Transfer latest: Palace agree Strand Larsen deal
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The 21-year-old has started just three Premier League games and made seven substitute appearances in half a season at Molineux.
Wolves need a busy January if they are to have any hope of salvaging their season, and they are on the verge of sealing their another deal.
All the latest from the January transfer window as Aston Villa close in on re-signing midfielder Douglas Luiz and Adama Traore completes his move to West Ham.
FIFA’s international transfer report shows Manchester City are top spenders – with Wolves in seventh
The report details how Liverpool’s signings of Florian Wirtz (Bayer Leverkusen) and Hugo Ekitike (Eintracht Frankfurt) were the two most expensive international deals at £116m and £79m respectively, followed by Sesko (RB Leipzig to Manchester United for £66.4m), Woltemade and Martin Zubimendi (Arsenal from Real Sociedad for £55.8m).
Rob Edwards' chances of keeping Wolves in the Premier League could take a major hit before the January transfer window slams shut.
Bournemouth have made a double swoop in the transfer market ahead of their clash with Wolves. The Cherries will arrive at Molineux on Saturday with a bolstered squad after adding Brazilian winger Rayan and Greek goalkeeper Christos Mandas to their ranks.