A bid of £15 million has been accepted by the Brazilian club and he is set to fly into England to complete his move and sign a five and a half year deal.
He has been subject to interest from a number of clubs with Lyon said to be rivalling Wolves for his signature.
Liverpool have also been another club rumoured to be interested - but Wolves have finally got their man.
So what can Wolves fans expect from their latest arrival.
Here is a little look: