After breaking the club’s move record to single out Fabio Silva on Saturday, the Wanderers took 20-year-old midfielder Vitinha on a season-long loan from the Portuguese club with a purchase.
The Portuguese under-21 foreigner made his debut for Porto last season and made 8 appearances, two along with Silva, as the club won the Primeira Liga and Taca de Portugal.
Wolves CEO Jeff Shi told the club’s official website: “Vitinha is a signing and an integral component of our recruiting plan for this summer.
“He is an exciting and special young talent, with a lot of strategy and creativity, who can offer a new option this season.
“The signing of Vitinha demonstrates our ambition and our strategy to expand our first team and continue to advance on the field. “