Transfers expert Fabrizio Romano has revealed the latest information regarding Wolverhampton Wanderers' pursuit of signing young Portuguese forward Chiquinho.

What's the story?

According to Romano, Wolves are close to making the 21-year-old winger their second signing of the January transfer window.

The transfers expert tweeted: "Wolves are closing on Chiquinho deal with Estoril, final details to be completed next week. Portuguese striker’s set to join on a permanent move for €3.5m fee plus €1.5m add ons."

Valued at £900k by Transfermarkt, is set to depart Primeira Liga side Estoril, who are flying in the Portuguese top-flight this campaign as they currently sit sixth, and join up with his fellow countryman Bruno Lage at Molineux.

The Portuguese youngster has scored four goals and provided six assists in 18 appearances across all competitions in what has been his breakthrough campaign in top-flight football after Estoril were promoted last season.

According to The Athletic, the 21-year-old is set to be part of Wolves' first-team group. Moreover, the West Midlands club have done business with Estoril before, signing defender Toti Gomes from the Portuguese outfit in September 2020 who was handed a shock debut on Saturday in the 3-1 win over Southampton.

Wolves fans will be buzzing

Although not a household name, Chiquinho offers a great deal of potential and, for a small fee in today's market, the deal appears low risk, something that will no doubt delight supporters.

Wolves have become a hub for Portuguese talent with the likes of Ruben Neves, Joao Moutinho, Jose Sa and Nelson Semedo some of the names who hail from Portugal that have been lured to Molineux in recent years as well as former manager Nuno Espirito Santo and current boss Bruno Lage.

The 21-year-old mainly operates as a left-winger but is flexible and can also play on the right-hand side of a front-three, ideal for Wolves who tend to operate with a 3-4-3 setup.

Compared to the other wingers in Lage's squad, Chiquinho would boast the most league goals so far this season, although the Premier League is a significant step up from the Portuguese top-flight. Currently, Adama Traore is the only wide man to have netted in the league this campaign.

There have been murmurs of the Spaniard departing Molineux in the near future and therefore the Portugal U21 international could prove to be a long-term replacement.

Moreover, Lage is yet to welcome back the injured Pedro Neto, who has been out since April with a serious knee injury.

He may be an unknown name, however, the stats back up the suggestion that Chiquinho could be an exciting prospect for Wolves. Seeing a Portuguese talent excel at Molineux isn't unheard of.

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