Matheus Cunha’s proposed move to Wolves could end up costing the club £40 million.
TalkSPORT’s Alex Crook has reported this afternoon that the Brazilian’s move to Molineux is moving closer.
Wolves and Atletico Madrid have been in talks for weeks over the 23-year-old.
He is not in favour at the Wanda Metropolitano, and Atleti are more than happy to offload for the right price.
Having missed out on a place in the Champions League knockout stages, the Spanish club are looking to raise funds.
According to Crook, Cunha’s move to Wolves in very much on. And he says that a deal could be worth up to £40 million in total.
But he also states that he will likely join on a loan basis first.
There were reports previously that Atleti wanted £26 million at the very least for their player.
It could be that Wolves pay a fee around that figure, and add-ons could take it closer to the £40 million mark Crook is suggesting.
The development is encouraging.
Last week, it all went a little bit quiet on Cunha.
And there were a few claims that other clubs had joined the hunt, leading some Wolves fans to worry he wouldn’t join.
Fans watched as something similar happened with Joao Palhinha in the last window.
But Wolves appear to be leading this race.
Encouraging claims over Matheus Cunha as Julen Lopetegui closes in on first Wolves signing
It sounds very much as though Cunha to Wolves is seriously close now.
It just remains to be seen how this deal is structured.
Given Atleti’s supposed need to raise funds, it would be no surprise if Wolves were obligated to pay after the intial loan.
Or it may be that there’s a clause where Cunha must be purchased if he makes a certain number of appearances.
Whatever the basis, hopefully Wolves can now just get this over the line.