31.08.2016 17:43 h

Monaco winger Cavaleiro joins Wolves

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 nine million euros (£7.6 million, $10 million).

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.

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.