Wolves smash transfer record for Porto's Ruben Neves as they complete £15m deal

Defensive midfielder Neves has signed a five-year deal to link up with former manager Nuno Espirito Santo

Ruben Neves has joined in a club record deal (@Wolves / Twitter)

Wolves have smashed their transfer record to sign Ruben Neves from Porto.

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

The Championship club also confirmed a loan deal for defender Willy Boly who follows Neves from Porto and has penned a season-long loan deal as they continue to revamp their squad ahead of the new season.

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."