Helder Costa was Wolves' star man last season but could find himself well down the pecking order if Rafa Silva arrives from Benfica.
Wolves were close to signing Locadia for £10 million in the summer - but the PSV frontman has been replaced by Feyenoord's Jorgensen as the no 1 target.
The Brazilian forward has been in outstanding form for Wolves this season.
Wolves took a risk when they sold Nouha Dicko to Hull City - especially with the unknown Leo Bonatini arriving in his place.
Benfica paid £14.5m for Rafa Silva last year but the Primeira Liga champions could now let him leave for Wolves.
Wolves have been linked with Feyenoord striker Nicolai Jorgensen but should Newcastle use their Premier League status to win the race?
Wolves are keen on Everton target Nicolai Jorgensen.
Leo Bonatini has scored for fun in Wolves colours but Nicolai Jorgensen could be the difference maker at Molineux.
Morgan Gibbs-White is on the radar of Tottenham, Arsenal and Liverpool - but can Wolves hang on to the Under-17 World Cup star?
Tottenham Hotspur are said to be keen on Wolverhampton Wanderers attacker Morgan Gibbs-White.