The nine-goal top scorer, Hwang Hee-Chan, will sign a new four-and-a-half year contract that will keep him at Molineux until 2028 and rank him among the club’s highest earners.
With two and a half years remaining on his current contract, Wolves were eager to compensate the South Korean international for his excellent play during the season’s first half, which has made him a crucial member of Gary O’Neil’s squad.
Hwang, who signed a £14 million contract after initially joining Wolves on loan from RB Leipzig in 2021, has already exceeded the totals of the team’s highest scorers from the previous three seasons. Hwang has been used as a central striker as well as out wide.
It is understood his new deal will also include the option for an extra year.
Speaking recently about Hwang’s performances and the talks over a new deal, head coach O’Neil said: “It’s important. Channy is here for quite a while anyway, it’s not as if his contract is running down, so he is settled and he loves it here. Me and him get on really well.
“But it’s important we sign the deal, he’s rewarded for the work he has done and we make sure we secure his services.”