Wolves want to extend midfielder Joao Moutinho's contract at the club beyond its expiry date this summer, according to reliable journalist Liam Keen.

The Lowdown: Moutinho out of contract

The 35-year-old has been a fantastic servant for Wanderers since joining from Monaco in 2018, making a total of 170 appearances for the club.

Moutinho is out of contract at the end of the season, however, and there have been doubts over whether or not he would extend his stay at Molineux.

Now, a hugely promising update has emerged, in that respect.

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The Latest: Huge news emerges

Taking to Twitter on Friday, Keen confirmed that Wolves wants to extend Moutinho's time at the club, with the Portuguese also happy to stay put in the Premier League:

"Lage confirms that Wolves want to keep Moutinho and that he also wants to stay. Talks ongoing."

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The Verdict: Get that deal signed

This is a massive boost for Wolves, with Moutinho's experience and class in the middle of the park still vital, despite his advancing years. He averaged a 95.8% pass completion rate in the Carabao Cup this season, which speaks volumes about his class in possession.

With Ruben Neves potentially leaving Wanderers in the summer, it is doubly important that his compatriot remains at Molineux - losing both at the same time would feel like a hammer blow.

Moutinho may have to accept that he won't play every week moving forward, given his age, but the idea of him signing a new deal feels significant for Bruno Lage and everyone associated with Wolves.

In other news, one player has been tipped to start for Wolves next season. Find out who it is here.