The Black and Yellows sealed the deal for a reported fee of around 25 million euros, including bonuses, marking another decisive move in a hectic transfer window.
Sporting director Lars Ricken expressed confidence in the acquisition. "We showed patience to secure a player with immense potential in Fabio Silva," he said. "His arrival strengthens our squad significantly."
Sebastian Kehl, Dortmund's head of professional football, echoed Ricken's enthusiasm. "Fabio's versatility and quality across multiple roles make him a vital addition," he said. "His hunger to succeed as a striker aligns perfectly with our ambitions."
The 23-year-old forward, capped once by Portugal, shared his excitement about joining the German giants. "To play for Borussia Dortmund is a dream come true," Silva said. "Their passion, their fans, and their stature in European football are unmatched. I'm here to settle in fast, give my all, and help the team win."
Silva's journey to Dortmund has been eventful. After moving to Wolves from Porto for 40 million euros at just 18, he struggled to find his footing, scoring only five goals during his time in the Premier League.
Loan spells at Anderlecht, PSV, Rangers, and most recently Las Palmas, where he netted 10 league goals despite the club's relegation, showcased his potential but also his need for a fresh start. Dortmund, who also recently signed two players from Chelsea, see Silva as a key piece in their attacking puzzle.
The striker will don the number 21 shirt, previously worn by Donyell Malen, as he aims to make an immediate impact at Signal Iduna Park.
With Dortmund's passionate fanbase and high-octane style under coach Nuri Sahin, Silva's flair and goal-scoring instinct could ignite the Bundesliga.
Jack Grealish has been hailed as "better than I thought he was" by Everton boss David Moyes after another standout performance from the on-loan Manchester City winger helped Everton to a thrilling 3-2 victory over Wolves at Molineux.
Chelsea striker Nicolas Jackson has defied club orders to return to London after the club abruptly cancelled his loan move to Bayern Munich - a decision that has left the player furious and hoping to revive the deal before the transfer window closes.
Reports coming out of England and Germany suggest RB Leipzig could approach Liverpool with a bid to sign Harvey Elliot.
Bruno Fernandes and Wilson Isidor's late goals secured dramatic wins for Manchester United and Sunderland, while Jack Grealish's brilliance helped Everton edge Wolves in Saturday's Premier League action.
