The left-back, 21, is poised to pen a month-long loan deal from the Premier League club and the deal should be completed within the next 24 hours.
However, Briggs will not be in contention to feature for the club until Tuesday's home clash against Sheffield Wednesday.
Elsewhere, first-choice goalkeeper Manuel Almunia is a doubt for the encounter at Molineux having been forced off at half-time in last weekend's 2-1 victory at Derby with a hamstring complaint.
Jonathan Bond stepped in at Pride Park and will start from the off should Almunia not recover in time from an injury which is not as bad as first feared.
Wing-back Daniel Pudil is fit having missed the last two games due to illness, but defenders Fitz Hall (hamstring), Tommie Hoban (ankle) and Neuton (back) all continue to miss out while John Eustace has suffered a recurrence of his back problem.
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- Manuel Almunia