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Wolves transfer news: Wolves closing on Joao Palhinha and Matheus Nunes

Wolves are reportedly closing in on two new midfielders in Joao Palhinha and Matheus Nunes.

According to Correio da Manha, Wanderers are now nearing their first couple of additions this summer, with the transfer window open from today.

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And there is word on how much the Sporting CP will cost.

Apparently, Wolves are set to pay around €20 million (£17 million), plus €5 million (£4.2 million) for Palhinha.

And it’s stated that Nunes could move for €40 million (£34 million). CMTV pundit Paulo Catarro believes this to be the case.

That brings the potential total outlay to around £55 million.

It would be a big statement of intent from Wolves, who have not strengthened their midfield for several windows now.

Vitinha was brought in ahead of last season, but the youngster only came in on loan, and was not purchased last year.

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The last permanent midfielder signing was Leander Dendoncker back in 2019 after his initial loan.

It is a lot of money for the club to spend, should the two deals go through.

And it surely suggests that Ruben Neves will eventually be sold to cover the costs.

Neves remains linked with the likes of Barcelona, Manchester United and Arsenal.

Palhinha and Nunes would be welcome additions for Wolves, as new-look midfield becomes increasingly likely

Wolves signing Palhinha and Nunes – who is greatly admired by Manchester City boss Pep Guardiola – this summer would be very exciting indeed.

The pair have really shone for Sporting in recent times, helping the club to win the title in 2020/21 and come runners-up in in the season just gone.

Wolves’ midfield needs revitalising, and Palhinha and Nunes would absolutely help to do that.

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Obviously, losing a player of Neves’ quality would be a real blow.

But it’s possible that a new-look midfield consisting of Palhinha, Nunes and one other (perhaps Morgan Gibbs-White?) could actually see Wolves better off.