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Reports have suggested that Midlands outfit Aston Villa are poised to make a £4 million bid for the defender's services, however Wolves have been quick to play this down.
On the official Wolves site Glenn Hoddle is quoted as saying, "Joleon still has two years on his contract and is not for sale. End of story."
These reports come on the back of Lescott's rejection of a new contract with Wolves recently, however talks are set to move forward later in the season.