Fletcher’s former club Burnley will be due 15% of any profit Wolves make on a player they paid £7m for in 2010.
Sunderland are short of attacking options following the departures of Asamoah Gyan and Nicklas Bendtner. Fulham and Stoke are also interested.
“We are not getting drawn on offers for players in or out,” Wolves chief executive Jez Moxey told the
“Our best players are not for sale; we want to keep them and build the strongest possible team for the season ahead. We will do everything we can to retain the players we want to keep and continue to look to strengthen with new signings.”
Sunderland suffered defeat by Hartlepool on Friday, with none of manager Martin O’Neill’s three strikers – Fraizer Campbell, Connor Wickham and Ryan Noble – able to find the net.
Fletcher has two years remaining on his contract at Molineux, leaving Moxey in a strong position to negotiate the best possible deal.
No Sunderland striker reached double figures in the goal tally last season, with Bendtner and Stephane Sessegnon the top-scorers with eight.
“We know where the problem is. You just need to look at our scoring record last season,” O’Neill said last week. “This puts pressure on other players to score, either from set-pieces or midfield.
“Eventually centre-forwards have to weigh in and, at the moment, you would want to know who and when someone is going to score 15 goals in a Premier League season.”
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