Wolves will not consider offers for Matheus Nunes this summer.
The midfielder has been linked with Liverpool this season amid talk of his contract carrying a buyout clause.
The Telegraph says Nunes' deal did carry a 50m buyout clause. But that has since been removed after a round of negotiations.
As such, Wolves intend to keep hold of the Portugal international for another 12 months at least.
The 24 year-old has a deal at Molineux until 2027.