The Portuguese winger was last night withdrawn from the Olympiakos squad for their clash with rivals AEK Athens ahead of a possible move worth a reported £19million.
The 24-year-old, who was at the Greek derby, has been linked with a potential four-and-a-half year deal at Molineux.
Fellow target Nelson Oliveria was in action in the game, coming on as a first-half substitute for AEK in the goalless draw.
The former Norwich City striker, 28, is understood to remain a target despite his involvement in last night’s match. So far in the window, Wolves have added PSV Eindhoven defender Nigel Lonwijk, Barcelona SC attacker Leonardo Campana and Den Bosch midfielder Justin Hubner to their ranks.
But as the young trio prepare to link-up with the academy, Wolves legend Steve Bull is eager to see more signings to aid Wolves’ battle in the Premier League and Europa League before the window shuts on Friday.
He said: “I think we need more faces, we definitely need more faces. More competition in the side does not hurt anyone.
“I think Nuno would like some too, just so that during the midweek games he can rest some and bring fresh faces in. The more the merrier for me.”
Campana could return to Compton earlier than anticipated after his country Ecuador’s Olympic qualification hopes ended with defeat to Venezuela last week.
The 21-year-old is seen as one for the future and Wolves are currently working round the clock to try to bring in a senior back-up for Jimenez.
And skipper Conor Coady was full of praise for the four men who are currently battling it out for a spot in Wolves’ front three.
Speaking about top scorer Raul Jimenez, pace-man Adama Traore, 19-year-old Pedro Neto and returning forward Diogo Jota, Coady said: “They are all incredible footballers and we know what they are about.
“They have been doing it for us for years now.
“We know we can rely on them in every single training session, every single game.
“They are fantastic footballers who hurt teams.
“It is something where we try and get them on the ball as much as possible.
“The way they play, they are massive to the way we play and to us as a club.”