Uche has been expected to leave Getafe this summer, with clubs across Europe keen on the young Nigerian.
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Express & Star says Wolves are now in talks with Getafe for Uche.
Negotiations are at an advanced stage with Wolves aiming to sign Uche in the coming days.
Uche made 38 appearances in all competitions last season, scoring four goals and registering six assists. His deal with Getafe runs to 2028.