Matheus Nunes, a midfielder for Sporting CP, will join Wolves in a contract that sets a club record.
This summer, there was a lot of interest in the 23-year-old, and now he is finally moving to the Premier League.
In recent weeks, there have been links between Liverpool and Manchester City, and David Moyes recently disclosed that West Ham had been unsuccessful in convincing the player to transfer to the London Stadium.
Wolves had to work hard to get Nunes; they reached an agreement on a deal worth €50 million (£42.5 million) with add-ons, exceeding the £35 million they paid for Fabio Silva last summer.
Wolves’ spending will surpass £100 million after paying for Goncalo Guedes, Hwang Hee-Chan, Nathan Collins, and Nunes’ international teammate.