Neville prepared to drop down
Wolves are weighing up a possible deal for Marian Kello to ease their goalkeeping concerns.
Kello, 30, has spent this week training at the club's Compton facility as manager Dean Saunders runs the rule over the stopper, who is a free agent.
The Czech Republic-born goalkeeper, who has represented Slovakia at international level, spent four successful years with Hearts between 2008 and 2012.
He departed the Scottish club in April 2012 amid heavy interest from several top-flight suitors including Aston Villa, before he undertook trial periods with Ipswich and then Wolves last summer when former boss Stale Solbakken was in charge, although nothing materialised.
Relegation-threatened Wolves are on the lookout for reinforcements with first-choice Carl Ikeme facing the remainder of the season on the sidelines having broken his hand punching a dressing room tactics board at the interval against Bristol City last time out.
With Wayne Hennessey (knee) already sidelined, Dorus De Vries is set to take the number one shirt while Aaron McCarey has already been recalled from his loan spell at Walsall as back up.
The former England international is now 36 years of age and appreciates that his time at the top is coming to a close.
He has graced the Premier League with Manchester United and Everton and has collected 59 caps for his country.
Neville is now approaching a professional crossroads, as he is working on a one-year rolling contract at Goodison Park and will see his latest agreement expire at the end of the season.
He has already agreed to a coaching role with the England U21 side at this summer's European Championship, but maintains that it is his intention to play on at some level in 2013/14.
Neville told the Liverpool Echo: "For me, I want to continue playing as long as possible, so I'm not embarrassed to go down the leagues.
"I think you can still have as much fun playing in the lower leagues as you can in the Premier League.
"I think it'd be good for your experience to coach and manage down there, to go through the types of things that Edgar Davids is going through at the moment (at Barnet) because he's been used to the best things in life and now he's got to really coach.
"He won't have 20 balls, he'll probably have five or six, he won't have many cones, they'll be training on a park pitch where there's maybe dogs running across the training pitch and this is where he'll have to learn his trade again."