BREAKING NEWS: Cutrone joins Wolves from AC Milan

Patrick Cutrone on Italy Under-21 duty

Wolves have signed striker Patrick Cutrone from AC Milan in a deal that could reportedly rise to around £20million.

The one-cap Italy international has left his boyhood club to take up a four-year contract at Molineux.

Wolves sporting director Kevin Thelwell said in a statement: "Patrick is an exciting signing at a very exciting period for this football club.

"We have a strong philosophy under the leadership of Nuno [Espirito Santo] of bringing in the right type of people and developing young talent while staying humble and grounded as individuals, and we feel Patrick perfectly fits into our philosophy.

"We are very pleased to have a player of Patrick's ability join the club and look forward to him being a part of Nuno's squad in another historic season for Wolves."

Cutrone, 21, looked at home when he broke into Gennaro Gattuso's side two seasons ago, scoring 18 goals in all competitions.

Fewer starting chances resulted in a less prolific second campaign, although another four goals in Europe lifted his career tally on the continent to double figures.

3 - Patrick #Cutrone is the third youngest player to score 10+ goals in a single Serie A campaign with #ACMilan (20 years and 137 days in 2017/18 with 10 goals), after Gianni Rivera in 1961/62 and Alexandre Pato in 2008/09. Talent. pic.twitter.com/0NilFy0HLG

— OptaPaolo (@OptaPaolo) July 27, 2019

That record could prove useful for Wolves as the Premier League club target a place in the Europa League group stage.

Nuno's men take a 2-0 advantage into the second leg of their qualifying tie against Northern Irish side Crusaders on Thursday.

Jesus Vallejo, who joined on loan from Real Madrid, is Wolves' only other new signing to date.

Milan, meanwhile, will likely have to pursue a replacement partner for Krzysztof Piatek in new boss Marco Giampaolo's preferred two-striker system.