Ajax have reached an agreement with Wolverhampton Wanderers to sign Nigerian striker Tolu Arokodare on loan, according to transfer expert Fabrizio Romano.

Providing further details of the deal in a post on X, Romano wrote: “Loan with salary fully covered by Ajax, €22m buy option clause not mandatory. Loan fee also included.”

He added that Wolves will also benefit from performance-related incentives, saying: “Wolves to receive bonuses based on Ajax qualification for European competitions.”

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The transfer expert concluded the update with his trademark confirmation: “Here we go.”

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The deal will see Ajax cover Arokodare’s full wages during the loan spell, while retaining the option to make the move permanent for €22 million at the end of the season. However, the purchase clause is not compulsory.