Wolves have rejected a £50m bid from Newcastle for Jorgen Strand Larsen.
Wolves’ position is that he is not for sale in this window.
They believe he is too important and the lack of time left in the window is not enough to find a Premier League-ready replacement.
Newcastle are targeting Strand Larsen as the replacement for Callum Wilson.
Yoane Wissa has been another player they see potentially coming in for Wilson, however Brentford rejected a £40m bid for the striker last week.
The 25-year-old Norway international spent last season at Molineux, on loan from Celta Vigo, and scored 14 Premier League goals in 35 appearances.
Wolves exercised the option to buy him on July 1, when it was announced he had signed a four-year deal to join the club on a permanent basis.
Strand Larsen has started both of Wolves’ league games so far this term.
‘Pereira has stopped short of guaranteeing Strand Larsen stays’
Sky Sports’ Adam Bate at Wolves’ training ground:
Vitor Pereira has made it clear how important Jorgen Strand Larsen is to Wolves, but stopped short of guaranteeing that the Norwegian striker would remain at the club this summer amid reports of interest from Newcastle.
“He’s a very important player for us. I never talk with him about it. He’s our player. When I watch him on the training, he’s committed with everybody, committed with the team. He’s a fighter. He likes to win. He’s preparing himself to play tomorrow.”
Asked if Wolves could afford to lose a key player between now and the end of the transfer window, Pereira added: “I don’t know. The market is the market. If the window is open, the players can come and the players can leave. I believe this is possible.”
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