Wolves have announced the signing of Portugal youth international striker Fabio Silva from Porto for a club-record fee.
Silva, 18, has put pen to paper on a five-year deal, reported to be worth some £35million.
The teenager is set to link up with his new team-mates next week ahead of the start of the Premier League campaign against Sheffield United on September 14.
Wolves chairman Jeff Shi is confident the youngster can make an impact for Nuno Espirito Santo’s squad, who are looking to build on last season’s run to the Europa League quarter-finals.
“We’ve been following Fabio’s development for a long time. He’s a player that you only need several minutes to see his natural football talent,” Shi said on the club’s official website.
“In recent years, Fabio has been developing very fast and now has proven himself in Porto’s first team, which is a top squad.
“Our head coach’s requirement for quality is very high, but he thinks Fabio is an important signing who will help the team immediately this season.
“The timing of this deal is similar to the timing of when we bought Ruben Neves; we’ve waited for the right time to get a high-quality player at the right price.”