Luke Murphy of Leeds United (R) and Aron Gunnarsson of Cardiff City in action
Wolves are one of the most active teams in the transfer market at present, fuelled by the recent takeover by Chinese investors.
They have been busy adding players from abroad, particularly Portugal, but if they are to be successful this season in winning promotion, they surely need to complement their new additions by also adding Championship experience.
One player who could be of interest is Leeds United midfielder Luke Murphy - who Wolves attempted to sign back in 2013.
The Express and Star reported in June of that year that Wolves were closing in on signing Murphy from Crewe, but were later beaten to the punch by Leeds United.
Nottingham Forest's Robert Tesche in action with Leeds' Luke Murphy
Murphy has had his ups and downs at Elland Road since, not helped by a succession of managers, and under new boss Garry Monk he has fallen out of favour.
HITC Sport understand Murphy is one of two players Leeds have told they can leave the club, with the midfielder not picked to start a single game so far this season.
Murphy, 26, is a proven Championship player, who would improve Wolves' options in midfield, potentially playing alongside new addition from France, Prince Oniangue.
Walter Zenga's side have five points from their opening three games, and are dark horses to win promotion in a very competitive league.
Money is not a restriction when it comes to Wolves signing players at present, and if they can offer Murphy first team football, the move is one which could tempt him.
Bakary Sako of Wolverhampton Wanderers in action with Scott Wootton (R), Luke Murphy (C) and Kalvin Phillips of Leeds United