Yerson Mosquera arrived at Wolverhampton Wanderers from Atlético Nacional in 2021 and is yet to make his debut for the Premier League side.
The centre-back missed most part of last season due to an injury, while he was left as an unused substitute for 11 league matches this term.
Lack of game time at Wolves has not stopped the 21-year-old from drawing attention from Galatasaray.
Mathias Ross’ injury setback in November has seen the Süper Lig side try to bring in a new defender in the winter market.
The Turkish club’s manager, Okan Buruk, has ‘already approved this transfer’.
In addition to this, the Wolves player is also ‘willing to go to another team’ for the second half of this season.
Galatasaray must find an agreement with Wolves to sign Mosquera on loan in January.
If this deal takes shape, the South American can enjoy minutes and Galatasaray will be able to bolster their defence.