Wolves are set to officially confirm the £25m club record signing of Raúl Jiménez on Thursday.

Nuno Espirito Santo’s FA Cup semi-finalists have thrashed out a deal with Benfica for the Mexico international and will announce a permanent move in the next 24 hours.

As revealed by Telegraph Sport last week, Wolves were in the final stages of negotiations with the Portuguese club for Raúl, who has scored 15 goals this season after signing on loan in June.

Wolves have now agreed a fee and terms for the 27-year-old forward and are expected to confirm the club record deal on Thursday, three days before their FA Cup semi-final against Watford at Wembley.

The former Atletico Madrid star has emerged as a huge favourite at Molineux and his capture will shatter the previous transfer record of £18m for Adama Traore.

It is believed the initial fee will be around £25m, with instalments taking the overall price closer to £30m.

Raúl has developed a crucial partnership with striker Diogo Jota, providing seven assists.

Jimenez set up Jota's equaliser on Tuesday night against Man Utd with a superb through-ball credit: REUTERS

Jota scored the equaliser against Manchester United on Tuesday night after an assist from his partner.

“We are understanding each other well which is good for each other and the team, but we know without the contribution of the other players that nothing is possible,” said Jota.

“It is working at the moment and we just need to keep going.

“We understand what Sunday means to our fans to reach the last stages of one of the oldest competitions in the world, and we are looking forward to that to try to reach the final.

“We don't need to win something to keep everyone together. We already are (together) but of course if you win something it is always a big achievement and who knows what can happen.”