The summer's first bidding war may have just been given the green light.
The availability of Pedro Neto will have alerted many of the Premier League's top sides, with the Molineux outfit set to cash in on their star man at the end of the season, talkSPORT understands.
Wolves must offload players if they are to grant manager Gary O'Neil his wish of adding a new striker and centre-back to his ranks over the summer, whilst still meeting FFP regulations.
The Black Country side are just about breaking even on the Premier League's strict Profit and Sustainability Rules (PSR), and Neto appears to be the most likely sale.
It is understood that Wolves will not stand in his way should a Champions League club make their move, with Arsenal and Spurs among many interested in the winger.
The Portugal international has been in fine form this campaign, registering two goals and eight assists, the third-highest in the league, despite missing two months through injury.
Injury has been a recurring theme in the 23-year-old's career so far, but his abilities have caught the eye of some of the game's biggest names.
In 2021, Manchester City boss Pep Guardiola sung the praises of the fleet-footed attacker, commenting: «Neto is an incredible player.»
Having splashed out a record £53million on Neto's former teammate Matheus Nunes, and with Guardiola a clear fan of the assist king, it may not be surprising if City produce the club-record £60m fee Wolves will demand to secure his services.
The champions will have to see off rival competition if they are to pull off the move, with long-term admirers Arsenal also believed to be in the market.
An offer from the Gunners could certainly turn Neto's head, as he has previously admitted to supporting the north
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