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Vitor Pereira has agreed to take over as the new manager of Wolverhampton on an 18-month contract reports BBC.
The Premier League club currently struggling in the relegation zone will pay around 1 million euros to secure the services of the Al-Shabab boss from the Saudi Pro League.
The 56-year-old Portuguese manager known for his previous stints at Porto and Olympiakos is set to arrive in England on December 19 with contract finalization expected soon. Pereira first match in charge will be against Leicester.
The appointment follows the sacking of Gary O'Neil after Wolves 2-1 defeat to Ipswich on December 14 which marked their 11th loss in 16 league games.
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