The Edmonton Oilers and new general manager Ken Holland are looking overseas to improve the roster ahead of the 2019-20 season and the team is on the verge of signing free agent forward Joakim Nygard out of Färjestad in the Swedish Hockey League.

Sportsnet’s Mark Spector confirmed with Nygard’s agent, Matt Keator of Olympic Sports Management, that a deal is “all but done” and that the winger could officially sign a contract with the Oilers as early as Friday.

“He’s dialled in [on Edmonton],” Keator told Spector. “He sees a lot of opportunity, with a new GM and a new coach. It’s a great situation.”

Due to the collective bargaining agreement and the fact Nygard is a 26-year-old undrafted European, it will be a one-year deal worth a maximum of $925,000.

“He’s one year away from [being] unrestricted,” Keator added. “It’s about opportunity and getting a chance to play. He likes what he sees there.”