Everton have signed defensive midfielder Allan from Napoli for a reported fee of $33 million.

The 29-year-old scored 11 goals and had 16 assists in over 200 appearances for Napoli.

Allan will be reunited with Carlo Ancelotti at the club.

"It is a club with a rich history in the Premier League, has real ambition and then there is Professor Ancelotti. He has done everything possible to bring me here," said Allan.

Wolves signed 18-year-old striker Fabio Silva from Porto for a reported $46 million.

The fee breaks their previous transfer record of $35 million for Raul Jimenez.

Silva has scored 1 goal in 12 senior side appearances for Porto.

"Our head coach's requirement for quality is very high, but he thinks Fabio is an important signing who will help the team immediately this season," said Wolves chairman Jeff Shi.