Wolverhampton Wanderers have reportedly reached an advanced stage in contract talks with Joao Moutinho.

Since making what was considered to be a surprise move to Molineux last summer, the midfielder has featured on 56 occasions in all competitions.

While the Portugal international has just turned 33 years of age, it appears that Wolves are keen to ensure that the playmaker does not leave the club when his deal expires at the end of the season.

According to the Express & Star, the West Midlands outfit are making good progress in negotiations after offering Moutinho terms for another two years.

The report suggests that the veteran has welcomed the talks and is likely to extend his stay at the Premier League club.