Vitor Pereira made new Wolves boss as Premier League club pay six-figure compensation

Portuguese supervisor Vitor Pereira has signed a one-and-a-half yr contract to turn out to be the brand new Wolves boss.

Pereira’s appointment comes after the Midlands membership parted methods with Gary O’Neil following a 2-1 defeat to Ipswich City within the Premier League on Saturday.

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Regardless of the membership insisting they had been backing O’Neil all through a run of losses within the top-flight, Wolves introduced that he had been sacked on Sunday.

The Premier League membership is but to make its official announcement, nevertheless, Pereira’s now former membership Al Shabab confirmed in a press release late on Wednesday night time that he is left to imagine the position at Molineux.

talkSPORT understands that Wolves have paid Al Shabab £800,000 in compensation to prise Pereira away.

It was reported that the compensation charge of round £800,000 was not a deterrent for the membership, though they did discover different choices, together with David Moyes.

Pereira sorted Porto and Olympiakos earlier than making the transfer to the Saudi Professional League, the place his facet include former Wolves participant Daniel Podence.

Al Shabab have gained seven out of 13 video games up to now, sitting sixth within the desk.

He guided Porto to 2 Primeira Liga titles and led Olympiakos to successful the Greek Tremendous League in 2015.

Wolves might have Pereira on the touchline as early as Sunday, with a visit to Leicester a useful alternative for the brand new boss to choose up his first three factors in gold.

O’Neil guided Wolves to only two wins in 16 top-flight matches up to now this season, dropping 11 – together with a heavy defeat to Everton.

The facet have struggled defensively and have conceded a league-high of 40 targets.

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Additional to this, they’ve conceded two or extra in 13 out of their 16 video games up to now.

It appeared clear that O’Neil had misplaced the dressing room after their back-to-back losses to West Ham and Ipswich resulted in scuffles with opposition gamers.

Mario Lemina was stripped of his captaincy after dragging Jarrod Bowen to the ground and squaring as much as Wolves assistant Shaun Derry.

The next week, after a defeat to Ipswich, Rayan Ait Nouri clashed with Ipswich’s Wes Burns, who had his hand on the Wolves star’s neck.

Craig Dawson stepped in and held Ait-Nouri again, lifting him off the pitch and escorting him down the tunnel.

Matheus Cunha additionally clashed with an Ipswich employees member, as he was seen pulling his glasses of his face.

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O’Neil had just lately spoken out on the difficulties for the membership, citing the participant gross sales all through the final two seasons, together with now Chelsea star Pedro Neto.

After the loss to fellow strugglers West Ham, he mentioned: “The individuals above me are supportive. However in fact the supporters need their soccer membership to achieve success.

“I perceive them pointing the finger at me and it is my workforce and I’ve to take accountability, however once I arrived at this soccer membership that they had picked up simply 41 factors within the Premier League.

“Since that second, we’ve got managed to make £200m in participant gross sales. We’ve offered an terrible lot of gamers when you return to Ruben Neves, Joao Moutinho, Daniel Podence, Adama Traore, Raul Jimenez, Diego Costa, Pedro Neto and Max Kilman.”