Wolves have signed midfielder Ruben Neves from Portuguese club FC Porto for a Championship record fee. The 20-year-old had been linked with a £15.8m move to Wolves, whose owners, Fosun, have a close relationship with Portuguese agent Jorge Mendes.
He has signed a five-year deal and played under Wolves boss Nuno Espirito Santo at Porto.
The Championship club have also signed central defender Willy Boly on a season-long loan from Porto.
Although the fee is officially undisclosed, Wolves confirmed it is a club record, which would make Neves the most expensive player in Championship history.
The previous record is the £13m Wolves paid to Benfica for winger Helder Costa in January.
Neves became the youngest captain in Champions League history when he led Porto against Maccabi Tel Aviv in 2015.
“I have always wanted to play in England and we have a good team,” he told the Wolves website.
“I think we can do good things this season. It is also a good opportunity for me to work again with a trainer I worked with last year.”