Wolverhampton Wanderers are reportedly keen to sign Vadim Demidov and Bryan Oviedo.
Norway international Demidov has just 12 months remaining on his current deal with Real Sociedad.
As a result, the Spanish club will allow the defender to depart for a fee in the region of £1m, according to the Daily Star.
Championship rivals Bolton Wanderers are also said to be monitoring the situation.
Meanwhile, left-back Oviedo has turned down a new contract with Copenhagen.
Current Wolves boss Stale Solbakken signed the 22-year-old in 2010 during his stint in charge of the Danish club.
