Date:Sunday January 22 2006
Sources in Spain say New Elche President Jose Sepulcre is set to announce Monday that the sale of Tomasz Frankowski to Wolves can go ahead.
It was hoped that the deal could be ratified earlier, but a delay has been caused by the resignation of former President Ramon Sanchez.
Sanchez decision to leave the club has left the way clear for Vice -President Sepulcre to take over the reigns.
Sepulcre's appointment will be officially announced after the weekend, and sources say that an announcement regarding the sale of Franek will follow shortly after.
The offer is said to be in the region of 2 million euro's, rising to 2.5 million dependent on appearances, goals, and Wolves gaining promotion. There is also a 15% sell on clause.
The deal satisfies Elche's previously stated conditions of sale and will give a much needed cash injection into the club who are currently 12 million euro's in debt.
Everton join list of clubs interested in Sako (Wednesday May 27 2015)
Iorfa and Hause receive England call (Tuesday May 26 2015)
Wolves make first signing of the summer (Friday May 22 2015)
Afobe named in England squad (Thursday May 21 2015)
Afobe knows he must improve (Wednesday May 20 2015)
Is Sako worth £80,000-a-week? (Tuesday May 19 2015)
Wolves need a few more players says Van La Parra (Tuesday May 19 2015)
Wolves set to bid £3million for Cardiff striker (Monday May 18 2015)
Trio fail drugs tests (Monday May 18 2015)
Promotion pressure for Wolves (Friday May 15 2015)
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