Wolves snatch Ivan Cavaleiro from Monaco
To see a list of completed deals in the summer window thus far, visit theScore's Premier League transfer tracker.
Monaco - Portuguese forward Ivan Cavaleiro, 22, has joined English second-tier side Wolverhampton Wanderers from Monaco, the two clubs confirmed on Wednesday.
Cavaleiro has signed a five-year deal at Molineux with the transfer fee estimated to be in the region of €9-million.
✍️ We are delighted to confirm that Ivan Cavaleiro has signed for Wolves from @AS_Monaco. #WelcomeIvan pic.twitter.com/xiBOuHQeYt
— Wolves (@OfficialWolves) August 31, 2016
The Portugal under-21 international signed for Monaco in the summer of 2015 from Benfica but has never been a regular at the Stade Louis II.
"It's a good challenge for us so it's exciting and I want to help the team join the Premier League," Cavaleiro told the Wolves website.
Related: Monaco offloads Love and Tisserand
He becomes the third player to leave Monaco on transfer deadline day after out-of-favour striker Vagner Love joined Turkish side Alanyaspor and defender Marcel Tisserand was sold to Bundesliga outfit Ingolstadt.