Wolverhampton Wanderers have set a £17 million price tag on out-of-favour winger Goncalo Guedes, according to Estadio Deportivo.

The Portuguese international has been the subject of interest from several La Liga clubs after struggling to make a significant impact since his £27 million move from Valencia last summer. Despite his talent, Guedes has been limited to sporadic appearances under manager Gary O’Neil, leading to speculation about a potential move away from Molineux.

With the January transfer window approaching, Wolves are open to allowing Goncalo Guedes to leave on a permanent deal but are determined to recoup a significant portion of their £27 million investment.

Several Spanish clubs, including Villarreal and Real Sociedad, are closely monitoring Guedes’ situation. Both teams are looking to strengthen their attacking options and view the former Valencia star as a potential key addition.

A move to Villarreal could be particularly appealing for Guedes, as he enjoyed the best period of his career under manager Marcelino Toral. The Spanish side are currently in an impressive fourth place in La Liga, and the chance to reunite with Toral could be a tempting proposition for the 27-year-old.

A return to Valencia is also a potential option for Goncalo Guedes, with Los Che currently languishing in 19th place in La Liga. The struggling side could benefit from Guedes’ talents to help lift them out of their current slump.

While a loan move could be considered, Wolves are understood to prefer a permanent transfer. The club is looking to negotiate a deal but will not accept a low-ball offer, especially given the significant sum they paid for him last summer.

If Guedes departs, Wolves could free up crucial funds to reinvest in their squad, particularly looking to strengthen their midfield and defense in order to climb out of the relegation zone.

This weekend, Wolves face Fulham at Craven Cottage, aiming for three points after securing their first win of the season against Southampton before the international break. Another victory would boost their survival hopes as they continue their battle to stay in the Premier League.