Wolves have signed Valencia forward Goncalo Guedes on a five-year contract.
Just minutes after confirming captain Conor Coady had left to join Everton on loan, the club announced the arrival of the 25-year-old former Benfica academy graduate.
'We have been monitoring Goncalo for a long time and are very pleased to welcome him to Wolves,' said chairman Jeff Shi.
Guedes (number 17) has been a fringe player for Portugal since his 2015 international debut
'He has natural talent and has performed very well across Europe and for his country, and we think he is well suited to the Premier League.