Wolves have been given fresh hope of signing Valencia winger Goncalo Guedes, with the La Liga club in need of generating money this summer.

The Lowdown: Guedes linked with Wolves move

The 25-year-old enjoyed an impressive 2021/22 season for Valencia, scoring 11 goals and registering six assists in La Liga and standing out as his side's best player - none of his teammates registered a higher average match rating, managed more goals or provided more assists.

Wolves have been linked with a move for Guedes in the recent past, as Bruno Lage looks to make attacking reinforcements, but a move is yet to be sealed.

That could be about to change, however, following a new update from Spain.

The Latest: Wanderers given fresh hope

According to Plaza Deportiva [via Sport Witness], Wolves 'have already sounded' Guedes out as a summer target, with Valencia needing to generate €30million (£25.5m) in the coming months.

They need funds 'as soon as possible', potentially playing into Technical Director Scott Sellars' hands.

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The Verdict: Snap him up Scott

Wolves were lacking attacking thrust throughout last season, scoring 38 goals in as many matches in the Premier League, and Guedes could be someone who improves that area of weakness.

The Portuguese gem has 66 goal involvements in 178 appearances for Valencia (36 goals and 30 assists), highlighting the end product he possesses, and he could provide great competition for the likes of Pedro Neto and Daniel Podence.

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With Adama Traore possibly moving on permanently this summer, the funds would likely be available for Wolves to snap up Guedes, with his peak years still likely to be ahead of him.

In other news, a key Wolves transfer update has emerged. Read more here.