Wolverhampton Wanderers have established contacts with FC Basel for winger Philip Otele, NEWSUNPLUG reports.
Otele is said to be keen on a move to the Premier League.
Basel are demanding £7m to sell the Nigerian, according to the BBC.
Wolves have, however, explored a loan‑with‑option structure that would include a loan fee.
Scottish Premiership giants Celtic and, Serie A club Lazio are also reportedly interested in the player.
Otele linked up with Basel from UAE’s Al Wahda last year.
He has scored 17 goals and registered seven assists in 51 appearances for the reigning Swiss Super League champions since his arrival at the club.