Addy is one of eleven players deemed surplus to requirement by Red Star coach Robert Prosinecki after a poor first half of the season by the Belgrade giants.
Red Star are 10 points behind Serbian champions and league leaders Partizan Belgrade suffered an early exit from European competition forcing Prosinecki to act.
“We need to inject fresh blood into the club at once by adding young talents from Red Star’s academy,” Prosinecki told reporters on Monday.
Black Stars defender Lee Addy has been placed on the transfer list by Serbia side Red Star Belgrade.
defender Lee Addy has been linked with a move to English side Wolves.
The 21-year-old has been a pillar in the defence of Serbian giants Red Star Belgrade this season.
Reports in the Serbian media claim the Black Country outfit are keeping a close eye on the versatile player.
The English side have sent scouts to watch his matches in Serbia with a view of sealing a deal for him in January.
Addy moved to Red Star from Ghanaian side Berekum Chelsea after excelling at the World Cup in South Africa.
David Manga will wear jersey n. 17
Central African Republic
winger David Manga has signed a three-year contract with Serbian champions Partizan Belgrade.
The 22-year-old joins from German second division side Munich 1860, where he spent his entire three-year spell at the club playing for their reserve team in the lower tiers.
"We brought him in as an investment for the future because he is a talented player with the level of raw quality required to play for Partizan," the club's director Mladen Krstajic said.
"It's now up to him to work his way into the first team."
Manga, who was born in Paris and graduated from the Paris Saint-Germain academy, has five international caps so far but is yet to score for his country.
U23 captain Samuel Inkoom will receive only half of his monthly salary at Ukrainian side Dnipro for opting to play in Sunday’s All Africa Games qualifier
The 21-year-old was on pre-season training with his club when he asked for permission to play the second leg match in Kumasi.
But becasue the All African Games qualifier is not FIFA approved, the club are not obliged to the release the right-back for the clash.
However, Inkoom agreed to a salary deduction as a condition for his release to help the Black Meteors over-turn the 3-1 deficit.
Ghana defender Lee Addy has expressed shock at Red Star Belgrade’s decision to take disciplinary action against him for allegedly refusing to report for pre-season.
Reports emerged last Sunday that the Ghana defender was given a deadline of midnight on Monday to join his teammates or face a disciplinary action at Fifa or Uefa.
The centre-back claims he had explained to a club official about his malaria illness and forwarded his medical reports to club for verification.
Addy believes he has done no wrong and has been taken aback by reports of his truancy and malingering.
Lee Addy has to report to Red Star Belgrade today or risk being reported to FIFA by his Serbian club.
Red Star officials say Addy has missed his return date and has simply refused to answer phone calls from club officials including coach Robert Proscinecki.
Now the furious Serbs say they will go to UEFA and FIFA to deal with the matter if need be.
“Addy simply does not answer the calls he get from Red Star officials,” Sports Director of Red Star Ivan Adzic said.
“The only one who was able to maintain contact with him, after seven days of trying, is the team manager Mirko Abramovich.
striker Prince Tagoe's return to Hoffenheim is in doubt after the German side failed to guarantee him a place in the first team.
are keen on Tagoe's return after a successful loan spell at Serbia champions Partizan Belgrade.
The 24-year-old steered the club to a league and cup double which means they will play in the Champions League next season. Hoffenheim are also pushing him to sign a contract extension but Tagoe has told the Germans that he doesn't want to sit on the bench.
“He had a meeting but nothing concrete was arrived at but hopefully we would sort out something," a source close to the player said.