In terms of incoming transfers this month, Wolves have secured a deal for Japan midfielder Hayao Kawabe from Swiss Super League side Grasshopper Club Zurich. He is expected to return to Switzerland on loan to complete the season with Grasshoppers after spending January in the Black Country.

With three-and-a-half weeks still left until the window shuts, it seems as though the Old Gold have been dealt a blow in their attempts to add a new player to Bruno Lage's squad, one which will leave their fans gutted.

What's the news?

According to a recent article from French media outlet L'Equipe (via Sport Witness), Wolves have had an offer of €30m (£25m) for AS Monaco defender Benoit Badiashile rejected by the Ligue 1 club.

As a product of Monaco's youth system, the 20-year-old has already made more than 100 senior appearances for the club, scoring three goals and providing three assists along the way, showing how highly he is rated in the principality and presumably why they have reportedly rejected Wolves' offer for him.

Standing at 6 foot 4, Badiashile has played in 19 games for Monaco across all competitions so far this season, highlighting his importance to the team and why they would be reluctant to let him leave this month for a fee they don't see as suitable for his services.

With Wolves seeing Romain Saiss jet off to take part in the Africa Cup of Nations after playing in all 19 of their Premier League games so far this season, it's easy to see why the Old Gold would be looking at bringing in a defender like Badiashile this month to not only fill in for Saiss but also potentially become a long-term figure in their squad for the future given his young age.

Moving forward, if Wolves are serious about signing the 20-year-old in January, they should try to establish what sort of fee Monaco would be willing to accept for him and then decide whether it is feasible.

If they aren't willing to pay whatever the French club would want for him, then Lage may need to look at other options who would be available for less than Badiashile. He could also give Dion Sanderson, who was recently recalled from his loan spell with Birmingham City, the chance to prove himself in the team as an even cheaper option.

That could help to soften the significant blow of seeing a sizeable bid for the Monaco youngster rejected.

In other news: Journalist drops 19-word Wolves update that will surely have a lot of fans fuming - opinion