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Struggling Wolves sign Cunha from Atletico on loan

MADRID (AFP) – Atletico Madrid striker Matheus Cunha yesterday agreed a loan deal with rock-bottom English Premier League side Wolves, the Spanish club announced.

The 23-year-old Brazilian moved to Spain from Hertha Berlin in Germany in 2021 for a fee of EUR26 million but struggled to make any significant impact with the Madrid club.

He scored seven goals last season but hasn’t found the net in 17 appearances in the current campaign.

“From Atletico Madrid we wish Matheus Cunha the best of success,” said the Spanish club. Cunha will join Wolves from January 1 subject to work permit approval with a permanent deal – reportedly worth a club-record EUR48.5 million – an option.

“Matheus Cunha will become Julen Lopetegui’s first signing as Wolves head coach, joining on loan from January 1, subject to work permit,” said a Wolves statement.

Matheus Cunha and Koke of Atletico Madrid. PHOTO: XINHUA
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