Wolverhampton Wanderers reportedly want to sign the Lazio centre-back.
According to a report from the Daily Mail, Lazio ace Wallace is the player most likely to join Wolves this summer.
The Black Country outfit were mightily impressive upon their return to the Premier League last season, ending up in seventh position in the table.
Wolves will have their work cut-out this season, however, with Europa League football to contend with.
Nuno Espirito Santo has already brought in Patrick Cutrone from AC Milan for £16 million (BBC Sport), and Jesus Vallejo on loan from Real Madrid (BBC Sport).
They will undoubtedly need more new arrivals, however, if they are to enjoy a successful campaign this season.
And according to the Daily Mail, 24-year-old Brazilian Wallace is the player most likely to move to Molineux.
According to a report from La Lazio Siamo Noi, Wolves are ready to pay £6.5 million for the South American ace.
Wallace is a big and powerful centre-back, and he seems to have all of the attributes needed to succeed in the Premier League.
And if Wolves manage to snap him up for just £6.5 million, it might end up being a real coup for the Black Country club.
Receive exclusive football transfer news and updates twice a week to your mailbox
