Wolves battle Leeds to sign Chris Wood

Striker Chris Wood is mulling over a move to Molineux with Leicester City believed to have accepted a bid of around £1million.

The former Albion striker has been on head coach Kenny Jackett's radar for a while and he nearly signed him last summer.

And Wolves are going head to head with Leeds United for his signature after they had a bid accepted last week.

Wolves are thought to have had an initial bid for Wood knocked back, but went back with an improved offer which met Leicester's valuation.

Jackett, who worked with the New Zealand international when he was on loan at Millwall, played down his interest in the striker.

But sources have suggested that it is a battle between Wolves and Leeds for Wood's services.

QPR are also believed to interested but have not yet lodged a bid.

Wolves chased the player last summer but couldn't agree a fee or personal terms.

Wood is surplus to requirements at the King Power Stadium, with Leicester's big-money signing of Japanese striker Shinji Okazaki pushing him even further down the pecking order.

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Leicester paid around £2m plus add-ons when they signed him from Albion in January 2013.

But he has just 12 months left on his current contract.

Wolves will be confident of having the financial muscle to offer Wood a more lucrative contract than he might get at Elland Road.

But Leeds are more likely to guarantee him first-team football, something 23-year-old Wood will crave after a truncated career which has included six loan spells.

Albion signed him aged 18 and sent him on loan to Barnsley, Brighton, Bristol City and Millwall, with the latter yielding his most high-profile spell as Wood scored 11 goals in 18 starts under Jackett.

Wolves also have Inter Milan striker Samuele Longo on their radar and have also looked at Crystal Palace's Dwight Gayle and Cardiff City's Joe Mason.