Peterborough boss Gary Johnson has high hopes of signing Wolves defender Mark Little on a permanent basis.
The versatile defender was brought to London Road on loan in March by previous boss Jim Gannon and made nine starts for the relegated Championship side.
The 21-year-old is now out of contract at Molineux and Johnson hopes to sign the youngster as he prepares for life in League One.
Johnson said: "Mark is happy to be at the club, but his agent is away on holiday at the moment.
"I hope it's pretty close now. It's just a case of his representative coming back and we'll be nearly there."
But experienced former Bristol City boss Johnson admits to also pursuing other targets in case the deal for Little does not materialise.
He added: "You have to have other irons in the fire because if you're chasing a quality player you can never be sure you have them until they sign on the dotted line."
Johnson has been promised funds in the transfer window and is looking to strengthen his squad in all areas as he seeks to guide Posh back to the Championship at the first time of asking.
He added: "We've made two offers and they're mulling over the terms at the moment so it should be done soon.
"We're ideally looking for six or seven players and I'm looking at strengthening in most positions."