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Wolves agree £8.5m deal with Leicester for Conor Coady

Conor Coady is poised to leave Wolves and join Leicester in a deal worth a possible £8.5million.

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Conor Coady (Getty)

The clubs have agreed a switch which will see Wolves receive an initial £7.5m fee for their former skipper, with a further £1m to follow should the Foxes earn a return to the Premier League.

Coady is due to undergo a medical on Thursday ahead of completing a move which will bring to an end his eight-year stay at Molineux, during which time he made more than 300 appearances for the club.

Wolves had rejected an initial approach on Tuesday but Leicester, now managed by former Albion favourite Enzo Maresca, were always expected to return with another offer.