Wolves are set to miss out on Argentinian starlet Maximo Perrone, who is expected to complete a move to Manchester City this week.
The Daily Mail have reported the Premier League champions have fought off interest from Wanderers and Newcastle United to land the 19-year-old.
There was also interest from Benfica.
He will play in the South American U20s Championship for Argentina this month.
But after that, it’s expected he’ll head to the Etihad.
City are understood to be paying £6.5 million to Perrone’s club Velez Sarsfield.
It is understandable City are turning to the Argentinian market once again.
Last year, they signed Julian Alvarez from River Plate and while Erling Haaland has been the talk of the town so far, he has been terrific since his arrival.
He also starred for Argentina at the World Cup and ultimately won the competition in Qatar.
City have had great success over the years with players from Argentina, such as Sergio Aguero, Pablo Zabaleta and Carlos Tevez.
It is unclear if Wolves ever really got that near to signing Perrone.
But it looks as though the club will again be missing out on a highly rated player from the South American country.
Of course last summer, Wolves were heavily linked with a move for Enzo Fernandez.
Wanderers decided against the move, and he ultimately headed to Benfica.
Fernandez has become one of the most coveted young players in the world, and was recently linked with a move to Chelsea for a British transfer record.
Manchester City signing Maximo Perrone is concerning, after Wolves missed out on Enzo Fernandez
So, it looks like Pep Guardiola will likely get his man.
And one can’t help but think Wolves are missing out here.
Perrone is clearly a top young talent for City to be interested in him, and there’s a good chance he’ll become a success there following the exploits of Alvarez so far.
Wolves missed out on Fernandez and he’s gone in to become a supremely talented footballer, who could move for big money very soon.
It’s possible Wanderers could have a similar situation on their hands with Perrone.