- O'Neil sacked as head coach in aftermath of Wolves' 2-1 defeat at Ipswich
- Vitor Pereira takes on the role after signing 18-month contract
- Wolves currently 19th in the Premier League table and face Leicester on Sunday
Wolverhampton Wanderers have confirmed the appointment of Vitor Pereira as the club's new head coach on an 18-month contract.
The former Flamengo boss has left his current post at Saudi Pro League club Al Shabab to take the reins at Molineux, replacing O'Neil after he was dismissed in the aftermath of Saturday's 2-1 defeat to Ipswich Town.
Confirming his arrival in a club statement, Wolves chairman said Jeff Shi said: "We are delighted to welcome Vitor Pereira to Wolves as the new head coach of our men's first-team. Vitor is a highly respected and experienced coach who has achieved success across different leagues and will bring a new approach for the test ahead.
"This is a challenging moment for the club, and we want to thank Vitor for taking on this responsibility. We have full confidence in his ability to guide us back on track, alongside the players and staff, and the entire club will be united in supporting him to achieve success."
Sporting director Matt Hobbs added: "Vitor is a highly experienced and accomplished head coach who has demonstrated his ability to succeed at the highest level. His personality, desire and leadership qualities stood out to us during this process, and we’re excited to see how he applies his expertise here at Wolves.
"I'm looking forward to working closely with Vitor and his team on a daily basis, supporting them in every way possible - from getting the maximum out of our staff at Compton, to recruitment in the upcoming transfer window - as we work together to strengthen the squad and achieve our collective goals."
Wolves sit 19th in the Premier League table having lost 11 of their 16 games played, including the last four. They are five points adrift of safety, with Pereira's first task a trip to relegation rivals Leicester City, who recently appointed Ruud van Nistelrooy as their new boss.
