Wolves face fight to keep star striker

The Magpies are in the market for another forward after losing Callum Wilson and the ongoing saga with Alexander Isak's potential departure.

As exclusively revealed by the Express & Star earlier this summer, Newcastle hold strong interest in Larsen and talks have already begun between intermediaries over a potential deal but the clubs are not in direct contact and will only hold negotiations if they believe they are getting closer to agreeing a fee.

It is understood it will take a package worth at least £60million for Wolves to consider any sale, but the club are desperate to keep hold of the striker who scored 14 Premier League goals last season.

Wolves will also need to bring in two forwards as a replacement for Larsen if he was to leave, with less than two weeks left until the transfer window closes.

Isak's future and Newcastle's attempt to sign Brentford's Yoane Wissa could also impact whether the Magpies make a firm offer to Wolves for Larsen.

The Norwegian international is not pushing for a move away from Wolves, however it is understood that he has agreed personal terms with Newcastle.

Wolves paid a £2.5million loan fee to sign Larsen from Celta Vigo last year before spending £23million this summer to make it a permanent move.

Meanwhile, Hwang Hee-chan could depart before the window closes with Crystal Palace keen on his signature.

The Eagles are working on a loan deal and it is understood the sticking point for the move is that Palace are asking for a loan with an option to buy him permanently, while Wolves are asking for an obligation to buy him for a set fee.

Palace are also willing to pay a loan fee, while Hwang has agreed personal terms with them.

All parties are open to a move this summer - with Wolves working on signing a new forward - but a deal is not yet agreed.

Wolves previously turned down a £21million offer from Marseille for Hwang last summer.

Hwang has struggled for game time under Vitor Pereira and was rarely used in pre-season, although he did come on as an 82nd minute substitute against Manchester City at the weekend.