Wolves have completed the signing of Hull defender Steven Mouyokolo and hope to seal a deal for Stephen Hunt in the next 24 hours.
The 23-year-old centre back rejected a move to Stoke to sign a four year deal at Molineux with the option for a further 12 months.
He made 21 appearances for Hull last season but expressed his desire to stay in the Premier League after their relegation to the Championship.
Wolves meanwhile are continuing discussions with the cash-strapped Tigers over the transfer of midfielder Hunt, with a deal believed to be in the region of £3million close to being agreed.
Mouyokolo and Hunt will become Wolves' third and fourth signings of the summer after the arrivals of Jelle Van Damme for £2.5million from Anderlecht and the £7million capture of Steven Fletcher from Burnley.