Bournemouth are in talks with Wolves' former Sheffield Wednesday striker Benik Afobe.
It is understood that the 22-year-old could seal a move to the Cherries over the weekend, with the south coast side aiming to bolster their forward line.
Norwich hold a long-term interest in Afobe and had several bids rejected in the summer, but Bournemouth now appear the frontrunners for his signature. Allthough a fee is yet to be confirmed it is believed to be in the region of £10m.
Bournemouth boss Eddie Howe lost Callum Wilson for the season to a serious knee injury in September and has already signed Roma's Juan Iturbe on loan until May.
Bournemouth are 16th in the table, four points above the Barclays Premier League relegation zone, and go to Birmingham in the FA Cup third round on Saturday.
Afobe only joined Wolves for £2million from Arsenal last January and has scored 23 goals in 48 games for the club. He has netted 10 goals in 27 outings this term for the Sky Bet Championship side.
On Thursday Wolves boss Kenny Jackett denied they had received any bids for the forward, but the club have hinted they could sell this month.
Last month chief executive Jez Moxey refused to rule out a sale, despite the club issuing a statement in the summer insisting Afobe would not be sold this season.
Owner Steve Morgan put the club up for sale in September - and is looking for close to £40million - and boss Jackett admitted that has an impact on the club.
He said: "Rather than just this window it has had an effect on the whole club - there is no doubt about it. It is Steve's decision how much money he puts in. When does he sell to who? What are the circumstances? There is only really him that can answer that."
Afobe spent four months at Hillsborough from January 2014 to the end of that season, scoring twice.
The striker's last goal for Wolves came against Sheffield Wednesday in Wolves' 4-1 defeat on December 20.