Helder Costa’s eventual permanent move to Leeds is set to net Wolves a club record £15m.
The 25-year-old has joined the Elland Road club for an initial one-year loan which will turn into a permanent deal in 12 months’ time. Costa has signed a four-year contract.
Wolves will receive a loan fee of £2m for the coming season, then it is understood around a further £13m next summer for the Portugal international.
That will make the former Monaco forward the most expensive player to leave Molineux, overtaking Steven Fletcher’s £14m move to Sunderland in August 2012.
Costa made 120 appearances for Wolves, scoring 22 goals and was Player of the Year in 2016-17 when he netted 10 times. Halfway through that campaign he became the club record signing for £13m. Then he helped Wolves to the Championship title the following season, before appearing 30 times as the club finished seventh in the Premier League last term.
The fee doesn’t seems to bother Costa, who revealed he got the lowdown on Leeds from former Wolves team-mate Barry Douglas, who made the same journey 12 months ago.
“I’ve spoken a lot to Barry Douglas. He told me how big the club is and how amazing the fans are, so it wasn’t a tough decision to come here,” said Costa.
“It’s good to know Barry, he can show me everything about how Leeds works. I’m very happy to be here. I’m really looking forward to start training with my new team-mates.”
Costa is the fourth signing Leeds have made this summer, joining midfielder Jack Harrison from Manchester City, defender Ben White from Brighton and winger Liam McCarron from Carlisle.
And he was quick to reveal the ambition after Leeds finished third in the Championship and got knocked out in the play-off semi-final to Derby last season.
“I’m fast and I like to dribble, I would like to show good football in this stadium and of course I want to help Leeds to the Premier League,” said Costa.
The winger also insisted Leeds manager Marcelo Bielsa, one of the game’s more innovative thinkers, will improve him over the coming season.
“I’ve heard a lot about the gaffer. He is a great manager and I know at the end of this year I will be a better player than I am today,” he said. “I’m really looking forward to working with him.”
Leeds chairman Andrea Radrizzani tweeted: “Welcome Helder Costa thank you for joining our club and joining our race to EPL. Many thanks to Wolves Jeff Shi and players agents for their support to make this deal happening.”