Wolverhampton Wanderers have announced that they have completed the signing of Monaco midfielder Joao Moutinho.

The newly-promoted Premier League side have been linked with a number of high-profile signings this summer, and goalkeeper Rui Patricio and forward Raul Jimenez have already arrived from Sporting Lisbon and Benfica respectively.

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However, the West Midlands outfit have now confirmed one of the biggest signings in the club’s history with Moutinho leaving Monaco to make the switch to Molineux.

The 31-year-old has penned a two-year contract with Nuno Espirito Santo’s team, with Wolves reportedly bringing in the Portugal international for a fee of £5m.

Moutinho becomes Wolves’ eighth signing of the summer, and it has been suggested that Spanish full-back Jonny Castro could soon arrive on a season-long loan deal from Atletico Madrid.