Wolves have completed the signing of FC Cologne midfielder Slavomir Peszko on a season-long loan.
The 27-year-old Poland international can play both in the centre or on the right of midfield.
"Slawo is a player who can operate on both wings and had a very good first half to the season last year, setting up a lot of goals for [Lukas] Podolski," manager Ståle Solbakken told the club's official website.
"To be honest, and I think he would admit this himself, the second half to the season wasn't as good and was maybe complicated by trying to get into the Polish squad for the Euros.
"But I know the quality he can offer us including great acceleration. He is also not afraid, so while he may not be the biggest player in stature he is fearless, which is one of his real strengths.
"Like a lot of us, I also think he will be looking for revenge for last season and he is ready for a new challenge."