Both the Cherries and Wolves will be looking to improve their attacking options when the transfer window opens.
Grant is no stranger to the Premier League, having featured in it for a Huddersfield side who struggled in it the last campaign and who were relegated.
The former Charlton Athletic man has not dwelt on that disappointment though and has hit the ground running in the Championship, bagging nine goals in the division this term, with just Aleksandar Mitrovic and Ollie Watkins having more than him.
Bournemouth are not short of attacking options, but with the reliability of Callum Wilson fitness-wise always being an issue, they are looking for a solid back up for the England man, and Grant is the man they look to have identified.
Wolves are not the freest scoring side in the Premier League and is said to be the favourite to sign the forward in January, so the more strikers they can have in their ranks the better it will be for Nuno Espirito Santo, especially with the Molineux outfit likely to be competing both domestically and in Europe deep into 2020.
Huddersfield will need to weigh up whether they want to cash in on the 22-year-old in January, especially as his goals have led them away from the relegation zone in the second tier, but without them they could easily be sucked in again.