Wolves set to sign Northampton striker Ivan Toney for £500,000

Wolverhampton Wanderers have reportedly agreed a deal to sign Northampton striker Ivan Toney.

Despite leaking goals in recent weeks, Wolverhampton Wanderers manager Kenny Jackett chose to bring in another striker in Danny Graham.

The Sunderland loanee failed to help Wolves find a win on Saturday, losing 3-0 to Nottingham Forest at Molineux - and even though fans are calling for defensive reinforcements, Wolves and Jackett look set to add another forward.

On Friday, it was reported that Wolves were the mystery side to have a bid rejected for Northampton's teenage striker Ivan Toney - yet now, they seem to have reached an agreement with the League Two side.

According to The Express and Star, 18-year-old Toney spent yesterday undergoing a medical with Wolves ahead of a move to the West Midlands.

The fee is believed to start at £500,000, with add-ons potential taking the deal up to £1m - a fairly big fee for such a rookie even in Football League terms.

Toney has scored six goals this season, which is already double the tally that he ended up with last season, becoming a more important part of the Cobblers side this term.

Toney is Northampton's highest regarded youngster since Michael Jacobs, who of course now plays for Wolves by way of Derby County.

Jacobs has fallen down the pecking order this season, and Wolves have to be hoping that Toney has a bigger, longer lasting impact - even if he appears to be one for the future.

FIFA World Cup 2018FIFA 2018 World Cup Russia - click here for all of our coverage...

Register for HITC Sport - Daily Dispatch