Wolverhampton Wanderers have reportedly decided that they are open to securing the loan signing of Atletico Madrid winger Gelson Martins.

The Premier League outfit are known to have the funds available for new faces but as it stands, no first-team signings have been made in January.

However, according to Columna Cero, Wolves are interested in securing a loan deal for Martins before the end of the month.

Martins has made just two starts and eight substitute outings in La Liga and the Champions League this season, and Atletico are said to be ready to allow the 23-year-old to join another club on a temporary basis.

Arsenal and Monaco have also been linked with the Portugal international, who only made the switch to the Wanda Metropolitano last summer.