Wolves have agreed a £16.9m fee with Olympiakos for winger Daniel Podence.
Podence will fly to the UK on Wednesday to undergo a medical, with personal terms already agreed.
The 24-year-old has three goals and four assists in 27 matches in all competitions for Olympiakos this season and he is currently under contract at the Greek top-flight club until June 2023.
Podence, who can operate as both a left and right-winger, moved to Greece in 2018 and signed a new deal at Karaiskakis Stadium in October 2019.
Podence celebrates scoring for Olympiakos against Tottenham during the Champions League group stages
He scored against Tottenham during Olympiakos’ 2-2 draw on September 18 in their opening Group B clash in the Champions League this season.
Podence would become Wolves head coach Nuno Espirito Santo’s second acquisition of the January transfer window if he arrives at the club, following Leonardo Campana‘s move from Ecuadorian side Barcelona SC.