Vitor Pereira will have the opportunity to improve his Wolves squad almost immediately, with the January transfer window right around the corner.
The 56-year-old was named as Gary O'Neil's replacement on Thursday and will be tasked with dragging Wolves out of the relegation zone and securing Premier League survival. They are currently five points adrift, having won just two games all season.
It remains to be seen how they will approach the January window, with their squad in dire need of reinforcements after a dismal first half of the campaign.
Express Sport takes a look at five potential targets, including players from the likes of Manchester United, Arsenal and Chelsea...
Harry Maguire
The long-serving United defender will be out of contract at the end of the season and is yet to be offered a new deal. It means the Red Devils could sell him in January to avoid losing him for nothing when the campaign draws to a close.
Maguire has struggled to impress in recent seasons but could be a shrewd signing for Wolves if they can get him on the cheap. He tends to do better in a back three, while his experience and leadership would be invaluable in the battle to avoid the drop.
Victor Lindelof
Wolves could also pursue a move for Lindelof, who is expected to leave United at some point before the start of next season. He, like Maguire, will be a free agent at the end of the season which suggests a January move could be a possibility.
The Swede also boasts experience of playing at the highest level and would slot seamlessly into a back three at Molineux. The only issue for Wolves would be his wage demands, with the 30-year-old said to be earning around £120,000 per week at United.
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Jakub Kiwior
If the west Midlands club decide to target a younger profile of defender, they could do far worse than to sign Kiwior from Arsenal. He is thought to have been made available for a January exit after failing to hold down a regular place in the side.
Kiwior still has plenty of room for additional growth at 24 years old, while his versatility would come in handy across Wolves' backline. He is equally comfortable playing on the left as he is in central defence, potentially making him a smart January signing.
Kiernan Dewsbury-Hall
Wolves may also decide to strengthen their ranks in midfield, having struggled to control games for much of the season. A move for Dewsbury-Hall would offer an injection of proven quality and provide competition for the likes of Andre and Mario Lemina.
The former Leicester City man has endured a tough start to life at Chelsea, who signed him from the Foxes in the summer. A loan move could benefit all parties, giving Dewsbury-Hall the chance to revive his career while boosting Wolves' hopes of staying up.
Ben Chilwell
The left-sided defender is another Chelsea player with the ability to help Wolves in their bid to ensure Premier League survival. He has fallen out of favour under Enzo Maresca, who instructed the Blues to find a buyer in the summer but to no avail.
Chilwell made his only appearance of the campaign in the Carabao Cup win over Barrow and will be crying out for a January move to get his career back on track. Wolves, where he would most likely be a regular starter, might just be the perfect destination.