Newly-promoted Wolves are looking to make another high-profile signing this summer by bringing in defender Pepe from Besiktas.
The 35-year-old centre-back, who has 99 caps for Portugal and featured at this summer's World Cup, is valued at £7million by Besiktas, and was left out of their squad for the Europa League qualifier against B36 Torshavn.
As reported by the Birmingham Mail, Wolves are eager to bring in another defender, although Porto are also interested in signing Pepe, who currently earns around £80,000 a week.
Pepe has under a year left on his current contract at Besiktas, whom he joined last summer following a trophy-laden ten year spell at Real Madrid.
Wolves have made some significant signings already in this transfer window, including Pepe's Portugal team-mate Joao Moutinho, who signed from Monaco for £5million.