Reports indicate Crystal Palace has reached an agreement to sign Jorgen Strand Larsen from Wolves. The deal is reportedly worth around £50 million. Palace's interest in the 25-year-old striker has grown rapidly in the last day, suggesting a formal bid is imminent. This potential transfer would surpass the club's previous record signing, a £35 million deal for Brennan Johnson.

Wolves are open to selling the Norway international, especially if they receive a fee close to the £55 million they turned down from Newcastle last summer. Leeds United had a £40 million offer rejected, and are hesitant to increase their bid. This move by Palace could impact Jean-Philippe Mateta's future at Selhurst Park, as he is looking to leave the club.

Mateta has expressed his desire to depart Palace to the club officials. Juventus and AC Milan have shown interest in the French international, while Nottingham Forest offered around £35 million. Mateta prefers Champions League football, but a move to Forest could be financially beneficial for the 28-year-old.

With just days remaining in the transfer window, the move suggests a major shift in Palace's attacking strategy. Securing Strand Larsen would provide a significant boost to their goal-scoring capabilities. It will be interesting to see where Mateta ends up, and how Wolves will use their incoming funds.