HITC Sport understands Wolves have agreed a deal for the Porto defender.
Willy Boly in action
Wolverhampton Wanderers have agreed a season-long loan deal for Porto defender Willy Boly, HITC Sport understands from sources close to the club.
Boly endured a difficult first season at Porto last term after arriving from Braga last summer.
The former France Under-19 international started just four league games for Porto last season and they are willing to let him leave Estadio do Dragao.
Wolves have held a long-term interest in Boly and even tried to sign the powerful central defender last summer prior to his move to Porto.
Willy Boly (R)
New Wolves boss Nuno Espirito Santo is keen to be reunited with Boly having worked with him at Porto and he sees him as a key addition to his squad.
Boly will become the fifth defender to make the move to Wolves this summer, with Roderick Miranda, Ryan Bennett, Phil Ofosu-Ayeh and Barry Douglas having already made the switch to Molineux.
Wolves also remain in talks with Porto over a club record deal for Portugal international Ruben Neves as the club's owners the Fosun Group continue to spend big to strengthen the squad ahead of the new Championship season.