Wolves are due a massive windfall from Everton defender Joleon Lescott's move to Manchester City.

The Telegraph says Wolves are due to receive almost £3.5m as part of the deal after securing a 15 per cent sell-on clause when selling the player to Everton for £5m in August 2006.

Lescott goes to City for an initial £22 million rising to £24 million.