Jones to return to Wolves in Feb
Wolves will bring back Daniel Jones from his loan spell at Northampton at the end of the month.
Jones has made a big impact at Sixfields and caught the eye with a stunning free-kick goal for the Cobblers at the weekend.
Northampton boss Stuart Gray is hoping to secure Jones until the end of the season but McCarthy wants to bring back the Academy graduate.
"I haven't spoken to Stuart Gray yet but my intention is still to bring DJ back at the end of the month," McCarthy said.
If Jones does return, he will be competing with the apparently rejuvenated Matt Jarvis for a role on the left of midfield.