In Focus: Chelsea and Arsenal target Helder Costa has a Premier League future, but not yet.

According to reports in The Mirror, via the Birmingham Mail, Chelsea and Arsenal are keeping tabs on £20m-rated Wolverhampton Wanderers winger Helder Costa.

What’s the word, then?

Well, despite only moving to Molineux in a club-record £13m deal from Benfica last summer, the 23-year-old is already attracting interest from some of the biggest clubs in the Premier League following some standout performances for the Championship outfit.

Super agent Jorge Mendes helped bring the Portuguese forward to England and now he could look to move him to a top flight club following a disappointing campaign for Wolves that ended with a 15th-placed finish.

Wolves managing director Laurie Dalrymple has also refused to guarantee that Costa will still be at the club after the summer transfer window has slammed shut.

What’s he said?

Dalrymple said: “I can’t sit here and definitely say he’s going absolutely nowhere because I don’t know what’s around the corner in four weeks’ time.

“We’re a football club in the Championship.

“We haven’t been in the Premier League for five seasons and we have very different financial pressures from a lot of other clubs in this league.”

How well did he do this season?

Despite his side’s struggles, Costa showed his quality by scoring 12 goals and providing a further 11 assists in 40 appearances in all competitions for Wolves, and he was particularly impressive in the 2-1 win against Liverpool at Anfield in the FA Cup.

The winger assisted both of his team’s goals in what was a famous win, and his performance suggested he is ready-made to star in the Premier League.

Would he be a good signing for the duo?

Although he may be in the Championship right now, there is a real feeling that Costa has a bright future ahead of him and he has already played in the top divisions in Portugal, Spain and France.

While he almost certainly wouldn’t be a starter for either the Blues or the Gunners, he would bring a real attacking threat from the substitutes’ bench if needed.

What’s the verdict, then?

With both Chelsea and Arsenal looking to have bigger fish to fry this summer and needing players that will improve on the ones they already have, a move for Costa seems unlikely and he could be allowed to develop at Wolves at least until the January transfer window.

If his impressive performances continue, he could be very much in demand then or next summer.