Wolverhampton Wanderers confirm Helder Costa capture

Wolverhampton Wanderers have confirmed the signing of Benfica winger Helder Costa on a one-year loan deal.

The 22-year-old, who has previously had stints with AS Monaco and Deportivo La Coruna, is the first in a wave of expected signings by the Championship side following their takeover by Chinese conglomerate Fosun International last week.

Wolves are delighted to complete the signing of Benfica winger Helder Costa on a season long loan. #welcomehelder pic.twitter.com/9XW5jstI6K

— Wolves (@OfficialWolves) July 29, 2016

Wolves also confirmed that they are "close" to concluding a deal for Atletico Madrid defender Silvio, subject to him "formalising the terms of his departure" from the La Liga side.

The club added that it had held talks with Benfica midfielder Pele but he is now "unlikely" to sign a deal as he considers other transfer options.

Other names linked with Wolves in recent days include £20m-rated Liverpool target Anderson Talisca and Fulham defender Richard Stearman.