Ricketts has been told by Spurs that he can leave White Hart Lane and Hoddle is keen on signing the 22-year-old midfielder, who spent the final two months on loan at The Molineux.
"Now that Rohan is a free agent then we shall be seeking discussions with him," Hoddle told the clubs official website, www.wolves.co.uk
"Rohan did well while he was with us on loan and we shall see what we can do about moving things forward from here."