are rivalling Newcastle United
for West Bromwich Albion
striker Salomon Rondon.
The 29-year-old's loan at Newcastle finished at the end of the season and he has a £16.5million buy-out clause.
Newcastle manager Rafa Benitez wants to keep the Venezuelan but is having a meeting about his own future with Mike Ashley on Thursday in London
before ratifying transfer budgets.
Newcastle have still to make an offer for Rondon and that has opened the door for Wolves who want strong competition for Raul Jimenez.
Rondon finished the season with 15 goals for club and country and has one year left on his contract.
Dwight Gayle has been on loan at Albion and Newcastle have considered offering him as a part of a swap deal but the Championship side won't entertain that and want to treat the deals separately.
Wolves are an attractive proposition for Rondon having finished seventh in the Premier League with a talented squad and they are looking to kick on again next season. They want to upgrade their squad and have ambitious plans to develop Molineux also.
It's understood they have sounded out Albion over their valuation of Rondon and have made initial proposals as have a couple of clubs from Italy and Spain.