Turning their focus towards the Club World Cup, Wolverhampton Wanderers have now reportedly made their first approach to sign a South American star this summer.
Who Wolves could sign next after Lopez
Wolves still have money to burn after welcoming Fer Lopez and could yet do so to make an emphatic statement ahead of Vitor Pereira's first full season in the charge. The sales of Rayan Ait-Nouri and Matheus Cunha may have dealt the Midlands club a frustrating double blow, but they have also provided those at Molineux with the funds to pursue names such as Harvey Elliott.
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£85m release clause: Wolves make first approach to sign South American gem
The Midlands club could sign the midfielder in a cut-price deal.
The Liverpool youngster seems to be edging closer to the exit door at Anfield and recent reports revealed that it is Wolves who are confident of getting a deal done to secure his signature. Priced at £40m, Pereira could yet welcome a player who just dragged England into the U21 Euros final with a fantastic winning goal to add to his first effort.
His price tag may seem steep on paper, but Elliott would be worth every penny on the pitch. At just 22 years old, the Liverpool gem is already a two-time Premier League winner and has also won both the FA Cup and Carabao Cup during his time in Merseyside. What makes those achievements even more special is the fact that he is yet to reach the peak of his powers.
Wolves have an opportunity to sign an underrated youngster this summer and must do everything to secure his signature. It's then that Elliott could also be joined by a Club World Cup star as the focus remains on welcoming exciting young talents in the Midlands this summer.
Wolves make first Wallace Yan approach
As reported by Globo Esporte and relayed by Sport Witness, Wolves have now made their first approach to sign Wallace Yan from Flamengo. The 20-year-old forward has a release clause to join European clubs worth €40m (£34m) and could yet swap South America for the Midlands as a result this summer.
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The young forward has already enjoyed the feeling of scoring against English opposition too, having netted Flamengo's third goal in a shock 3-1 victory over Chelsea at the Club World Cup.
A player who was described as "selfless" by analyst Ben Mattinson in April, Yan is full of potential and joining following former Fluminense midfielder Andre to Wolves could be the perfect way to reach that potential.
The deal won't come cheap, but the Brazilian proved that has the quality to match Premier League opposition when he squared off against Chelsea. Now, Wolves would be wise to make their move.