Mick McCarthy is desperate to bolster his squad as Wolves fight for survival, and Keane could be on his back to Molineaux.
Tottenham will reportedly let Keane leave in January, providing Wolves stump up £6 million.
Keane progressed through the youth system at Wolves are has fond affections for the club.
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Comedy story of the day sees Liverpool linked to AC Milan's Ronaldinho. (IM Scouting)
The 30-year-old Brazilian is struggling to hold down a place at the San Siro and Milan claim Liverpool are interested.
LA Galaxy are also in the mix, and said to be preparing a MASSIVE offer.