Silva, 18, has put the pen on paper in a five-year contract, which Porto says was worth 40 million euros (37 million pounds).
The teenager is expected to register for his new teammates next week before the start of the Premier League crusade against Sheffield United on 14 September.
– Fobio Silva (En Silva49Fabio) September 5, 2020
Wolves President Jeff Shi is sure the young man can have an effect on Nuno Espirito Santo’s team, which he is looking to build on last season’s race to the Europa League quarter-finals.
“We’ve been following Fabio’s progression for a long time.He’s a player who wants a few minutes to see his herbal football talent,” Shi told the club’s official website.
“In recent years, Fabio has grown very temporarily and has now shown himself in porto’s first team, which is a leading team.
– FC Porto (@FCPorto) September 5, 2020
“The quality requirement from our head coach is very high, but he believes that Fabio is a vital signing who will help the team this season.
“The time for this agreement is when we bought Ruben Neves; we wait for the right time to get a high quality player at the right price.”
Shi believes Silva’s will be a hit with the Molineux faithful.
“Fabio is a young player who shows not only a technical skill, but also his game intelligence for a player his age is first class,” he added.
“He has the ability to interfere to chain the game in combination and hold the ball so that others come into play.He tries to reach the surface and his movement and intelligence in the domain of penalties are as intelligent as anyone.
“Fabio has the prospect of being a generational skill and for us to see it evolve, Nuno is very exciting.He’s the kind of player who will love our enthusiasts.”
The wolves are expected to extradite the team for the new campaign, with Barcelona’s central defender Jean-Clair Todibo as another reported target.
Shi said: “In terms of recruiting the first team, all of the club’s priorities are the head coach and helping Nuno build the team he wants.
– Wolves (@Wolves) September 5, 2020
“Every agreement reached through the club; this agreement, all of the following agreements, player sales, point to Nuno building the team.
“Like all our signatures, this is due to a lot of hard work, from many vital people, that Nuno and I to make these things happen and help us get things done.
“Even after an unprecedented pandemic that has profoundly affected each and every football club in the world, our ambition and determination to continuously develop and evolve the team never changes.
“Fabio’s signing shows that we will make abundant investments when we see it as for the club.”