Julen Lopetegui admits the uncertainly surrounding his future cannot be allowed to drag on.
The former Real Madrid manager’s long-term future at Molineux has been in the spotlight.
Financial fair play regulations will impact the club’s spending power this summer and Lopetegui has previously said he only discovered the constraints last week.
He has been calling for investment since securing Premier League safety and the manager will continue to speak to chairman Jeff Shi about what backing he will receive – but knows there needs to be a quick resolution.
He said: “I hope – we will see.
“I want to solve the problems. Maybe me or the club aren’t able to solve them 100 per cent, but I think we have to try, for our fans, for our club, for our history and for our future.
“If we want to be demanding in the future we have to demand now with ourselves and with this summer.
“I have a contract and I’ve been here for six months. I’m very happy here and I hope I can continue being happy here.
“But we have a problem and we must be honest and look each other in the eyes to try to solve the problems.
“Maybe not 100 per cent, but maybe 80 per cent, who knows?
“This is all. About my future, I have a contract and we will see what is going to happen, This is football, we don’t know.
“We have to talk, it’s not about one or two days. We have to talk about the solution and the future to be able to have a squad ready to compete again.
“This year has been a wake-up call. We have to learn why it has happened and to overcome and make our homework this summer. It’s not about one or two days. We need a clear picture.
“It’s important to have the squad ready. Maybe not 100 per cent of players but maybe 90 per cent. For me it’s very important, to have the squad ready to start working with us on July 1.”
Wolves to go Arsenal for Sunday’s Premier League finale and Joao Moutinho will not feature and is likely to have played his last game for the club as he is out of contract in the summer.
Sasa Kalajdzic (knee) is out while Lopetegui himself is banned from the touchline for collecting four yellow cards.
He added: “On Sunday we have an important match because it’s the last of the season. They have been very close to winning the Premier League and will want to make a good match in front of their fans. We have to be ready to compete with them.”
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