Wolves fail in £2.5m bid

Wolves have failed in a bid to sign Cardiff midfielder Joe Ledley.

Molineux boss Mick McCarthy had lined up a deal that would seen Wolves shell out an intial £2.5m for the Welsh international rising to £3.5m with various add ons.

But Ledley has opted to stay with the Bluebirds, who are managed by ex-Wolves boss Dave Jones.

"When the offer for Joe Ledley was received, Dave Jones and I called him into the office and told him," said Cardiff chairman Peter Ridsdale.

"It was his decision to stay with Cardiff City and we are delighted with that."