Arsenal transfer blow as Wolves confident of signing £40m Brazil star Matheus Cunha from Atletico Madrid
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ARSENAL look set to lose out on Brazil star Matheus Cunha with Wolves confident of landing the forward, according to reports.
Julen Lopetegui is looking to bring reinforcements into Molineux after taking over as boss of the Midlands club.
The Spaniard has a big job on his hands with misfiring Wolves propping up the Premier League table heading into the World Cup break.
But the club look to have gotten a boost as the indicates they are closing in on Cunha.
The striker is out of favour at Atletico Madrid and had been linked with a Premier League move.
Arsenal were among several English clubs linked with the 23-year-old.
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But it now appears very likely Cunha will be heading to Wolves.
The proposed deal will reportedly be an initial loan with an obligation to buy worth up to £40million.
Leeds and Everton were also believed to have been jostling for the star but positive negotiations has swung the deal in Wolves' favour.
If complete, he will be the first signing of Lopetegui's reign.
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Cunha has only struggled to hold down a place in Diego Simeone's Atletico team since signing for the Spanish club in 2021.
Wolves fans will be hoping he can bring some goal threat to their side.
The Wanderers are the only top-flight side yet to reach double figures for goals.
Diego Costa has failed to find the net in his six Premier League appearances while £15m summer signing Sasa Kalajdzic sustained a serious injury only weeks after his move.
Lopetegui won his first game in charge on Tuesday as Wolves edged past League 2 Gillingham in the EFL Cup.