Wolves are wrapping up a deal for Porto midfielder Vitor Ferreira.

The 20 year-old, reports O Jogo, is set to join Wolves on an initial season-long loan.

Ferreira follows Fabio Silva to Molineaux after the latter signed for a club record £35m last week.

The young midfielder's loan will include a permanent option worth €20m.

Ferreira is currently with Portugal U21's squad and is expected to travel to England on Thursday to complete the transfer.