The Wolves star is on loan from the Scottish Premiership club for the entire season.
According to the BBC, the two are in talks and Bueno is willing to make the switch.
He would get advantages from normal playing time at Celtic, while he is on the outer rim at Wolves.
However, the two clubs want to reach an agreement on financial matters and other matters.
Good is Rayan Ait-Nouri in the hierarchy of Wolves boss Gary O’Neil.