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.'
Player Of The Month: League 1 (Michael Jacobs) (Friday March 7 2014)
Wolves have to enjoy the pressure (Thursday March 6 2014)
Wolves hand out contract extention to defender (Wednesday March 5 2014)
League 1 MOTM February Nomination: Jackett (Wednesday March 5 2014)
League 1 POTM February Nomination: Jacobs (Wednesday March 5 2014)
The future is bright for Wolves (Tuesday March 4 2014)
Wolves to be hunted (Monday March 3 2014)
Police to investigate Molinuex incidents (Monday March 3 2014)
Stats: Wolves v Port Vale (Saturday March 1 2014)
Foley joins Blackpool from Wolves (Friday February 28 2014)
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