The Premier League's second-to-last team has sold their key striker for £50 million after scoring only 1 goal in 21 matches this season.

Is the Premier League's second-to-last team doomed? Since Wolves are at the bottom of the Premier League, 17 points behind the safety zone, they are selling their leading striker, indicating they have accepted relegation and are ready for next season in the Championship.

According to the latest news from Italian transfer specialist Romano, Crystal Palace has acquired Wolves' Norwegian striker Larsen for a total fee of £50 million, consisting of a fixed £45 million plus £5 million in potential add-ons.

Larsen joined Wolves on a season-long loan in the summer 2024 window for €3 million, then made a permanent move in summer 2025 for €27 million. To date, he has played 63 matches across all competitions for Wolves, scoring 20 goals and providing 7 assists.

Now 25 years old, Larsen stands 1.93 meters tall, is a Norwegian striker, right-footed, and valued at €40 million by Transfermarkt. This season, he has appeared in 21 Premier League games, starting 14 times, totaling 1382 minutes on the pitch but scoring only 1 goal. Larsen’s form this season has been poor. Despite Wolves facing relegation, selling Larsen for a total of £50 million is quite a profitable deal. The club, backed by Chinese investment, is not wealthy, and if they drop to the Championship, Larsen would struggle to fetch such a high fee again. This makes it an excellent transaction, with agent Mendes playing a key role.