Wolves have ended their talks with Lille over the loan signing of Portugal international Renato Sanches.
It was reported on Tuesday by talkSPORT presenter Alex Crook that Sanches was “set to join Wolves on loan from Lille” – but a deal has now fallen through, according to Sky Sports.
Both clubs have failed to reach an agreement over the deal and will not resume negotiations unless the French club are willing to make some compromises.
Sanches is currently sidelined with a knee injury and faces another month out.
The 24-year-old was highly rated when he broke through at Benfica. This led to him signing for Bayern Munich for around €35million in 2016.
With game time hard to come by, Sanches joined Swansea City on loan in 2017. He struggled in the Premier League as he only played 12 times.
Sanches has recovered since then, though, as he has rebuilt his career in Ligue 1 with Lille.
He made 23 appearances in France’s top flight last term, scoring once and providing three assists as his side won the league title.
The midfielder also featured for Portugal at Euro 2020, playing in all four of their matches as they were knocked out by Belgium in the last 16.
The Spain international has been linked with Tottenham ever since he featured against them in the Premier League on August 22.
He caused Japhet Tanganga all sorts of problems from left wing, although Spurs ultimately came out on top thanks to Dele Alli’s penalty.
Recent reports have suggested that Spurs and Wolves have agreed a £39m deal for Traore.
But according to David Ornstein of The Athletic, the move is ‘very unlikely to happen’ before Tuesday’s transfer deadline.
Wolves have set their asking price at £50m in order to ward off links with Spurs and other interested parties.
That sum isn’t expected to be met by the north London club’s chairman, Daniel Levy.