Wolves may have seen an offer in excess of £5 million rejected by Reading for talented young midfielder Michael Olise.

According to the Reading Chronicle, the Championship club are fielding interest from three Premier League sides over the 18-year-old, Wolves being one and the others being Arsenal and Leeds United.

Derby County v Reading - Sky Bet Championship
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The publication claims two of the three teams have seen bids of over £5 million turned down for Olise, with the Royals requiring ‘a much greater offer’ to sell him.

This season, Olise has already caught the eye by scoring one goal and assisting twice.

The Daily Mail have reported that the teenager is ‘likely’ to leave the Madejski Stadium before Friday’s domestic transfer deadline, meaning it may not be out of the question that Wolves will add one more new face.

It’s been a busy summer at Molineux, with six new faces coming in (not including Matija Sarkic) and two key outgoings in Matt Doherty and Diogo Jota.

Derby County v Reading - Sky Bet Championship
(Photo by Ross Kinnaird/Getty Images)

Fans have been wondering if there will be any more activity, and it appears there may be a slim chance of one more player coming in.

One last Wolves swoop?

Realistically it is probably unlikely Wolves will be bringing anyone else in before Friday.

Olise is a promising young talent, but ultimately he hasn’t been on the scene for long and is still very young.

The versatile starlet is supposedly valued at considerably more than £5 million by his club which, it has to be said, would be a bit of a gamble for a Premier League club at this stage.

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