Wolves have agreed a £3million fee with Cardiff for striker Joe Mason, sources have told TEAMtalk.com.
Wolves have held a long-term interest in Mason and tried to sign the player during the summer transfer window, but Cardiff were able to keep hold of the 24-year-old.
However, the Molineux club have confirmed they are in advanced talks with their Championship rivals for the striker.
Wolves can confirm they are in advanced discussions with Cardiff City after making a significant bid for striker Joe Mason.
— Wolves (@OfficialWolves) January 27, 2016
The former Republic of Ireland Under-21 international has scored six goals in 23 appearances for Cardiff this season and Wolves have been keeping tabs on his situation.
Wolves are in the market for striking reinforcements after selling Benik Afobe to Bournemouth earlier this month and they have identified Mason as his ideal replacement.
Mason, who joined Cardiff from Plymouth in 2011, scored in the Carling Cup final in 2012 and also helped the club win promotion to the Premier League in 2013.
Cardiff have reluctantly accepted Wolves’ offer for Mason knowing they will not be able to spend any of the money because of the transfer embargo placed on the Welsh club.