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Jorgen Strand Larsen signed a five-year deal at Wolves in September Crystal Palace have agreed a deal in principle worth in the region of £50m to sign Wolves striker Jorgen Strand Larsen. Sources have told BBC Sport that Palace's interest in the 25-year-old forward has intensified in the past 24 hours and a formal bid is now set to be submitted. Palace broke their club record with a £35m move for Wales striker Brennan Johnson earlier this month but Strand Larsen's arrival would surpass that deal. It has been known that Wolves are open to selling the Norway international this month provided they get a fee close to the £55m they rejected from Newcastle for the striker during the summer transfer window. Leeds have already seen an offer of £40m rejected by Wolves, and as things stand the Elland Road club are reluctant to go much higher. Palace's pursuit of Strand Larsen raises further uncertainty over Jean-Philippe Mateta's future at Selhurst Park heading into the final days of the window. Mateta wants to leave Palace and has informed the club's hierarchy of his wishes. Juventus and AC Milan are among the clubs to have shown a concrete interest in the France international, while Nottingham Forest submitted an offer of about £35m for Mateta at the weekend. Mateta is understood to want to play Champions League football, but a move to Forest is understood to be a financially lucrative option for the 28-year-old. Latest Crystal Palace news, analysis and fan views Ask about Crystal Palace - what do you want to know? Comments can not be loaded To load Comments you need to enable Java Script in your browser Senegal boss Thiaw banned after Afcon final chaos Transfer latest: Palace agree Strand Larsen deal & what next for Mateta? Palace agree £50m deal in principle for Strand Larsen The fake shaman who scammed Hampstead's wealthiest What’s behind the rise in shoplifting? Gripping Irish crime drama set in a tight-knit community Is behavioural science steering your spending? Why have English teams dominated as Real & PSG face play-offs? How an inspiring home video launched a main event fighter Football Daily. Audio Football Daily Bill Belichick: A Super Bowl god's fall from grace 'Barca move gave me confidence I could adapt' Video'Barca move gave me confidence I could adapt' England on course for fifth Champions League spot Bayern legend? How Kane is viewed in Germany as contract talks begin Why England legend Root is so effective in Asia Global brand in an EFL world - Wrexham's £48m cash injection explained What happens next after latest link between heading and brain disease? Who has made Troy's Premier League team of the week? Why did Alcaraz, Sinner & Sabalenka have to remove fitness trackers? Six English clubs, one huge night - all to play for in Champions League Can unfancied Scots be Six Nations contenders? F1 testing begins - but why all the secrecy? Cal-fouri, a lesser-spotted law & Russell v the Shed - Prem talking points 'Another unbelievable result' - but what's different about Man Utd now? 'Intoxicating title fight impossible to call as Hearts refuse to buckle' Grudge match or homecoming - what next for Pimblett? Is Sinner-Alcaraz in danger of making majors boring? Copyright © 2026 BBC. The BBC is not responsible for the content of external sites. Read about our approach to external linking.