Wolves transfer news: Rui Patricio compensation finally agreed with Sporting

The Portuguese international arrived in the summer after cancelling his contract with the Primeira Liga giants following a dispute with the club

Wolves have finally reached agreement with Sporting CP for goalkeeper Rui Patricio.

The Portuguese international arrived in the summer after cancelling his contract with the Primeira Liga giants following a dispute with the club.

The 30-year-old was one of nine first-team players to terminate their association with the club following an attack by fans.

Newly-promoted Wolves snapped him up with Sporting demanding as much as £50m in compensation in return.

But after prolonged negoatiations the two parties have come to an agreement for a fee of £16m.

A club statement read: "Wolves have reached an agreement that will see Sporting Clube de Portugal receive a fee of €18m for the transfer of goalkeeper Rui Patricio.

"Wolves now consider the matter finalised and will make no further comment."

Patricio has kept four clean sheets as Wolves have enjoyed a strong start to the Premier League season.