Wolverhampton Wanderers are trying to sign Leicester City striker Chris Wood, but Wolves boss Kenny Jackett has dismissed reports a deal has been agreed.
Jackett, who managed Wood when he was on loan at Millwall before joining City in January, 2013, said he was keen to bring the New Zealander to Molineux.
However, he said there was a long way to go if any deal for the 22-year-old, despite reports both clubs had agreed a fee for Wood.
"We've made enquiries to Leicester about Chris Wood but we're in a situation where in terms of formalising the deal we're still some way off," he said.
"I've not spoken to Chris, I've not had that green light yet, but it is one we are pursuing.
"He had a good record at Millwall for me and he's had a good ratio at all the clubs he's been at.
"He's 22, has a lot of experience for a 22-year-old and good forwards are hard to come by.
"People behind the scenes have been working on it more than me."