Vitor Pereira has signed in as new Wolves manager until June 2026.
This was disclosed by football transfer expert Fabrizio Romano in a tweet on Thursday morning.
According to Romano, Al Shabab receive an exit clause payment of around £1million from Wolves for Pereira.
Recall that Wolves were close to appointing Pereira as their next new manager.
The Premier League club had parted company with manager Gary O’Neil and his backroom staff few days ago.
O’Neil was sacked after Wolves’ Premier League 2-1 defeat against Ipswich Town.
“Vitor Pereira has signed in as new Wolves manager until June 2026, agreement sealed,” Romano tweeted.
“Al Shabab receive exit clause paykent for their coach around £1m and Wolves statement will follow soon.”
EPL: Details of Wolves’ deal for Vitor Pereira revealed
