Wolves are in advanced talks with João Moutinho, last season's player of the year, over a new contract.

Moutinho is in line for a two-year extension as Nuno Espirito Santo moves to keep the influential Portugal international at Molineux for the long-term, in a development which will lift some of the gloom over Wolves's disappointing start to the season.

Signed for just £5 million from Monaco last summer, Moutinho has less than 12 months remaining on his current deal but Wolves are in negotiations to tie him down for the next few seasons.

It is understood negotiations are close to being concluded and the 33-year-old midfielder could officially sign his deal in the next ten days.

Last season, before the FA Cup semi-final against Watford, Moutinho revealed he is comfortable playing in England after a distinguished career at other clubs including Porto and Sporting.