The article states that the 25-year-old winger is facing an uncertain future at the west Midlands outfit following lengthy contract negotiations with the club over the past few months.
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Wolves still haven’t managed to strike a deal with the Spaniard to open the door to a potential exit given that he has just two years left on his current contract.
The report goes on to claim that Chelsea have been targeting a deal to sign Inter Milan wing-back Achraf Hakimi but the Champions League winners face fierce competition from Paris Saint-Germain.
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Chelsea could switch their attention to Traore if Hakimi moves to PSG ahead of the Stamford Bridge outfit.
Traore has scored twice and registered two assists in 37 Premier League matches last term.