Liverpool youngster Rafa Camacho could yet remain in the Premier League next season.
The winger has been linked with a move to Portugal, where Sporting CP are keen.
However, Goal says Wolves are chasing Camacho ahead of the summer transfer window.
The 18-year-old, who joined Liverpool from Manchester City three years ago, has just one year left on his deal at the club.
Wolves are reportedly after him, along with RB Leipzig, Benfica and Sporting Lisbon.