Wolves' Million Pound Move: Jhon Arias Joins Premier League

In a significant transfer move, Wolverhampton has secured Colombian forward Jhon Arias from Brazilian outfit Fluminense on a four-year deal, with an optional extension of another year.

Arias, aged 27, recently showcased his talents at the Club World Cup, aiding Fluminense's journey to the semifinals, thereby catching the attention of European clubs.

While financial specifics remain undisclosed, sources like the BBC claim the transfer values at an initial £15 million, with additional incentives, including bonuses tied to European qualification. Arias' entry follows the signing of midfielder Fer Lopez as Wolves fortify their squad this summer.

(With inputs from agencies.)