Liverpool midfielder Darren Potter has signed for Wolves on a permanent basis for an initial fee of £250,000.
Potter has impressed while on loan at Wolves
The Reds could receive up to £525,000 depending on add-on clauses.
The 22-year-old signed a season-long loan deal with the Championship club in August and has now put pen to paper on a three-and-a-half-year deal.
Potter signed as a trainee for Liverpool in 2003 and gained first-team experience during a loan spell with Southampton in 2006.
The midfielder is also a Republic of Ireland Under-21 international.