Milan eye Dzeko and Toni moves
The Bosnian's 26 league goals - alongside strike-partner Grafite's 28 - helped fire the Wolves to their first ever German league crown under Felix Magath last season.
His devastating form inevitably led to speculation linking him with string of major European outfits this summer, including Chelsea, Liverpool, Manchester United, Tottenham Hotspur, Manchester City and Arsenal.
However, Dzeko's most likely destination eventually proved to be Milan, only for Wolfsburg to stamp their feet, insisting that their prize asset was not for sale.
The striker - who has already netted five league goals in 2009/10 - netted against Manchester United in the Champions League last week as Sir Alex Ferguson's side battled back from a goal behind to triumph 2-1.
And, according to La Gazzetta dello Sport, the Rossoneri will go all-out to sign Dzeko again in January, with their current forward line of Alex Pato, Klaas-Jan Huntelaar, Ronaldinho and Pippo Inzaghi all failing to fire.
The San Siro giants - currently languishing in 12th place having won just two of their opening seven matches - are also being linked with a winter transfer window move for Bayern Munich striker Luca Toni.
The former Palermo and Fiorentina goal-getter, who netted 97 Serie A goals in four seasons before departing for Germany, was reportedly a target for Tottenham Hotspur, West Ham and Roma during the close-season.