Wolverhampton Wanderers are now closing in on the signing of Atletico Madrid's Matheus Cunha, according to a new report from Marca, Spain's national daily sport newspaper.

The Lowdown: Wolves need a forward

It is no secret that Wolves have had a disappointing start to the season, not least because of their woes in the opposition box, with Hwang Hee-chan, Diego Costa and Raul Jimenez all goalless in the Premier League up to this point.

Currently bottom of the table and four points adrift from safety, new manager Julen Lopetegui has been drawn to options in the transfer market to alleviate their plight, and he is now said to be poised to strike a deal for Cunha...

The Latest: Nearing agreement

According to Spanish news outlet Marca, Wolves are 'close' to reaching a definitive agreement with the forward, as the end of his time with Atletico Madrid is said to be drawing near.

The final transfer fee and personal terms with the player still need to be agreed upon, but this update certainly contradicts claims from The Athletic this week that a deal is not yet advanced.

The Verdict: Get it done

The Brazilian would tick all the boxes for Wolves at a time when they need a creative spark in the frontline, with journalist Josh Bunting describing him as 'fantastic', while also pointing out that he 'loves driving at defenders.'

In order to get the likes of Costa firing, the versatile forward, who can play across the front three, would be of great use to Lopetegui, as indicated by ten assists in 40 appearances while with Hertha Berlin, also displaying his qualities in front of goal with an impressive 13 strikes in that timeframe.

It is clear that Wolves need a new option in attack if they are to stand a chance of getting themselves out of a relegation dogfight, but if they manage to do so, Cunha would also be great long-term signing to help the club build back up to being European contenders once more, given the fact that he is still just 23.

Reports of the deal now being close to completion should be exciting news for Wolves fans, as they may have identified a player who can star at Molineux for years to come.