English Championship side Wolverhampton Wanderers have confirmed the signing of forward Ivan Cavaleiro from Monaco for a club record fee, believed to be in the region of £7m.

The 22-year-old has put pen-to-paper to a five-year contract at the club with the option of extending it for a further year when the deal expires in 2021.

Cavaleiro is a versatile player who can play both as an attacker as well as a winger and joins compatriots Silvio, Helder Costa and Joao Teixeira at the Championship club.

The Portuguese international came through Benfica's youth academy, going on to play a total of 20 matches for the side, scoring a lone goal and setting up one more for his team-mates before leaving them in 2015.

He has since been at French side Monaco and has played a total of 22 matches for the Ligue 1 side, scoring three goals.  


Giving his reactions post securing the move, the young forward told his club's official website: “I am very happy to be here, knowing that a good team want me and I’m very excited for this new challenge.

“I knew the club wanted me when I was in Portugal on my holidays. My agent called and told me and said that I could be part of Wolves this season.

“He told me that the club has got a new challenge this year – to go up to the Premier League. It’s a good challenge for us so it’s exciting and I want to help the team join the Premier League."