On the same day that it was confirmed that Wolves would not earn European football for next season, reports on Sunday also indicated that Ruben Neves is increasingly likely to leave Molineux this summer.
With Joao Moutinho due to turn 36 years of age in September, it potentially leaves Wolves needing to sign at least two central midfielders during the upcoming transfer window.
According to A Bola, Wolves remain the 'main favourite' to sign Palhinha, despite growing interest from Tottenham Hotspur.
The report says that the 26-year-old is seemingly certain to depart Sporting in search of a fresh challenge with the Portuguese outfit ready to demand at least £17m.
Much may depend on whether Spurs qualify for Champions League football, but Palhinha would be regarded as a certain starter at Wolves should he make the transfer to the West Midlands.
Monaco 
Stade Brestois 29 
Bordeaux 
Nimes 
Bayern Munich 
FC Augsburg 
Paris Saint Germain 
Toulouse 
CSKA Moscow 
FC Rostov 
Leicester 
Chelsea 
Valencia 
Betis 
Dynamo Kyiv 
Chornomorets Odesa 
Verona 
Inter 
Bayer Leverkusen 
FC Heidenheim 
Borussia Dortmund 
SC Freiburg 
VFL Wolfsburg 
Union Berlin 
Arsenal 
Nottingham Forest 
Everton 
Brentford 
Spartak Moscow 
Lokomotiv Moscow 
Rangers 
Dundee Utd 
Atletico Madrid 
Alaves 
Lens 
Marseille 
Ingulets Petrove 
Shakhtar Donetsk 
AC Milan 
Juventus 
ST Malo 
Manchester City 
Tottenham 
Eintracht Frankfurt 
Werder Bremen 
Girona 
Espanyol 
Feyenoord 
Heerenveen 
ST Etienne 
Montpellier 
Grenoble Foot 38 
Heart Of Midlothian 
Celtic 
Reims 
Lyon 
PSV 
Groningen