Chris Coleman has reportedly expressed an interest in Speed, who is unlikely to want to play a passing role in the team this season. Leeds had already attempted to use Speed in the deal for Milner.
Hugo Viana and Laurent Robert have also been linked elsewhere. First-team opportunities look to be slim for the former, who only started 10 games last term, while Frenchman Robert will not be able to get away with complacent performances as Milner, although right-footed, is able to play on the left.