The 21-year old, who is set to star with the Red Devils at the World Cup, scored 15 goals in the Premier League last season for Everton. Despite impressing in his second successive season of top-flight football, he is still unsure of his future, with Blues boss Jose Mourinho refusing to be drawn on confirming his plans for next season.
A deal for Diego Costa is said to be completed, and it is hard to see where this would leave Lukaku in the pecking order. Moves to Atletico Madrid, Juventus, and back to Everton have been rumoured, although VfL Wolfsburg sporting director Klaus Allofs has now confirmed his interest in bringing the youngster to Germany.
However, in an interview with German outlet kicker-Sportmagazin, Allofs revealed that any move for the striker will wait until after the World Cup, and is dependant upon a consistent valuation of the player.
He said: "If the player is getting cheaper, maybe this affair is picking up pace. But even then we won’t be the only club chasing the player’s signature.
"Actually we are looking at top-class strikers and we do not have any pressure. We are patiently waiting for the right moment.
"There will be some movement in all of this after FIFA World Cup tournament."
Despite implying that Wolfsburg are not willing to spend highly on the player, they bought Lukaku's Belgian teammate Kevin De Bruyne for €25 million in January, and were reportedly willing to offer €30 million for the striker. Aside from Financial Fair Play restrictions, there is no monetary weight on the Bundesliga side, who are owned by Wolfsburg-based Volkswagen.
They have already been busy this transfer window, signing Sebastian Jung from Eintracht Frankfurt, Aaron Hunt from Werder Bremen, and Fagner from Corinthians, and investors are willing to inject more funds into the club as they search for Champions League football.