Wolves have completed the signing of Nenad Milijas from Crvena Zvedza, according to reports in Serbia.
B92 claims representatives of the Serbia midfielder, 26, have travelled to Birmingham to negotiate terms and a four-year contract has now been signed.
The board of directors at Crvena Zvedza apparently approved the transfer on Friday but have refused to disclose the fee agreed.
Reports in England on Saturday claimed that Spanish side Racing Santander had made a late attempt to hijack the deal, but B92 says the interest was not taken into consideration as no official offer was made.