Wolves have reached an agreement to sign Nelson Semedo from Barcelona for £28 million ($37m).
The final deal fee could rise to £38m ($48m) including variables, with Barca confirming Semedo's impending departure via their official website on Wednesday.
"FC Barcelona and Wolverhampton Wanderers Football Club have reached an agreement for the transfer of the player Nélson Semedo," the La Liga giants' statement reads.
"The English club will pay 30 million euros plus 10 more in variables.
"FC Barcelona would like to publicly express their gratitude to Nélson Semedo for his commitment and dedication and wishes him all the best for the future.