Sporting CP are still looking to tie Manuel Ugarte down to a better contract, amid recent links to Wolves.
The Uruguay international is one of the most coveted young midfielders in Europe at the moment.
Ugarte has enjoyed a fantastic season over in Portugal, playing 37 games across all competitions so far.
Ugarte has thrived in Sporting’s midfield since the departures of Matheus Nunes and Joao Palhinha.
His performances have led to interest from several clubs, including Wolves.
It was claimed recently that Wanderers could make a move for Ugarte who is represented by Jorge Mendes, as a replacement for Ruben Neves. Apparently there were talks between the two clubs.
It is widely expected that the 26-year-old will be leaving in the summer, when he will only have on year left on his contract.
But Sporting are seemingly determined not to lose Ugarte.
They are apparently still trying to agree a new deal with the South American.
A Bola report that they are trying to increase his wages and also his release clause, which is currently thought to be around £53 million.
Apparently, Ugarte did reject an offer from the Portuguese giants recently.
It remains to be seen if the youngster will give the green light to an improved offer.
Manuel Ugarte would be an amazing signing for Wolves – hopefully he doesn’t sign new contract at Sporting
It will be a travesty if Neves leaves Wolves. And if Ugarte has signed a new contract come the summer, that would make the situation even worse.
Even though he got sent off against Arsenal in the Europa League last week, Ugarte is the real deal.
He has a wonderful passing range like Neves and gets through a lot of dirty work operating just in front of the defence.
In an ideal world, he will not agree a new contact between now and the end of the season. Wolves will stay up, and then make a move for him if Neves does indeed go.