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Wolves smash record to sign £15m Neves from Porto

Neves has joined Wolves. Credit: PA

Wolves have smashed their transfer record to sign Ruben Neves from Porto and confirmed a loan deal for defender Willy Boly.

Defensive midfielder Neves has signed a five-year deal for around £15million to link up with former manager Nuno Espirito Santo.

Boly follows Neves from Porto and has penned a season-long loan deal as the Sky Bet Championship side continue to revamp their squad.

The club are also close to signing former Norwich goalkeeper John Ruddy on a free transfer after Carl Ikeme's shock leukaemia diagnosis.

Portugal international Neves made 76 appearances for Porto and the fee tops the £12million Wolves paid for Helder Costa in January.

"I'm very excited to play at this club," he told the club's official site. "It is a very big club and I hope to help the team to win their goals.

"I have always wanted to play in England and we have a good team. I think we can do good things this season."