EXCLUSIVE: Wolves interested in signing highly-rated South American winger Gabriel Aguayo as Gary O’Neil looks to bolster attacking options this summer

Wolverhampton Wanderers are interested in signing Paraguayan teenage winger Gabriel Aguayo, according to Express journalist Charlie Gordon.

Wolves are reportedly keeping tabs on the exciting South American, who had a breakthrough season playing for Cerro Porteno in his home country.

Gary O’Neil’s side could soon welcome another hidden gem as they look to bounce back after a 14th-place finish in the Premier League last season. Wolves have already announced permanent deals for promising starlets Rodrigo Gomes, Pedro Lima and Tommy Doyle, while Celta forward Jorgen Strand Larsen signed on a season-long loan.

The Molineux outfit are yet to make waves in the transfer market this summer and are expected to bring in reinforcements. According to the Express’ Gordon, Wolves are keeping tabs on Aguayo, who showed signs of promise in his previous season in Paraguay, and have asked about the conditions of a deal.

The 19-year-old notched one goal and four assists in 18 senior appearances for Cerro Porteno as he broke into the first team at the start of the year. Praised for his tactical intelligence and ball dribbling skills, Aguayo has emerged as a target for several MLS sides in recent weeks, with Nashville SC and DC United keeping an eye on the Paraguayan starlet.

The versatile teenage talent can play in multiple areas across the midfield and would be available for as low as £3million this summer, according to the Express’ report.

Wolves are expected to step up their pursuit of Aguayo, who has been described as a ‘tremendous’ talent, later in the transfer window as they now focus on first-team arrivals before the new Premier League campaign.

Gary O’Neil’s side could be adding a new left-back and centre-back to their ranks as they look to compensate for the loss of Kilman, who demonstrated impressive consistency in recent seasons, missing just one Premier League fixture of the last 76.