Wolves would hope to win the day by offering a Portuguese contingent to help him settle in England - which can be very tough for mid-season arrivals - and a greater degree of gametime than he might expect in competition with World Cup victor Olivier Giroud at Stamford Bridge.
It is understood that the striker's agent, Juanma Lopez, has met with Spanish club Sevilla to hold preliminary talks about a return to Spain.
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However, the Guardian reports that they are looking to pay £5m for the loan deal and then a further £35m in the summer - significantly less than the £60m Chelsea paid Juventus for Morata's services in July 2017.
Morata's exit may seem harsh from an outsiders view, but something just isn't clicking for him with the Blues and a loan exit to Sevilla to help him get back to his best may suit both parties. Benzema scored 12 goals in 47 appearances for Real Madrid last term. In England they're already taking about potential replacements and "The Mirror" believe Real Madrid's Benzema is the chosen one.
"I don't know [if he is happy]", Sarri said on Tuesday ahead of his side's Carabao Cup semi-final first leg against Tottenham.