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Will Wolves beat Tottenham to Gedson Fernandes despite reported £38.5m bid?

Tottenham Hotspur's Argentinian head coach Mauricio Pochettino (L) congratulates Wolverhampton Wanderers' Portuguese head coach Nuno Espirito Santo...
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Wolverhampton Wanderers and Tottenham Hotspur are the two Premier League sides linked with Benfica’s Primeira Liga star Gedson Fernandes.

Gedson Fernandes of SL Benfica in action during the Liga NOS match between FC Porto and SL Benfica at Estadio do Dragao on March 2, 2019 in Porto, Portugal.

With Chinese billionaires at the helm, Wolverhampton Wanderers have some of the richest and most ambitious owners in all of European football. And this could be the summer where Fosun International really flex their financial muscles.

Wolves have already shattered their transfer record to sign Raul Jimenez on a permanent basis for £30 million, as reported by the Guardian; the Mexican costing £12 million more than their previous record-breaking Adama Traore.

And do not rule out Nuno Espirito Santo’s side exceeding that £30 million benchmark to bring yet another fresh-faced Portuguese starlet to Molineux.

According to A Bola, Wolves are very keen to sign Benfica’s 20-year-old stalwart Gedson Fernandes, although it seems they have since fallen behind Premier League rivals Tottenham Hotspur in the race to bring him to the Premier League.

Galatasaray's Moroccan midfielder Belhanda (L) vies for the ball with Benfica's midfielder Gedson Fernandes (C) during the UEFA Europa League round of 32 second leg football match between...

CM Jornal reported this week that Spurs have made a £38.5 million bid for Fernandes, who could potentially replace Mousa Dembele in North London.

So what an opportunity this is for Wolves to set down a marker and really make a statement in the transfer market.

With funds still tight at Spurs thanks to the billion-pound investment in their new, space-age stadium, Wolves have the disposable cash to blow Mauricio Pochettino’s side out of the water.

Gedson Fernandes of Portugal in action during the International Friendly match between Portugal U20 and England U20 at Stadium Municipal 25 April on March 26, 2019 in Penafiel, Portugal.