Wolves have turned down a £15million offer from Tottenham for Spain winger Adama Traore, the PA news agency understands.
Spurs head coach Antonio Conte wants the winger this month but the north Londoners’ bid has been rebuffed.
Traore has 18 months left on his deal at Molineux and has been unable to agree a new contract despite around 12 months of talks.
Wolves are hoping for £20m for the former Barcelona youngster, who cost a then club-record £18million from Middlesbrough in 2018.
Conte is reportedly keen to use Spain international Traore as a wing-back, echoing the success he had with Victor Moses at Chelsea.
The Italian wants to make his own mark at Tottenham after replacing Nuno Espirito Santo, who also wanted to take his former Molineux star to London, in November.
Traore scored his first goal since May in Saturday’s 3-1 win over Southampton but has come under fire for a lack of end product throughout his career.
He has scored just 10 goals in 152 appearances for Wolves and boss Bruno Lage has refused to offer assurances the 25-year-old would stay at Molineux.
He said: “I know nothing about it, but what is the most important thing in the world of football? It has to be good for the club and good for the player. I’m happy with my forwards. But you never know.”
Meanwhile, Arsenal legend Martin Keown has urged his former club to beat their arch-rivals to the signing of Traore.
Following his maiden goal of the season on Saturday, Keown said: “I feel Traore is awesome at times and just for once, we have the satisfaction of seeing it.
“It’s a lovely finish from him. I’d sign him if I was a manager. Arsenal – get in and buy him.”