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EXCLUSIVERevealed: Matheus Cunha's eight-figure release clause after he signed new Wolves deal amid interest from Arsenal, Chelsea and Tottenham

Wolves forward Matheus Cunha’s new release clause is worth £62million, Mail Sport can reveal.

Cunha is one of the hottest properties in English football and was a target for a host of clubs during the winter transfer window.

But the Brazil international signed a new four-and-a-half year deal over the weekend to commit his immediate future to the Molineux club.

However, the contract did include a release clause that becomes active at the end of the season.

And Mail Sport can reveal the value of the buy-out is believed to be set at £62million.