WANDERERS are poised to shell out more than £500,000 on transfer fees.

But fans longing for the end of the embargo will have to wait in hope a little longer – the outlay is for two players who represented the Whites last season.

A payment of £250,000 owed for Wellington Silva, the Brazilian winger loaned from Arsenal, while a final £330,000 instalment is also owed to Liverpool for midfielder Jay Spearing as part of the deal which brought him from Anfield in 2013.

The structure of both transfers were agreed well before the arrival of Dean Holdsworth and Ken Anderson at the Macron but represent some of the hidden costs which have been incurred since they bought the club from Eddie Davies in February.

Considering the co-ownership went into last week defending themselves against concerns the playing staff would not be paid their salary in May, they begin this week sitting in a much more comfortable position.

Players were paid on time and when combined with the transfer fees of Wellington and Spearing, due tomorrow, they will have paid out more than £1.5million in five days.

Next month’s pay cheques will be the last at current levels before 21 professional players are released from the club.

On the manager front, Wanderers have planned to interview one more manager this week but are refusing to rule out the possibility of others.

With so much activity in the managerial market at present both Anderson and Holdsworth are keen not to rush into an appointment despite mounting pressure from the club’s fans.

It is now 11 weeks since Neil Lennon parted company with the Whites by mutual consent and though three official interviews have been held, one of the candidates, Chris Powell, has now taken up an assistant manager’s job at Derby County.

Wanderers are anticipating another one or two names to become available in the coming week but have penned in an interview on Wednesday with a manager who was on their original shortlist.

Meanwhile, former boss Lennon could make a move to Belgian giants Anderlecht, according to reports in Scotland.

The Northern Irishman lost out to compatriot Brendan Rodgers for the Celtic job but is keen to make a quick return to football.

“I was close to Celtic,” he told The Scotsman. “I just got pipped by Brendan. I was interviewed last week and then I got the shout on Friday they were going to announce someone else.

“So I am doing the Euros with the BBC and Irish TV and then I have a couple of options when I get back.

“I have an offer from abroad that I am seriously considering and there are a few jobs in England where I might get the opportunity to go and speak to clubs.

“There are a lot of clubs in England who will be looking for managers, so hopefully I will get back in.”