Sheffield Wednesday are interested in signing playmaker Elliot Lee from Wrexham on a free transfer, according to a report.
Lee's future has come under the microscope in the last week with the midfielder deemed surplus to requirements at Wrexham.
Red Dragons boss Phil Parkinson admitted Lee is "too good a player not to be playing", but with a route into the Wrexham first-team extremely unlikely, the former West Ham academy graduate has been assessing his options.
According to Sports Illustrated's Rich Fay, Lee and Wrexham have agreed to a mutual termination of his contract.
Lee's availability as a free agent presents Wednesday with an opportunity to swoop in for the 31-year-old without working against the transfer deadline clock.
There are no limitations on when clubs can sign players that are out of contract, meaning Wednesday can acquire Lee beyond the 11pm deadline on Tuesday - although they will need to act swiftly to secure Lee's signature with a number of clubs interested in the attacking midfielder.
Lee is considered a modern-day Wrexham hero for his invaluable contributions that have helped the Welsh outfit climb from the National League into the Championship.
Signed from Luton Town in 2022, Lee was an ever-present in the Wrexham team that won the National League title in 2022/23 before achieving promotion from League Two in 2023/24, contributing 16 goals and five assists.
In Wrexham's League One season where they finished second, Lee delivered eight goals and three assists in 38 appearances.
The former Barnsley and Colchester United man did not make a single appearance for Wrexham in the Championship and spent the second half of last season on loan at Doncaster Rovers in the third tier, delivering five goal contributions in 18 appearances as his presence helped spark a revival under Grant McCann.
The acquisition of Lee would be a huge boost to the Owls' promotion credentials and his presence would help Henrik Pedersen to address a concerning injury list at Hillsborough.
As many as seven players are definitely out, while the key duo of Ricardo Santos (ankle) and Barry Bannan (ankle) are both concerns following their premature withdrawals against Bromley.