Head coach Vitor Pereira has signed a new three-year contract at Wolves.
The Portuguese arrived at Molineux in December, with the club 19th in the Premier League on nine points, and successfully secured survival the following April after an impressive turnaround.
Pereira made an instant impact, taking seven points from his first three games over the Christmas period and quickly becoming a popular figure amongst supporters.
A club record six Premier League wins in succession saw Wolves transform their campaign and Pereira earn a nomination for the Premier League Manager of the Season award.
With the club’s top flight status comfortably confirmed, Pereira has led a rebuild to the playing squad off the pitch, welcoming six new signings, and is now focused on improving a difficult start to the 2025/26 season.
Chairman Jeff Shi said: “Vitor has made a very positive impact during his time at Wolves. He’s brought clarity, energy and a team spirit that gives us a foundation to be successful.
“What he achieved last season was excellent, with a highly competitive record, including six Premier League wins in a row and a deserved nomination for the Manager of the Season award.
“Now is a time for stability. Vitor needs time to work with the squad, to build a chemistry with new players, and we will do everything to support him and his staff.”
Pereira said: “I’m very proud to be Wolves head coach. It's an honour for me. This is the club that gave me the chance to come to the Premier League, the best league in the world. The people here embraced me as a member of the family, me and my staff we feel very good in the city, among the supporters.
“That’s why I really believe that with our work, with our supporters, with the support of the club, the fans and the city together, we will do it. We will increase our level, with ambition to make our supporters proud on the pitch.
“This is the moment that we need to be united. We are a one club city, and this city loves football. It is a passion. This is the spirit that we need to create together, to face and to compete with the best teams in this league.”