Cancelo has spent the past season on loan at Inter Milan therefore it appears Valencia are willing to sell the player, though the Portugal international has done enough to attract the attentions of Italy’s top club.
Juventus have dominated Italian football for the past half-decade, winning successive Serie A titles while reaching two Champions League finals in the past four years.
Wolves have benefited from their link with super-agent Jorge Mendes as they romped to the Championship title last season, and it appears they are putting the foundations in place for a long-term stay in the Premier League.
But despite having plenty of backing financially plus the aid of one of the most recognised agents in world football, they’re still someway off competing for coveted players against Europe’s elite.
Juve can offer Cancelo both a league title challenge and elite-level European football, therefore it is perhaps time for Wolves to back down in their pursuit of the 24-year-old and turn their attentions elsewhere.
The west Midlands club still have much room for improvement in their ranks and signing both a right-back or attacking right-sided player is still very much a priority ahead of the new campaign.
But beating Juve to the signing of Cancelo now appears an unrealistic target, therefore instead of wasting more time and effort on a losing battle, targeting a top-quality alternative should be their main focus right now.