Speaking to The Sun, Wise insisted that The Lions had no chance of making the play-offs.
''We had talks with a few players," said the diminutive gaffer. "But we couldn't give them the money they wanted. Now it will be difficult for us to go up''
Wise's outburst comes just days after both Darren Ward and Daniele Dichio expressed their disappointment at the club's apparent lack of ambition. Dichio, who was signed by Wise last season, singled out Theo Paphitis for criticism on his personal website.
"The Championship is going to be a hard, hard league this season. Some good teams have come down from the Premiership and up from the Second Division and all of our main rivals from last year seem to have spent a bit of money on quality reinforcements. If we want to avoid falling behind them, I think we need to buy two or three players quickly."