The 25-year-old handed in a transfer request following Wolves' relegation from the Premier League last season and has not been involved in their Championship campaign thus far.
The Black Cats reportedly had two bids turned down for the striker, but according to the Express & Star, a fee in the region of £14m has been agreed.
Fletcher scored 12 goals for Wolves last season.
Restore Data
| Team | P | W | D | L | F | A | GD | PTS | |
| 1 | Liverpool | 11 | 9 | 1 | 1 | 21 | 6 | 15 | 28 |
| 2 | Manchester CityMan City | 11 | 7 | 2 | 2 | 22 | 13 | 9 | 23 |
| 3 | Nottingham ForestNott'm Forest | 10 | 5 | 4 | 1 | 14 | 7 | 7 | 19 |
| 4 | Brighton & Hove AlbionBrighton | 11 | 5 | 4 | 2 | 19 | 15 | 4 | 19 |
| 5 | Chelsea | 10 | 5 | 3 | 2 | 20 | 12 | 8 | 18 |
| 6 | Arsenal | 10 | 5 | 3 | 2 | 17 | 11 | 6 | 18 |
| 7 | Fulham | 11 | 5 | 3 | 3 | 16 | 13 | 3 | 18 |
| 8 | Aston Villa | 11 | 5 | 3 | 3 | 17 | 17 | 0 | 18 |
| 9 | Tottenham HotspurSpurs | 10 | 5 | 1 | 4 | 22 | 11 | 11 | 16 |
| 10 | Brentford | 11 | 5 | 1 | 5 | 22 | 22 | 0 | 16 |
| 11 | Bournemouth | 11 | 4 | 3 | 4 | 15 | 15 | 0 | 15 |
| 12 | Newcastle UnitedNewcastle | 10 | 4 | 3 | 3 | 10 | 10 | 0 | 15 |
| 13 | Manchester UnitedMan Utd | 10 | 3 | 3 | 4 | 9 | 12 | -3 | 12 |
| 14 | West Ham UnitedWest Ham | 11 | 3 | 3 | 5 | 13 | 19 | -6 | 12 |
| 15 | Leicester CityLeicester | 10 | 2 | 4 | 4 | 14 | 18 | -4 | 10 |
| 16 | Everton | 11 | 2 | 4 | 5 | 10 | 17 | -7 | 10 |
| 17 | Crystal Palace | 11 | 1 | 4 | 6 | 8 | 15 | -7 | 7 |
| 18 | Wolverhampton WanderersWolves | 11 | 1 | 3 | 7 | 16 | 27 | -11 | 6 |
| 19 | Ipswich TownIpswich | 10 | 0 | 5 | 5 | 10 | 21 | -11 | 5 |
| 20 | Southampton | 11 | 1 | 1 | 9 | 7 | 21 | -14 | 4 |
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