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Wolverhampton Wanderers have reached a ‘full agreement’ with Estoril to sign forward Chiquinho this month.

That’s according to journalist Pedro Sepulveda, who says a deal has been reached for Bruno Lage to make his first signing of the January transfer window.

On Saturday, we covered reports from Portugal that stated Wolves were in talks for Chiquinho, who has been one of the stars of the show for Estoril this season.

That stated a deal was ‘imminent’ and Jorge Mendes was working to make the move happen, although final details such as a fee were still to be finalised.

Sepulveda now covers all of that, stating that Chiquinho will join Wolves on a deal until 2026 that includes an extra optional year.

He will move to Molineux in a €5m deal, which is initially €3.5m with €1.5m in add ons for various ‘goals’, although the nature of those goals isn’t made clear. The player won’t have a termination clause in his deal with Wolves.

It’s also not made clear whether the player will be joining his new club this month or in the summer, with earlier reports stating that each was a possibility.

Either way, a deal is said to be agreed, and he will be a Wolves player at some point in the near future.