Wolves finalize deal for Vitor Pereira as new manager

Wolverhampton Wanderers have reached an agreement to appoint Vitor Pereira as their new manager following the dismissal of Gary O’Neil, according to reports on Tuesday.

The BBC has confirmed that the Premier League club will pay approximately one million euros ($1 million) to bring Pereira from Saudi Pro League side Al-Shabab to England.

Sky Sports reports that personal terms have already been settled, and the 56-year-old Portuguese coach is set to sign a one-and-a-half-year contract.

Pereira is expected to fly to England on Tuesday, with an official announcement anticipated within the next 24 hours.

Pereira, a widely traveled manager, was previously in talks to replace Rafael Benitez as Everton’s head coach in 2022.

Over his distinguished managerial career, Pereira has won two Primeira Liga titles with Porto and a Greek Super League title with Olympiakos.

Wolves travel to face fellow-strugglers Leicester on Sunday, five points ahead of them in the table.

O’Neil was sacked after Saturday’s defeat, Wolves’ fourth in a row, left them second bottom of the Premier League with nine points from 16 games.

O’Neil was appointed in August 2023 following the departure of Julen Lopetegui and signed a new four-year deal with the club in August this year.