relegation zone. Cunha’s eye-catching displays haven’t gone under the radar, with Arsenal reportedly interested in securing his signature.
While he may have recently penned a new deal in the West Midlands, Wolves could be forced to cash in this summer. The club have announced they recorded a net loss, after interest and tax, of £14.3m during the 2023/24 season.
This is a reduction on the £67.2m loss they incurred in 2022/23. Wolves also recorded a net player trading loss of £2.6m during the 2023/24 campaign – a huge improvement on the £38.6m loss in 2022/23.
In an official statement, Wolves acknowledged the impact of the Premier League’s Profit and Sustainability Rules on business, highlighting the importance of player trading. An extract from the club’s annual report reads: “As is the case with all professional football clubs under the realm of the Premier League, there is a risk in respect of complying with the Profit and Sustainability Rules (PSR), where failure to meet the required thresholds can result in both financial and operational sanctions to the Group.
