Wolverhampton Wanderers have made their first signing of the close season by snapping up Bournemouth striker Sam Vokes for an undisclosed fee.

The 19-year-old passed a medical on Friday morning and signed a four-year deal to cap a magnificent week after he was named in the Welsh senior squad earlier in the week for the first time.

Wolves manager Mick McCarthy said: "Sam is a great young talent who our scouts have been watching for some time. I saw him when he played for the Welsh under-21s against England last week and he was excellent.

"He is a target man who is physical, strong and good in the air. He was involved in a real scrap in trying to keep Bournemouth up at the end of the season. It was tough but will have been a good experience for such a young player.

"I have been very impressed with him and I think he is quite capable of doing well in this league despite his tender years."

The arrival of Vokes will not mean the end of speculation that Wolves are still pursuing Burnley's Kyle Lafferty and are said to be offering £2 million plus Republic of Ireland striker Stephen Elliott in exchange.

McCarthy is believed to be an admirer of the Northern Ireland international and was considering a move for the 20-year-old midfielder during the January transfer window.

Lafferty has scored ten goals in 83 appearances for the Clarets from the left of midfield and at 6'4", offers an aerial threat as well.

However, Wolves may face a fight to sign Lafferty who has been courted for some time by Glasgow giants Celtic and Rangers, while Fulham are rumoured to be monitoring the situation as well.

McCarthy has a long association with Elliott. He signed him from Manchester City in June 2004 for a fee of £125,000, set by a tribunal, with extra payments linked to his performance. McCarthy later admitted that he had bought him outrageously cheaply.

He quickly established himself as a first-team regular, scoring 15 goals as the team finished as champions in 2005. However, his Premiership season was largely disrupted by injury, although prior to his injuries he scored spectacular long-range goals against Manchester United and Newcastle United.

On Sunderland's return to the Championship, he showed good form when fit, but again injury problems blighted his career.

Elliott moved to Wolves last July for an undisclosed fee (reportedly around £750,000), linking up again with McCarthy. However, he failed to make a strong impact at Molineux and was transfer-listed at the end of the season.

Elliott was one of six Wolves players transfer listed by McCarthy