Wolves are seemingly on the brink of finally signing Joao Palhinha, and transfer guru Fabrizio Romano has now shared what he knows about the deal.

The Lowdown: Palhinha constantly linked

Few, if any, players have been linked with a move to Wanderers in recent months than Palhinha, with the Sporting CP man surely the club's No.1 summer target and recent reports even claiming the deal is as good as done.

The Portuguese colossus looks likely be arrive as Ruben Neves' natural replacement in midfield, as the Wolves hero looks for his own fresh challenge ahead of next season.

Now, Romano has weighed with on what he's heard from Molineux, suggesting the deal is not quite done but the parties are down to just the finer details.

The Latest: Romano drops key update

Taking to Twitter on Friday, Romano claimed that talks are ongoing over the structure of the payments:

"Wolves are in talks with Sporting to sign João Palhinha as new midfielder. Negotiations ongoing as reported by @Record_Portugal, price tag €20m. Discussions ongoing about payment terms, Bruno Lage wants Joao. Work in progress."

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The Verdict: Matter of time?

With each passing day, the more it feels as though Wolves have got their man, in what could be a significant piece of transfer business to kick-start their summer.

It was vital that a player of Neves' brilliance was replaced both immediately and sufficiently, and Palhinha could be the perfect man to come in.

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He has 14 caps to his name for Portugal, scoring twice, and according to FBRef ranks extremely highly in the defensive numbers, registering in the 99th percentile for pressures, 92nd for blocks and 86th for tackles among midfielders in Europe's top leagues.

In other news, a fresh Wolves transfer rumour has emerged. Read more here.