Julen Lopetegui laments Wolves' frugal summer spending with no additions beyond Matt Doherty thus far

Manager Julen Lopetegui has revealed his frustration at Wolves' transfer woes and admitted the club are struggling to sign players, with Republic of Ireland defender Matt Doherty the only incoming on a free transfer.

The head coach feels the problems spell "bad news" for him as he tries to rebuild after Premier League survival last season.

Wolves have signed just Doherty on a free transfer, with the Dubliner returning to Molineux three years after leaving for Tottenham.

They are interested in Bristol City's Alex Scott and West Ham's Aaron Cresswell but have sold Ruben Neves, Conor Coady, Nathan Collins and Raul Jimenez to raise around £84 million (€98m).

Lopetegui needed assurances at the end of last season that Wolves, who need to comply with financial fair play rules, could invest and compete after he guided them to Premier League safety but remains unhappy.

"I came here with a project and idea that, if we were able to save the team, we would be able to improve," he told Guillem Balague's Pure Football podcast.

We need your consent to load this YouTube content We use YouTube to manage extra content that can set cookies on your device and collect data about your activity. Please review their details and accept them to load the content. Manage Preferences

"It was bad news for me. I tried in the summer. This was plan A. We went to a plan B, trying to think about cost-effective players, but it's true at the moment we can't develop this plan, too.

"We lost a lot of players and we think the club want to sell more players. In this situation, we need players to balance the squad and be competitive in the Premier League.

"I know the sporting director, Matt Hobbs, and the recruitment, all this team, have worked very hard to have a