The midfielder impressed in the Championship last term while on loan at Sheffield United but is set to play in the Premier League next season.
Wolves boss Bruno Lage is keen to have Gibbs-White at his disposal next term, though he has attracted strong interest from top flight rivals Everton and Nottingham Forest.
Toffees boss Frank Lampard sees the 22-year-old as his top target to bolster their midfield while the Tricky Tress are hoping that the relationship between Steve Cooper and the player will aid them in helping them win the race for his services.
Wolves are yet to decide whether to sell Gibbs-White but are suggested to be open to selling him for an offer in the £30m range.
However, despite the growing transfer chatter surrounding his future, Gibbs-White is in no rush to decide what to do next in his career.
Even though he is not short of suitors should he decide to leave Molineux, Gibbs-White is happy to remain at the Midlands club.
Everton are expected to submit a formal bid for him soon.
There is more than a month left in the transfer window and all eyes will on where the Wolves starlet will end up playing next season.
