The 26-year-old midfielder has been expected to leave Molineux this summer and is poised to become the latest high-profile player to move to the Middle East, the PA news agency understands.
Wolves are now in talks with Al Hilal for Neves, who only had a year left on his contract, with a move – which will be a club-record sale – likely to be completed this week.Karim Benzema completed a free transfer to Al Ittihad this month and Chelsea midfielder N’Golo Kante is linked with joining him, while Cristiano Ronaldo moved to Al Nassr in December.
They have been under pressure to sell to avoid breaching Premier League spending rules after splashing out €234m this term.
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