Wolverhampton Wanderers are in a troubling position in the Premier League and new manager Julen Lopetegui could be given the opportunity to turn things around in the January transfer window, with a promising update emerging.

What’s the latest?

Italian journalist and transfer insider Fabrizio Romano has revealed that Wolves transfer target Isco has become a free agent.

Romano tweeted: Isco, now immediately available as free agent as contract has been terminated with Sevilla by mutual consent.

"Player’s camp already exploring all the options in Spain and England in order to find new solution. It’s open race."

Imagine him & Cunha

There is no doubt that Lopetegui is in an extremely difficult position at Molineux and the January transfer window could be the linchpin in the new manager becoming the saviour at the club.

Wolves are currently rock bottom in the Premier League table after a continuous string of poor performances ahead of the World Cup break that ultimately cost Bruno Lage his job.

Nobody in the top flight has scored fewer goals (8) than Wolves and Lopetegui must use the upcoming transfer window to transform the attacking threat in order to secure the club's safety by the end of the campaign.

As a result, the signing of Isco could be hugely beneficial to the new manager as the five-time Champions League winner could offer a lot of experience and leadership to the current squad.

Ahead of his move to Sevilla, the 30-year-old enjoyed a successful career with Los Blancos - scoring 53 goals and registering 56 assists over 353 appearances with a goal contribution every 180 minutes.

Alongside a quintet of Champions League trophies, Isco won three La Liga titles, three UEFA Super Cups and four FIFA Club World Cups during his time at Madrid, proving that the player has a winning mentality that could be a huge asset to Wolves.

Over 12 La Liga appearances this season, the Spanish playmaker - who was dubbed “phenomenal” by Zinedine Zidane - has registered two assists and created two big chances, as well as averaging 1.4 key passes, 1.3 tackles and 5.4 duels won per game.

On that evidence, Isco could be the perfect partner to deliver goal-scoring opportunities to Matheus Cunha - who is set to become Lopetegui's first Wolves signing.

Indeed, the talented playmaker's selfless attacking-minded approach in the most advanced midfield position, alongside his ability to get into dangerous positions could give Cunha the service needed to increase the goal contributions at Molineux.

The Brazilian has failed to find the net this term but scored seven times in 2021/22, form he could even usurp should he be partnered alongside a creative marvel in Isco.

With that being said, the signing of the Spaniard could be the perfect solution for Lopetegui to revive Wolves’ attacking threat, thus saving the club from relegation over the second half of the season.