Sheffield United 'preparing offer for Wolverhampton Wanderers' Dion Sanderson'

Sheffield United are reportedly poised to make a formal approach for Wolverhampton Wanderers youngster Dion Sanderson.

The 21-year-old is believed to have been the subject of a £1m bid from Newcastle United earlier this month, but the approach was swiftly knocked back by Wolves.

Sanderson impressed during a loan spell with Sunderland last season, and the Black Cats are also said to have had an offer of their own rejected as the race for the centre-back hots up.

According to Football Insider, Sheffield United are now preparing to make their move, and Wolves will allow Sanderson to leave should they receive a bid of £2m.

The Englishman's deal at Molineux is due to expire in under 12 months' time, and the report adds that Sheffield United would be open to a loan move if a permanent deal cannot be struck.

Sanderson featured in 26 League One matches for Sunderland last term, but he only has one senior Wolves appearance to his name.