Wolverhampton Wanderers have confirmed that an agreement has been reached with Lillestrom for striker Bjorn Sigurdarson.

The West Midlands club, who were relegated to the Championship at the end of last season, have been in discussions with the Iceland international in recent weeks.

Wolves boss Stale Solbakken told the club's official website: "I am very pleased that an agreement has been reached for us to sign Bjorn.

"He is an exciting young prospect who has the quality to help us achieve our aims both in the short and long term. We look forward to the deal being completed next month after which Bjorn will be able to join us as we prepare for the new season."

The two parties are believed to have agreed a reported £2.4m following a number of stumbling blocks during negotiations.