Bolton Wanderers have made their third signing of the month by snapping up Wolves midfielder Mark Davies for an undisclosed fee.
The 20-year-old had been out on loan with Leicester City, but was recalled to Molineux before penning a four-and-a-half-year deal with the Trotters.
Davies scored once in nine appearances for the Foxes, having netted twice in 35 outings for parent club Wolves earlier on in his career.
Wolves chief executive Jez Moxey told the club's official website: "As both Mick McCarthy and myself have stated, we wanted to keep Mark at Wolves and offered him a long-term contract for that purpose.
"Unfortunately he has decided he would like to move elsewhere, but we would like to place on record our thanks for his efforts at Wolves and wish him all the best for the future."
Bolton boss Gary Megson has already bolstered his squad this month with the signings of central defender Sebastien Puygrenier and striker Ariza Makukula.