Wolves boss Mick McCarthy has warned any potential suitor of Mark Davies that he will not come cheap.
The 20-year-old is set to be out of contract in the summer and has begun to attract interest from afar.
Premier League outfit Bolton are reported to have tabled a bid in the region of £650,000, while League One Leicester are thought to have lodged a £300,000 approach.
Wolves insist they want to keep the youngster at Molineux and have gone as far as to offer him a new deal.
Were he to leave as a free agent at the end of the season then McCarthy's men would not be left completely empty-handed, as any club wishing to take him on would need to pay a fee set by a tribunal - as he is under 24.
However, Wolves are hoping the situation will not come to that and their manager insists Davies will be going nowhere until the figures being banded around begin to creep up.
"If someone wants, then let them offer the right amount for him," he told the Express and Star.
"We enquired about (Leicester's) Joe Mattock in the summer and we were told the fee was £3m - and he's played about 20 games.
"So how do we get from £3m for a young full-back who's played 20 games to £300,000 for one of our best young players?"
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