Wolves and Barcelona are likely to permanently swap wingers Francisco Trincao and Adama Traore.
Trincao is on loan at Wolves, while Traore is on loan at Barcelona since January.
According to Sport, both players will permanently join the teams where they are currently playing.
The deal is being brokered by super agent Jorge Mendes, and there is no indication as to whether either club would pay the other a fee as part of the arrangement.
Traore has been very impressive since joining Barca in January, scoring and assisting in important games for recently installed coach Xavi.