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WOLVES have rejected Juventus' offer of Aaron Ramsey plus cash to land star man Raul Jimenez, according to reports.
The Mexican striker has been linked with a move away from the Molineux this summer after the club failed to seal European football.
Manchester United have also reportedly shown an interest with Mexico's manager urging him to join Old Trafford.
But Corriere dello Sport write how the Old Lady have made the first move and have offered Welsh international Ramsey as a makeweight in the deal.
Ramsey, 29, is rumoured to be heading for the exit door following Andrea Pirlo's appointment.
The Italian has a hugely congested midfield and is believed to be open to offers for the former Arsenal man.
But Wolves have turned down the deal because they believe Jimenez is worth in the region of £90million.
The report claims that striker Gonzalo Higuain was also offered as part of a separate deal which was again turned down by the Premier League outfit.
Higuain, 32, flopped during his Premier League audition, scoring just five times in 19 appearances on his loan spell with Chelsea.
Ramsey's representatives were recently forced to deny "nonsense" claims suggesting Pirlo wanted him out of Juventus.
He was limited to just 11 Serie A starts in his debut campaign with the Old Lady under Maurizio Sarri.
Ramsey was an integral figure for the Gunners before making the free transfer to Juve where he reportedly pockets around £400,000 a week.
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He has been linked with a move back to the Premier League with both Manchester United and Tottenham.
Pirlo is likely to assess his entire squad before making decisions on players' futures.
But despite winning their ninth title in a row, change is needed after they were knocked out by Lyon in the Champions League Round of 16.