Wolverhampton Wanderers have turned down an initial offer from Leeds United for striker Jorgen Strand Larsen. The value of the bid remains unconfirmed, but Wolves are believed to value the Norwegian at £40m. The club is reportedly content to keep him, though interest from elsewhere is growing.

Nottingham Forest and Crystal Palace have also made enquiries, per Sky Sports News. Strand Larsen wants to remain in the Premier League if he departs Molineux. His current contract situation and Wolves' firm valuation will be key factors in any potential January move.

Leeds, chasing promotion, must decide whether to meet the asking price or walk away. For Wolves, retaining a key forward is crucial for their own survival push. The coming days will reveal if another club steps up with a formal bid.