Prijovic plays for Greek side PAOK, who he joined from Legia Warsaw. The Polish club are due a sell on fee of a potential deal.
Over the past fortnight Prijovic has been strongly linked with Leeds United.
This would be a fee potentially too high for Leeds to pay, but it would not be a problem for big spending and table topping Wolves.
Prijovic has scored 10 goals this season for PAOK, and has 60 goals across his last four campaigns.
He has previously netted in the Champions League against Borussia Dortmund, and scored the goal which fired Serbia to the World Cup back in October, his first strike at international level.
Prijovic has played in England before, contracted to Derby County in his younger days, where he was sent out on loan to Northampton and then Yeovil.