Wolves are understood to have agreed a fee of around £5m to sign the Portugal international João Moutinho from Monaco.
Wolves are reportedly ready to offer the 31-year-old midfielder a two-year deal as they add to their squad ahead of their Premier League return next month.
Moutinho is expected to become Rúben Neves’s midfield partner at Molineux in an impressive coup for the club. Moutinho won Euro 2016 with Portugal and has 113 international caps. He started Portugal’s opening two games of the World Cup this year.
The former Porto midfielder is the third highest capped player in Portugal’s history behind Cristiano Ronaldo (154) and Luis Figo (127). He also helped Monaco to the Ligue 1 title in 2017 having won the Europa League and three Primeira Ligas with Porto.
Moutinho will follow Portugal teammate Rui Patrício to Molineux after the goalkeeper joined on a free transfer from Sporting Lisbon having terminated his contract after an attack by fans. Sporting have complained to Fifa and want compensation for the 30-year-old.
Portuguese players Diogo Jota and Rúben Vinagre, in addition to Neves, are also at Molineux as the club utilise their relationship with super agent Jorge Mendes.