Wolves have signed Patrick Cutrone from AC Milan.
Sky Sports says the Premier League club have paid 23m to bring the talented forward to Molineux.
Cutrone said: "I'm very pleased to be here because the club really wanted me. I'm very happy and want to give my all for the team.
"The club really wanted me and being able to play in the Premier League for Wolves is fantastic. I just can't wait to get started."
Wolves sporting director Kevin Thelwell added: "Patrick is an exciting signing at a very exciting period for this football club.
"We have a strong philosophy under the leadership of Nuno of bringing in the right type of people and developing young talent while staying humble and grounded as individuals, and we feel Patrick perfectly fits into our philosophy.
"We are very pleased to have a player of Patrick's ability join the club and look forward to him being a part of Nuno's squad in another historic season for Wolves."
