Bolton boss Owen Coyle has said the club are in talks with Shaun Wright-Phillips about signing the Manchester City winger.
England international Wright-Phillips has had limited chances under Roberto Mancini and would be allowed to leave.
The only stumbling block appears to be the 30-year-old's wages.
"He is someone I would love to bring to the club," said Coyle. "Whether it is possible, only time will tell. There are financial implications involved."
Wright-Phillips has recently struggled to hold down a first-team place at City, making only 10 starts last season.
The former Chelsea player is behind David Silva, Adam Johnson and James Milner in the pecking order at the Etihad Stadium, and any move to Bolton would boost their squad following the injury to Lee Chung-yong, who will be out for nine months with a broken leg.
"Players at Manchester City are on contracts that are more than we could pay," added Coyle. "There is a threshold we cannot go beyond.
"But there has been dialogue between our chairman and [City chief executive] Garry Cook. That is where we are at the moment. There is nothing concrete."
Coyle also confirmed talks are further advanced with former Stoke striker Tuncay Sanli, who could be about to arrive on loan from Bundesliga outfit Wolfsburg.
"We are a good way down the line with that but it is not cut and dried," he said. "He is a terrific player, who really works his socks off."
Coyle said he was also surprised that no offer had made for defender Gary Cahill, although with Arsenal linked to the England centre-back, that may now change if Cesc Fabregas and Samir Nasri leave the Gunners.
"I am surprised there has been no firm offer," added Coyle. "Teams have had six or seven weeks already.
"I totally understand if they have made offers and talks are progressing, but why leave it until the last minute?"