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Wolves manager Julen Lopetegui’s future “is in doubt” because of the club’s financial situation, says Spanish football journalist Guillem Balague.

Lopetegui, 56, said last week that it would be “difficult to compete” in the Premier League without investment.

The Spaniard added he had only recently been made aware of the club’s Financial Fair Play (FFP) problems”.Talks this week between the club and Lopetegui will give us a clearer picture,” Balague said.

With the club unable to get the signings or investment they promised him and instead having to sell to keep up with FFP, his future is in doubt even though he is under contract.”

Former Spain and Real Madrid boss Lopetegui led Wolves comfortably clear of the Premier League’s relegation places following his appointment in November, when the club was bottom of the league.

They are only the fourth side in the Premier League era to stay up after being bottom on Christmas Day and secured their top-flight status with three games remaining.

Lopetegui has won nine of his 22 league games in charge and the club are 13th before the final match of the season.

However, the Spaniard said he had been made aware of issues he “didn’t know before” in a meeting with chairman Jeff Shi.

Premier League rules mean clubs can only accumulate losses of £105m over a three-year period.

In their last financial results Wolves posted a £46.1m loss, before adding 10 senior players this season – plus two more on loan – suggesting further losses on their next accounts.

Spanish police have detained three people in connection with the abuse directed at the Brazilian at Mestalla Stadium on Sunday.

Valencia have also been fined 45,000 euros (£39,000).Vinicius’ late red card has been rescinded, meaning he will not have to serve a suspension.

Valencia called the decision to partially close their stadium “disproportionate, unjust and unprecedented” and said they intend to appeal against that part of the sanction.Valencia have collaborated from the first minute with the police and all relevant authorities to clarify the events that occurred,” a statement from the club read.

“In addition, we have applied the maximum possible sanction with the ban for life from our stadium for racist behaviour of the fans identified by police.”

The closure will apply to the Mestalla Stadium’s south stand, an area a clearly angry and emotional Vinicius was seen pointing to during Sunday’s second half before reporting the issue to the referee.

The Spanish Football Federation (RFEF) also said Vinicius, 22, will not be suspended after being sent off in the 97th minute of the 1-0 defeat and is available for Wednesday’s game against Real Vallecano.

Vinicius was sent off following a video assistant referee (VAR) check for pushing Valencia forward Hugo Duro to the floor. However, the footage the VAR showed the on-field referee did not include the part where Duro grabbed the Brazilian around the neck before the incident, which is also a red card offence.

The RFEF said in a statement that the referee’s decision to dismiss Vinicius was due to him being “deprived of a decisive part of the facts”, adding that it was “impossible for him to properly assess what happened”.

Explaining the partial stadium closure, the RFEF added: “It is considered proven that, as reflected by the referee in his minutes, there were racist shouts at Vinicius, altering the normal course of the match and considering the infractions very serious.”

The match was paused in the second half as an incensed Vinicius reported opposition fans to the referee.Real has reported the abuse towards Vinicius to the Spanish prosecutor’s office as a hate crime.

A number of Brazilians protested outside the Spanish consulate on Tuesday. Spanish government spokeswoman Isabel Rodriguez said: “Spain is fighting this behaviour. We condemn it and we are working to eradicate it.”

Real Madrid manager Carlo Ancelotti said Brazilian Vinicius is “very sad” but overwhelmed by the support he has received and believes he will stay in Spain despite the abuse.I don’t think [he will leave Spain], because he loves football and he loves Real Madrid,” said