The Belgian moved to the Barclays Premier League outfit at the end of the summer transfer window, despite still having four years to run on his contract with the Wolves.
His sale - for a Bundesliga record fee of 75 million euros - was unavoidable, according to Allofs, with the money put on the table by City too much for the player to turn down.
"When a player comes to you with an offer from a club willing to pay him four times as much [as he is already earning], then you've got to consider what's going through his head," Allofs told Die Welt newspaper.
"We had looked for a solution which would have allowed us to keep hold of him for at least another year, but when that was not possible, it was clear that we would sell him."
Man city got the Money Bag
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