Wolves are closing in on the signing of Birmingham defender Roger Johnson after agreeing a fee approaching £7 million.
Johnson held talks with Wolves officials at Molineux on Monday and is now undergoing a medical. Sources close to Wolves anticipate the deal being completed sooner rather than later.
Wolves boss Mick McCarthy has been keen to bring in a new centre-back since the end of last season and had a £3 million-plus bid rejected for Reading's Matt Mills before he moved to Leicester last week.
But Johnson has been on his radar since the end of last season when Blues were relegated from the Premier League.
City had initially been hoping to secure around £10 million should Johnson leave St. Andrew's but a compromise has been reached between the two clubs.
Lifelong Chelsea fan Johnson moved from Cardiff to St. Andrew's in a £5 million deal two years ago. He quickly adjusted to the top flight and formed an effective partnership with Scott Dann, another Championship player with Coventry, becoming one of the most consistent defenders in the division.