Date:Wednesday August 23 2006
Wolves left back Lee Naylor has travelled to Glasgowto discuss personal terms ahead of his proposed £600,000 transfer to Celtic.
The deal includes 20 year old Charlie Mulgrew joining Wolves on a free transfer.
The swap plus cash is subject to both passing medicals, and is expected to be confirmed later today.
In the current market, £600k for a domestic player in the last year of his contract, plus a replacement represents a tidy piece of business on the part of Wolves CEO Jez Moxey, who had this to say to the clubs official site.
'Lee made it plainly clear he wouldn't sign the new four year contract we had previously agreed and insisted he wanted to join Celtic.
'Faced with that situation the Club reluctantly decided to agree to his request providing the financial terms were right for us and that we received Charlie Mulgrew on a free transfer as well.
'However, whilst we now have agreement with Celtic, nothing will be finalised until both players involved have agreed personal terms and passed medicals.'
Wolves come from behind twice to draw with Villa (Wednesday July 29 2015)
Sako set to complete West Brom switch (Tuesday July 28 2015)
Domino's begin to fall (Monday July 27 2015)
Midfield the key for Wolves (Sunday July 26 2015)
McDonald talks stall (Friday July 24 2015)
Henry keen on Charlton move (Thursday July 23 2015)
Wolves mourn FA Cup winners passing (Wednesday July 22 2015)
Henry to be sold to Charlton? (Tuesday July 21 2015)
Does suspended ban send out right message? (Monday July 20 2015)
Sako will be hard to replace says Jackett (Monday July 20 2015)
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