The Black Cats have seen three bids turned down for the Scottish striker, and that prompted him to hand a transfer request at Molineux.
Fletcher's stance has seen him not involved under new boss Stale Solbakken - who has been keen for the saga to come to an end.
Wolves have always insisted that they would not let Fletcher, or any player, leave until their valuation was met.
But the two clubs are understood to have finally agreed a fee, allowing Fletcher to discuss personal terms with Martin O'Neill's outfit.
The push for more color on their cleats, adidas has added the infrared colorway to the adiZero f50 Line.
adidas has added some color to the Predator line with this new colorway. Released on May 17. Be the first to own a pair.
The Juventus jersey for the 2013/14 was released earlier this week. Be the first to wear the colors of the Old Lady.
Ajax has released their away soccer jersey for the 2013/14 season. Get in the Gear.
Chelsea won the Europa League on Wednesday. The Blues defeated Benfica 2-1 on injury time goal from Ivanovic.
The adidas Nitrocharge is the most talked about new cleat in years. It was released on May 15 and will take your pitch by storm.
The new PUMA evoSPEED 1.2 FG. A great new soccer cleat with classic look and first time for PUMA to be on the cleat.
Borussia Dortmund hears Wembley Calling and are headed to London for the Champions League final.
Bayern Munich are kings of Germany and hope to be crowned kings of Europe at Wembley later this month!
The Liverpool 2013/14 soccer jersey is available for pre-order. The Reds are eager to compete for silver next season.