Football News

Diego Costa transfer news: Wolves favourites to sign former Chelsea star

By Tony Mogan

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Published: 15:24, 5 January 2021

Wolves are at the front of the queue to sign former Chelsea striker Diego Costa during the January Transfer Window.

The 32-year-old is available on a free transfer after Atletico Madrid agreed to terminate his contract at the Wanda Metropolitano on the eve of the new year.

“He felt the need to find a new challenge… Wherever he goes he will do well, because he’s a fighter,” Atletico boss Diego Simeone said.

Costa has no shortage of options but Wolves have emerged as early 5/6 favourites with Sky Bet. With Raul Jimenez recovering from a fractured skull, Nuno Santo Espirito’s side have looked desperately short of a presence up front and urgently need someone to fill the void left by the Mexican.

Transfers completed before January 31.

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Costa could fit the bill. The striker is also represented by super-agent Jorge Mendes, who has very close ties with Wolves and is perhaps the reason why the club are such heavy favourites to land the Spain international.

Everton (6/1), Arsenal (8/1) and Tottenham (10/1) are also considered possible destinations but a return to Brazil is also a strong possibility, with Sky Bet pricing a move to any Brazilian club at 4-1.