But both Wigan and FA Cup finalists Everton are reportedly prepared to offer £5million for the forward, whose contract runs until 2012.
However, speaking to the Birmingham Mail, Ebanks-Blake claimed he is happy to remain at Molineux: "There will always be speculation, but it's just that - speculation.
"I am happy at this club and I don't see any reason for things to change. I always said that Wolves were a Premier League club in the Championship and now we are where we should be. Leaving here has never been an issue for me."