AC Milan and Wolverhampton have agreed the move for Patrick Cutrone.
Premier League side will pay £16.21 m + add ons (£3.5 m). 21-year-old Italian international will undergo medical and if the results are ok, he will sign a contract.
Cutrone has scored 3 goals and provided 2 assists for Milan last season. He was not a player of starting lineup for Gennaro Gattuso, as the latest preferred to use Gonzalo Higuain in the first part of 2018/19 campaign and Krzysztof Piatek during the second half.
After completing permanent deals for Raul Jimenez and Leander Dondencker and signing Jesus Vallejo on loan terms, Wolves will have their second summer newcomer.