Sky sources report that Wolves striker Benik Afobe is set for a medical at Bournemouth on Sunday.
The Premier League outfit have emerged as the front-runners to sign the 22-year-old and put in a £10m bid on Friday.
If the deal goes through Afobe would become Bournemouth's new record signing, following in the wake of Tyrone Mings, who joined for £8m from Ipswich last summer.
The Cherries are currently 16th in the Premier League, four points clear of the drop zone, but they could do with extra depth in attack, Callum Wilson having picked up a bad knee injury in September.
The Dorset side have already agreed the signing of Roma winger Juan Iturbe on loan until the end of the campaign.
And they now appear to be closing in on England U21 international Afobe, who joined Wolves from Arsenal in January last year.
He has been a regular goalscorer since arriving at Molineux and has bagged 23 goals in 48 games for the Championship side.
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