Wolves have confirmed that Matheus Cunha has signed a new contract until 2029.

His new contract is set to run until 2029 and will include a release clause of £60m, which will be active from the summer.

Wolves forward Cunha had been linked with a move to Arsenal, Aston Villa and Nottingham Forest in the final days of the window.

Sporting director Matt Hobbs said: “The new contract is a reward for what Matheus has done, and symbolises his importance to us on the pitch. It is something that he's earned because of everything he’s given us and will continue to give us.

“Matheus loves the club, loves the fans and really appreciates the opportunity the club has given him. The fans have taken him under their wing, and he’s loved being here, so it's been a really positive experience for both sides.

“His talent is undeniable and he’s a real winner. He wants us to achieve our goals now, and when a player of his quality shows he's with you and up for the fight, it’s a big lift for everyone. Now he has to do what he’s been doing, and even more. I expect him to knuckle down through the second half of season, because we need everyone at it.”