Off contract at the end of the Saudi Pro League season, the former Wolves captain is interesting Manchester United and Newcastle United, says the Express & Star.
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Fenerbahce and Galatasaray of Turkey are also watching developments, though Neves favours a return to England.
A departure in January is an option, with Al-Hilal willing to sell for €20m.
After six years with Wolves, Neves left for Al-Hilal in 2023 in a deal worth €55m.