Wolves' signing of Colombia international Jhon Arias continues their shrewd business
The winger has joined from Fluminense in a deal worth up to £19m.
The days of Wolves spending over £40m on individual players has gone, with the £44m record signing of Matheus Cunha in 2023 likely to stand for a while.
This window attacker Fer Lopez has arrived for up to £19m from Celta Vigo while last summer midfielder Andre - who played with Arias at Fluminense - joined for around £17m.
Centre-back Emmanuel Agbadou joined from Reims in January for £16.6m and played a large part in ensuring Wolves avoided relegation.
They are all 'mid-range' fees with Wolves looking to pay sensible money for players who can make an instant impact, having been burned by big-money signings who have not lived up to their price-tags.
Midfielder Goncalo Guedes joined for £38m from Valencia in 2022 but struggled and has been loaned to Benfica and Villarreal while Matheus Nunes arrived from Sporting Lisbon for a similar fee and rarely shone despite then earning a move to Manchester City two years ago.
Wolves are still looking for a replacement for right-back and captain Nelson Semedo while another forward to compete with Jorgen Strand Larsen is wanted.