Wolves were today in a £1million scramble for Blackpool defender Alex Baptiste while they were have announced the signing of a Welsh star of the future.
They are also weighing up a cash bid to prise striker Marlon King from Birmingham.
The club are in talks with the Tangerines to sign Baptiste, who is playing right back but is a career centre-half, after failing with a bid for Birmingham’s Curtis Davies.
But Wolves face stiff competition from Blackburn and Leicester, who had a £1m bid rejected at the start of the month for the former Mansfield man.
Baptiste, who is 27 today, is out of contract this summer and managerless Pool don’t need to sell.
Wolves also today announced the capture of Newport County midfielder Lee Evans for a nominal fee.
The 18-year-old creative midfielder underwent a medical yesterday before agreeing personal terms.
Evans has been watched regularly by Molineux scouts this season as well as Stoke and Leeds, making 22 appearances for the Blue Square Premier high flyers, scoring three times.
Wolves, who are also expecting a late bid for Roger Johnson from an undisclosed club, have cancelled the contract of forgotten defender Steven Mouyokolo.
The 26-year-old, a £2.5m signing from Hull in June 2010, has had his contract cancelled by mutual consent.
Mouyokolo, who had another 18 months on his deal, became the second Wolves player of the day to be paid up after Ronald Zubar, who has signed for French outfit AC Agaccio.
Wolves have rejected a £1m bid for striker Sylvan Ebanks-Blake and an offer for left-back Stephen Ward, believed to be from Crystal Palace and Nottingham Forest respectively.
Manager Dean Saunders is really keen on King, who is available for nothing, but their chances of signing him depend on their offer with Blues unwilling to sell to a rival.
But Wolves could yet face more challenges to their resistance to hold onto their strikers before tonight’s 11pm deadline.
Hull have Ebanks-Blake on their radar but insist they haven’t had a bid rejected, with their main target Queens Park Rangers’ DJ Campbell, who has also been linked with Wolves.
Wolves also have one eye on developments at Celtic, who are expected to turn to Kevin Doyle if they sell Gary Hooper to Norwich.