Wolves to receive transfer windfall as 'assist whizz' nears Championship 'escape'

Wolverhampton Wanderers are set to earn a small windfall fee as former player Ryan Giles is expected to sign for Hull City from Luton Town before the transfer deadline.

The versatile wing-back and midfielder was sold to Luton in the summer for around £5 million, with buy-back and sell-on clauses included. Sporting director Matt Hobbs confirmed those aspects of the deal at the time and Wolves are now set to reap the rewards.

Daily Mail reports Hull are in advanced talks to sign Giles from Luton on an initial loan with a £4.25 million obligation to buy. It awaits to be seen how big the sell-on clause is, but Wolves are guaranteed to receive at least some of that fee.

Things haven't worked at Kenilworth Road for Giles, with just 500 minutes accumulated in the Premier League. With the former England Under-20 international able to play anywhere across the midfield, in attack or at left-back, it's a surprise Luton haven't made better use.

Many Wolves fans were disappointed about Giles' sale as the 23-year-old was a creative whizz while on loan at Middlesbrough last season, notching 11 assists in 45 Championship appearances. That hasn't continued this campaign but an escape back to the English second tier could reignite his career.