Wolves have reportedly handed Fabio Silva a one-year contract extension.
The club have moved to tie down the teenager, ahead of a loan move to Belgian club Anderlecht.
Molineux officials have decided that Silva needs to get regular minutes, with opportunities for him last season a little scarce.
Silva played second fiddle to Raul Jimenez for the most-part, with Bruno Lage often keeping the youngster on the bench.
He will now join up with Anderlecht, and the hope is that Silva will play regularly and score goals.
No option to buy clause is in place, suggesting Wolves are keen to get him back in the first-team picture for 2023/24.
According to the Express & Star, Wolves have reached an agreement with Silva to sign a one-year extension at Molineux.
The club had initially wanted him to sign for another two years, but they have settled for one.
The one-year extension would mean Silva standing to stay at Molineux until 2026.
Regarding the loan move to Anderlecht, the Express & Star add that a meeting is taking place today.
There is potential for the proposed move to be finalised, although official confirmation of the move may not arrive today.
Meanwhile, Wolves have reportedly entered into talks with Benfica over Goncalo Ramos, who would come in as Silva’s replacement.
A smart move from Wolves as Fabio Silva agrees contract extension
This is a good move from Wolves.
If Silva really flourished with Anderlecht and banged in the goals, then him coming back to Molineux and having three years left on his contract rather than two would mean his market value would be higher.
It’s important for the club not to let Silva’s contract wind down.
He has the potential to become a top player, so keeping him on a long contract increases the likelihood of eventually turning a profit on him.