Wolves have agreed a five-year deal with Braga for Portuguese under-21 winger Rodrigo Gomes.
The 20-year-old is due to have a medical later this week before signing a long-term contract to 2029 worth 15m euros (£12.7m).
Gomes spent last season on loan at Estoril, scoring seven goals in 30 league appearances.
Atletico Madrid had been linked with Gomes but Wolves have moved quickly to secure his signature ahead of next season.
