Chairman Jeff Shi has been on the lookout for a new boss since sacking head coach Bruno Lage last week.
What’s the latest news involving Lopetegui?
According to Sky Sports, Wolves are expected to hold talks with Lopetegui over the vacant head coach role this weekend.
The report suggests the 56-year-old, who has previously bossed the likes of Spain and Real Madrid, is represented by Jorge Mendes – a close associate of the Premier League club’s ownership and is the agent of several Molineux stars.
It is understood that Lopetegui has been identified as Wolves’ top target to replace Lage at the helm after a shortlist was compiled by the hierarchy.
The West Midlands outfit have been boosted by the fact the Spaniard was axed by La Liga giants Sevilla in midweek, following their Champions League defeat to Borussia Dortmund, meaning they will not need to pay a compensation fee to secure his services.
However, respected journalist Guillem Balague has revealed that Lopetegui is not guaranteed to take over at Molineux.
What has Dean Jones said about Lopetegui?
Lopetegui has previously admitted that he was close to being appointed as Wolves’ head coach in 2016, only for the Spain job to come his way, so Jones feels he would be open to succeeding Lage.
The journalist believes the out-of-work manager would be confident of lifting Wanderers, who are currently languishing in the Premier League’s relegation zone, away from the bottom three.
Jones told GIVEMESPORT: “He was willing to do it back then and it was only other circumstances that meant he didn’t take the job.
“I think that he would probably look at this team and think that he could turn things around.
“Obviously, if they’re going to let him invest, too, then I think that could be a good fit.”
Would Lopetegui be a good appointment by Wolves?
Although Lopetegui was sacked by Sevilla earlier this week, he has enjoyed a hugely successful managerial career and led the Spanish club to Europa League glory.
He would also bring a winning mentality to Wolves as he has secured 221 victories from his 368 matches in the dugout.
Welcoming Lopetegui to Molineux would show the ambition of Fosun International, who completed their takeover more than six years ago.