Jorgen Strand Larsen has reportedly agreed a five-year contract renewal in a major boost for Wolves.
Wolves faced a battle to keep hold of their star striker over the summer as they rejected two late bids from Newcastle.
But now he is set to commit his future to the Premier League basement boys as he has agreed a five-year extension with the option of a sixth, according to Sky Sports.
Wolves hope the Norwegian, 25, can find the form he displayed last year as they currently sit 20th with no points after four games.
Strand Larsen hit 14 Premier League goals last campaign as the Midlands side completed a great escape under manager Vitor Pereira.
Pereira himself has penned a new three-year deal despite their torrid start to the season, Wolves announced on Thursday.
More to follow.
Strand Larsen is still waiting for his first Premier League goal this season but may not get the chance to break his duck when Wolves host Leeds United on Saturday.
That's because he has injured his Achilles tendon, an issue which has caused him to miss their two recent league fixtures against Everton and Newcastle.
Pereira has urged 'patience' with the striker as he gets back to full fitness but fans will understandably be eager to have him back sooner rather than later.
More to follow.