Vitor Pereira has agreed an 18-month deal to become Wolves’ new manager.
The Premier League strugglers are paying around 1m euros to bring the boss of Saudi Pro League club Al-Shabab to the Midlands.
Portuguese Pereira, a former Porto and Olympiakos manager, was due to travel to England on Tuesday and, although a contract is yet to be signed, no late problems are expected after negotiations went smoothly.
The 56-year-old’s first game will be at Leicester on Sunday with Wolves second-bottom, five points behind the 17th-placed Foxes.
Wolves have lost 11 of their Premier League 16 games and sacked previous manager Gary O’Neil on Sunday following Saturday’s 2-1 defeat by fellow strugglers Ipswich.
