Wolves have sold Jeong Sang-bin to MLS side Minnesota United, subject to international clearance and FIFA approval.

The winger spent the past 14 months developing at Wolves sister club Grasshopper Club Zurich.

Having seen Wolves make a 'significant financial return' on the 20-year-old following his switch to the MLS, strategic player marketing manager Matt Jackson has praised the work carried out by Grasshopper manager Giorgio Contini and the club's staff in aiding Jeong's development.

Jackson said: “Giorgio and his coaching team have done a great job of looking after our loan players and integrating a lot of different nationalities into their team.

“We thank them for the work they have done, especially with Sang-bin, as the significant financial return that we have on this investment is a credit to everyone at Grasshoppers."

Jeong will now test himself in the United States as he joins a Minnesota side who are currently unbeaten in the 2023 MLS season following a win over FC Dallas and a draw with New York Red Bulls from their opening fixtures.

“With all of our decisions when it comes to players leaving the club, we want to ensure the moves work for all parties involved, but especially the players," Jackson also told the club's website, “and we felt this was a really good opportunity for Sang-bin to further his development and get the regular game time that he now needs.

“As a club, we've had good experiences with the MLS already this season with the sale of Connor Ronan to Colorado Rapids and Yerson Mosquera being loaned to FC Cincinnati. The MLS is an emerging market; one where players can develop and one which we can benefit from in the future.

“On behalf of everyone at Wolves, we would like to wish Sang-bin all the best for his future and look forward to following his career with interest as he develops into a top player."