Wolves have signed Portuguese right-back, Nelson Semedo, from Barcelona in a deal that could be worth £37m.
Manager Nuno Espirito Santo had been seeking a replacement for Matt Doherty, who moved to Premier League rivals Tottenham last month.
Semedo, 26, has played 124 times for Barca and won 13 Portugal caps.
Barcelona said the deal is an initial 30m euros (£27.61m) plus 10m euros “in variables”.
Semedo, who has signed a contract until 2023, is the third permanent signing by Wolves during this transfer window, following the arrival of Fabio Silva from Porto and Ki-Jana Hoever from Liverpool.
If Wolves pay the full £37m then Semedo would become the club’s record signing, eclipsing the £35.6m they paid for Silva.
When asked why he chose to join Wolves, the defender told the club website: “Last year they did a very good season and it’s a very important team in England, in also Europe. I hope this year we can do very good things.
“Coach Nuno is a very good coach. He did very good things here in Wolves, and in other teams too. For sure I’m going to learn a lot from him.”