I thought I would post my thoughts as a Wolves fan. MGW has come through the Wolves academy, and has always been talked about as being a hot prospect. He has had a few games with the first team, and did ok, but never stood out particularly. I was surprised when he was let out on loan to Sheffield, as he had figured in pre season, and we were not exactly stacked in midfield. But in retrospect, it was the right move.
He was quick to catch the eye of Sheffield fans, he had obvious talent, but they also found him frustrating, full of flicks and tricks, but not composed enough in his play, often giving away possession. (which is basically what i saw at Wolves) But eventually he grew up, he still had the tricks, but now was more aware of how and more importantly when to use them, and really started to show the Sheffield fans what he was all about. and quickly became a fans favourite.
As for where things stand now, I would be highly surprised if he was allowed to leave, Despite what some fans have said, Wolves are not in a financial hole, and the Collins deal will have no impact on our ability to keep MGW. He is exactly the sort of player we would be looking to sign, a young exciting talent, with great resale value. and 20 million would be around the money we would spend in bringing them in, So I don't see any reason Wolves would not at least give him a go this season.
The sticking point is his contract. Wolves may be in good shape financially, But Fosun (our owners) are an investment company, and will probably way up the financial loss of letting his contract run down. Would he be a good signing? absolutely, and if Everton are going to get him, this is your best chance.
But I have a feeling the contract issues will be sorted, and he will be playing for Wolves this season. That is certainly what I am hoping for.