Exeter City could be in line for a cash windfall with former defender Scott Golbourne closing in on a switch to League One Wolverhampton Wanderers.
The 25-year-old former Bristol City and Reading youngster left St James’ Park in the January transfer window of 2012 for a fee believed to be in the region of £85,000. However, the Grecians insisted on a sell-on clause and are now set to reap the benefit if his move to Molineux goes through.
It is believed the Black Country club have agreed a fee with Barnsley for Golbourne, who underwent a medical at Wolves yesterday and the deal is expected to be concluded today.
Although no fee has been given for Golbourne, it is believed Barnsley have agreed something between £350m000 and £500,000 for the player, who made over 100 appearances during his two-and-a-half years at St James’ Park.
Golbourne signed on a free transfer for Exeter after his release by Reading in July 2009 and quickly established himself as the club’s first-choice left-back.
His rampaging runs down the left wing soon had scouts coming to St James’ Park, but it was financial circumstances that forced City to sell him to Barnsley as they battled to avoid relegation from League One.
Manager Paul Tisdale will now be hoping that any money the club received from his sale with be ploughed into his playing budget with the City boss hoping to make one addition before the transfer window closes on Tuesday.
With no recognised right-back in his first-team squad, that may be the position where Tisdale looks to strengthen.