The 19-year-old forward has a year left on his contract at Anfield, and Wolves are hoping to land him this summer.
The report claims that Liverpool are willing to sell for around £10million, while the player is interested in moving to Molineux.
Camacho made his professional debut last season at this venue as Liverpool were beaten 2-1 by Wolves in the FA Cup.
He started at right-back that day for the Reds. He also came on as a late sub in a Premier League win over Crystal Palace, his two senior appearances to date.
Wolves are yet to agree to a fee for the Liverpool youngster. The club are looking to offer the teenager a long-term deal with Nuno Espirito Santo looking to build his squad with young talents.
The Portugal Under-19 international scored eight goals in 14 appearances for Liverpool’s under-23 side last season.
Some Wolves fans took to social networking site Twitter to express their reaction. Here are some of the selected tweets:
Some people are saying it’s a huge fee – but a small drop in the ocean to why Bournemouth Paid for Ibe or Solanke. Gotta trust Nuno so I think he will be a good fit.
— Gaz (@gyazza) June 6, 2019
Sounds great….. hope it goes ahead.
— Rich Frampton (@richframpton4) June 6, 2019
The fee coukd/should be based on add ons.
— Vaughany (@Vaughany1973) June 6, 2019
Tbf we usually do change to a 3-4-3 towards the end of the game. So he might play RW coming off the bench.
— Liam Dempsey (@MasendanVA) June 6, 2019
Don’t know anything about him tbf, but you kind of feel/hope that we have players with just as much talent in our 23s that deserve an opportunity.
— Pete Taylor (@PeteTaylor1984) June 6, 2019
Sounds right up Nuno’s street though £10m is a hefty fee for a very young talent but Nuno knows best trust him!
— Lewis Gittins (@MrLJGittins) June 6, 2019