Wolves have agreed a 15m fee with Flamengo for midfielder Joao Gomes.
The 21-year-old only made his debut in 2020 but has become a regular in the Brazilian league.
Wolves boss Julen Lopetegui identified Gomes as a key potential signing leading into what has been a busy transfer window at Molineux.
However, the Premier League side faced competition for Gomes from Lyon, with Flamengo keen to do a deal with the French club.
Gomes preferred Wolves and it is anticipated he will fly into England early next week before completing his medical.