New Wolves manager Stale Solbakken says he is looking forward to the challenge of trying to guide the club back into the Premier League.
The 44-year-old Norwegian has signed a contract and will officially take over on July 1.
The sacked Cologne coach met Molineux owner Steve Morgan for an interview on Thursday and has agreed to become Mick McCarthy’s successor.
Chief Executive Jez Moxey said: 'Following talks with Stale Solbakken I am happy to confirm that he has agreed to become our new manager. He will be formally introduced to the media on Monday.'
The former Norway midfielder, 44, was kicked out of the relegated Bundesliga club after less than a year in charge. Until then he had tasted success in Denmark with Copenhagen, winning five Superliga titles.
The former Norway midfielder, 44, was kicked out of the relegated Bundesliga club after less than a year in charge.
Before, then he had tasted success in Denmark with Copenhagen, winning five Superliga titles.
Despite little knowledge of managing in the English game, he has been asked to lead the Black Country club out of one of the most competitive leagues in Europe — the Championship.
Caretaker Terry Connor, who will be in charge for the club’s last Barclays Premier League game of the season at Wigan on Sunday, will be retained by Wolves to ensure a degree of continuity.
Solbakken will be given the cash to revamp the squad after Morgan told the audience at Wolves’ annual dinner that he was ready to bankroll an immediate return to the top flight.
Solbakken is not entirely new to English football. He was a member of Wimbledon’s Crazy Gang — albeit for only one season 15 years ago when he played just six games before falling out with boss Joe Kinnear.