Barcelona are in talks with Wolves over a surprise move for Adama Traore.
The Catalan giants want to negotiate a loan deal with an option to buy the Spain winger for around £29m, it is understood.
There is work still to be done on any deal but Traore could return to the Nou Camp seven years after leaving.
It also signals an end to Tottenham's interest after they had a £15m bid rejected earlier this month.
Spurs are not expected to revive the deal in a blow to Antonio Conte’s hopes of adapting Traore as a wing-back and just earlier this week they remained confident they could sign the 26-year-old.
Traore started his career at his home-town club before moving to Aston Villa in 2015 and then spending two years with Middlesbrough.
He signed for Wolves for a then club record fee of £18m in 2018.
The club had opened negotiations over a new deal last year but no agreement has been reached and Traore has 18 months left on his current contract.
He has made 154 appearances, scoring 11 times for Wolves, while he made four appearances for Barca, scoring once, at the start of his career.
"It was a no-brainer to join a great club. It was the right thing for me to do." @CalumChambers95 speaks after completing a move from Arsenal. 🗣— Aston Villa (@AVFCOfficial) January 27, 2022
Aston Villa have made their fifth signing of a busy January with defender Calum Chambers joining from Arsenal.
The 27-year-old, who can play in both central defence and at right-back, has signed a three-and-a-half-year deal at Villa Park.
His arrival follows those of Philippe Coutinho, Lucas Digne, Robin Olsen and Kerr Smith as Steven Gerrard reshapes his squad.
Chambers made 122 appearances for Arsenal after joining from Southampton in 2014, also spending time on loan at Middlesbrough and Fulham.
He has struggled for game time this season following the arrival of Ben White, restricted to five appearances, only two of them in the Premier League, but is hoping for a fresh start with Villa.
"It's a massive club and they’re in a great moment at this moment in time," Chambers said on the club website.
"It’s a very exciting place to be and everyone can see that from the outside. Things are happening here and it’s definitely moving in the right direction.
"For me, it was a no-brainer to join a great club. It was the right thing for me to do."
Manchester United winger Amad Diallo has joined Rangers on loan.
The highly-rated 19-year-old joined from Serie A side Atalanta last January, signing for a fee of €21m that could reach €41m with add-ons.
However, the Ivory Coast international has only played one first-team match for United since returning from a thigh injury and has now joined reigning Scottish champions Rangers on loan for the rest of the season.
Meanwhile, Juninho Bacuna is leaving the Glasgow club, joining Birmingham from Rangers for an undisclosed fee.
The 24-year-old midfielder becomes Lee Bowyer's fourth signing of the month.
Bacuna has signed a three-and-a-half-year deal having struggled to make an impact at Ibrox following a switch from Huddersfield last summer.
"It is nice to be here, I am excited to get going," he told the club’s official site.
"I have got the opportunity to play games and show my abilities. Birmingham is a nice city. It is a big club and I am really excited to be here.
"The most important thing is to build something with the team and the club. I have got three-and-a-half years to do it, I am going to do everything to make it an incredible time."