This season, the 22-year-old has made 30 appearances for Wolves while on loan from City.
Additionally, Gary O’Neil’s team has activated the clause to make that change permanent.
According to Sport, Manchester City has both a buy-back option and a 50% sell-on clause.
Despite only making seven appearances in the main team since joining City at the age of eight, Doyle had loan stints with Sheffield United, Hamburg, and Cardiff.
On Saturday, he is not allowed to play in the Premier League against his parent club.