Wolves had their takeover approved in late July and are dark horses to win promotion to the Premier League this season.
Chinese investors Fosun International have signed four players and replaced a manager since they took control, and more additions are expected by the end of the transfer window.
Key to the takeover was 'super agent' Jorge Mendes, whose agency Gestifute are part owned by Fosun - while he also happens to represent Manchester United boss Jose Mourinho.
Manchester United manager Jose Mourinho
Here are three United players Wolves could target on loan deals...
England under-21 international James Wilson is highly rated and started United's first pre-season friendly under Jose Mourinho, but was left off their pre-season tour of China.
James Wilson celebrates after scoring on his Manchester United debut
Wilson has not kicked on since scoring on his debut for the club in 2014, and did not make the most of his loan spell at Brighton last year.
Yet the striker clearly has talent and Wolves could be the right environment for him to flourish. The striker does not figure to get many chances at United this season, and knows he must prove a point wherever he lands up on loan.
Talented left-back Joe Riley was handed his United debut under Louis van Gaal and impressed, but Luke Shaw's return from injury means his prospects will be limited.
Manchester United's Joe Riley in action with Midtjylland's Paul Onuachu
Riley is able to play in midfield too and could be a useful addition for Wolves, who could also have a chance of signing the 19-year-old permanently.
The teenager has played in the Europa League and FA Cup and needs to play competitive football in order to kick on.
Andreas Pereira is regarded as United's top midfield prospect, a player who is regarded by fans as highly as Paul Pogba was several years ago.
Manchester United's Andreas Pereira celebrates scoring
Pereira finds himself in a difficult position at United, with their current central midfield options more experienced and savvy, and he needs to play regularly.
He scored an impressive goal in pre-season but as the Premier League kicked off at the weekend he was not even on the bench, even with Pogba suspended.
The addition of the Brazil youth international loan would be a huge coup for Wolves, and not out of the question with Mendes in play.