Wolves have confirmed the acquisition of Matheus Nunes for a club-record transfer fee.
Nunes, a Brazilian-born Portugal international, has signed a five-year deal at Molineux after arriving from Sporting CP.
It has been reported that Wolves are paying an initial £38million (€45m), with add-ons potentially taking the fee to £42.2m (€50m).
The 23-year-old has been linked with a Premier League move over the last year, and follows Nathan Collins and Goncalo Guedes as Wolves' third signing of the transfer window.
Bruno Lage will have the midfielder, who scored in his final match for Sporting, at his disposal for Saturday's trip to Tottenham.
Capable of playing in any central role in midfield, Nunes is relishing the chance to play in the Premier League.
"I'm very excited. For me, I could play tomorrow already, but I can't because the game is Saturday, but I'm looking forward to it," Nunes told Wolves' official website.
"I think the club itself [convinced me] and also I spoke to some of my team-mates because I play with them for the national team.
"The coach as well, he really wanted me, and I wanted to play in the Premier League. I think it's the right next step for me, and I'm very happy to be here."
Lage has elected to stray away from the three-at-the-back system with which Wolves have become so familiar in recent seasons, a move that also facilitated club captain Conor Coady leaving to Everton on loan.
Wolves lost to Leeds United in their opening game before drawing with newly promoted Fulham, and Nunes will be hoping to impress in order to seal his place in Portugal's World Cup squad.
He added: "I just want to enjoy myself and deliver to the fans' expectations, help the club and try to make them enjoy our football."
O'Neil: Pressure has given Wolves 'opportunity' to shine
Wolves boss Gary O'Neil believes his players are beginning to see a deserved reward for their hard work after a difficult start to the Premier League season.
Matheus Cunha's double caught the eye in their 4-1 win against Fulham, alongside goals from Joao Gomes and substitute Goncalo Guedes, as Wolves showed their attacking quality in equal measure to ease some of the tension surrounding O'Neil.
The opening months of the 2024-25 campaign have caused pressure to rise on O'Neil's position after they claimed just one point in their first eight games.
They have now claimed eight points in their last four league games and climbed out of the relegation zone for the first time this season with their victory at Craven Cottage.
O'Neil praised his players at full-time, referencing the battling qualities shown by the squad after key summer exits, and a run of form that could have seen them lose faith in him.
"It's probably one of my favourite performances in my time here as a coach. We knew this was going to be a really tough test with the players we were missing," he told BBC Sport.
"It's been a tough run overall, and we had a tough transfer window. Any team who loses its captain and one of its top players will always have to find a new way to do things in the following season.
"We were given a tough fixture list to start the season with, and the league position brings with it pressure and noise, and that was for us to deal with.
"That pressure also brought an opportunity for us to stand up and show who we are and every single one of them have done just that. We can enjoy this win, but there is still plenty of work to do."
Meanwhile, Fulham have lost three of their last six Premier League games (W2 D1), as many as in their previous 12 games in the competition (W5 D4).
Despite matching Wolves' 10 shots, and creating a similar expected goals (1.01 to Wolves' 1.26), Fulham struggled against their clinical opponents, especially while playing with 10 men following Joachim Andersen's injury, with no substitutions left.
"It was really weird game. That's the Premier League," Marco Silva told BBC Match of the Day. "It's easy for us to say we were really unfortunate. It was a situation [where we had to] play with 10 men without a red card.
"We can't just be looking at the score. The two goals when we were with 10 men didn't reflect the game, in my opinion."
Fulham 1-4 Wolves: Classy Cunha stuns Craven Cottage
Matheus Cunha scored two goals and assisted one as Wolves stunned Fulham with a 4-1 victory at Craven Cottage, making it back-to-back Premier League wins for the visitors.
Alex Iwobi's fantastic long-range curler put Fulham ahead in the 19th minute but Cunha – a bright spark in a so far demoralising season for Gary O'Neil's men – poked home a 31st-minute equaliser.
Cunha turned provider as Joao Gomes put Wolves ahead early in the second half, with the Brazilian duo later trading roles when Cunha added his second with an astonishing finish from the edge of the box.
Fulham were forced to finish the game with 10 men due to Joachim Andersen sustaining an injury after they had used all their substitutes, and Goncalo Guedes came off the bench to add a fourth for Wolves.
The victory lifts them outside the relegation zone on nine points, while Fulham drop two places to ninth, four adrift of the top four.
Data Debrief: Clutch Cunha ready to lead Wolves' survival push
Cunha will justifiably grab the headlines in the coming days after a superb all-round display at Craven Cottage. His opening goal calmed the visitors' nerves before the break as a deft touch and finish ensured the away side went in level.
However, his link-up play in the second half really caught the eye, with a sharp pass to tee up Gomes and a late goal that took the game away from Fulham.
A debate between which of his two goals was better underlines just how impressive he was against Marco Silva's team. He has a total of 10 direct Premier League goal contributions so far this season (seven goals, three assists), meaning he has been involved in half of Wolves' strikes.
He also has 26 goal involvements in his last 29 Premier League starts, scoring 17 and assisting nine. If Wolves are to survive, he will hold the key.
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