Wolves have broken their transfer record to sign 18-year-old Fabio Silva from Porto for a reported £35m.
The striker, the youngest player to represent Porto in the league, has signed a five-year deal at Molineux.
“Our recruitment team have been watching Fabio since he played for Portugal Under-16s,” Wolves chairman Jeff Shi said.
“They feel he has always been the best number nine coming through his age group anywhere in Europe.”
He added: “Fabio is a young player who shows not only incredible technical ability, but also his game intelligence for a player of his age is top class.
Silva made his debut for Porto in August 2019 aged 17 years and 22 days.
Wolves’ previous record signing was Raul Jimenez from Benfica for £30m in 2019.
Wolves, who played a Europa League quarter-final against Sevilla on 11 August, begin their Premier League season at Sheffield United on Monday, 14 September.