Wolves have failed with an offer for Chelsea defender Renato Veiga.
TalkSPORT says Wolves had a bid for the Portugal international rejected this week by Chelsea.
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Veiga, 21, is ready to leave Chelsea this month after being frustrated by a lack of regular minutes this season.
The defender has also been linked with Bundesliga and Serie A clubs.
It's yet to be confirmed if Wolves will make a second bid in the coming days.