It's happening - what I feared that most - Bolton Wanderers have agreed a fee for the transfer of Korean wing wizard Lee Chung Yong.

We have received reliable information from a trusted source who has given us similar information before - this time it's real. It is believed that the deal was agreed last night.

We are informed that the deal is for an initial £1.25m rising to £2.5m if certain conditions are met including Palace staying in the Premier League.

This leaves Wanderers in an unfavourable position with a distinct lack of midfield creativity - however the incoming funds should allow Neil Lennon to go after his number one transfer target: Celtic's Kris Commons.

We will wave farewell to LCY with him having made his last appearance for the club in the away game at Huddersfield Town - the player then travelled to Australia to take part in the Asian Cup where a leg injury ruled him out of contention.

God speed, Chungy. May we meet again soon.