Sources: Wolves place £25m price tag on Morgan Gibbs-White as talks get underway

Wolves have placed a £25m price tag on Morgan Gibbs-White in a bid to ward off suitors, Football Insider understand.

Nottingham Forest and Southampton have been linked with moves for Gibbs-White following his impressive form on loan at Sheffield United in 2021-22.

A Wolves source said Football Insider they are in talks with the 22-year-old over a new contract.

But they will charge high fees for his services if they are unable to bind him to extended terms.

The midfielder’s current deal, signed in August 2021, runs until summer 2024.

However, Wolves are keen to reward the academy product for his growth and development with a new contract.

They are hesitant to see Gibbs-White leave this summer and have set a high price to ward off any interest.

The England Under-21 international spent the 2021/22 season on loan at Sheffield United, joining the Blades on the same day as his new contract with Wolves was announced.

He impressed during his time at Bramall Lane, helping the Blades reach the Championship play-offs.

The attacking midfielder has scored 12 goals and 10 assists in 37 games for the Yorkshire side.

It was appointed both Player of the Year and Young Player of the Year at the club’s end-of-season awards.

His performances have caught the eye of talent watchers from other clubs, but Wolves are keen to keep him on board.

He is expected to return to Molineux for pre-season this summer, where he will try to work his way into Bruno Lage’s plans.

Gibbs-White has played 86 times for his boyhood club so far, with 46 Premier League appearances to his name.

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