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Now the Prem strugglers plan to make a serious play and may do it quickly, despite indicating interim boss Steve Davis will stay put this year.
Lopetegui has a big CV after spells in charge of Spain and Real Madrid, so it would be a coup to land him â and certainly if they manage it in the near future.
Wolves had turned to their former boss Nuno Espirito Santo and QPRâs Michael Beale as they searched for the right man.
But insiders have now revealed they are back to where they started and homing in on the Spaniard.
Lopetegui would find it hard to refuse Premier League wages and the only stumbling block could be if he has to take a pay cut if struggling Wolves are relegated.
News of the plans from Molineux will also interest Leeds, who are big fans of Lopetegui and are struggling to make an impact this season under embattled boss Jesse Marsch.
It comes as Wolves failed to land the win needed to move out of the drop zone as they drew 1-1 at Brentford.