The Colombian-born 21-year-old had been training with Wolves as a free agent since October 7, while efforts continued to pursue a work permit.

Agudelo played one friendly during his trial, a 2-0 defeat at Queens Park Rangers on October 10.

The striker was dubbed a potential £10millon player by Stoke chief executive Tony Scholes in May after they twice failed to obtain a clearance for him to play.

He was seeking to gain a Cypriot passport in order to qualify for a work permit, a process that would have taken at least six weeks.

But Wolves head coach Kenny Jackett revealed Wolves are not going to keep him, saying: "Juan is not a player we're going to pursue. We felt match fitness was the key for him.

"To get him up to Championship standard he'd need to play games and it's hard to go from nothing straight into the Championship.

"That can be tough, and while the odd player does it, most people don't – you need a run of games and need to build up. It was nothing to do with his ability levels, just that he hasn't played.

"Drawing some likenesses, we also have some players out on loan playing regularly who could come back in a good rhythm and with match fitness under their belts."

Jackett added: "He's been here on trial and we thank him for coming here and training and hope he enjoyed his time with us, but both parties will now move on."