Leicester City have reportedly accepted a bid from Wolverhampton Wanderers for striker Chris Wood.

The New Zealand international featured on 26 occasions last term as the Foxes earned promotion back to the Premier League.

However, following the recent arrival of Leonardo Ulloa from Brighton & Hove Albion, the 22-year-old has fallen down the pecking order at the King Power Stadium, which brought about the interest from Wolves, according to Sky Sports News.

An undisclosed offer has now been endorsed, with talks between the player and the Championship club expected to take place later today.