As a player, Peixoto won a single cap for Portugal in 2008, and was part of Jose Mourinho's Champions League-winning Porto squad in 2004.

Out of Wolves' past seven managers, Peixoto is the fourth from Portugal following Nuno Espirito Santo, Bruno Lage and Vitor Pereira.

"I'm proud to be here at this big, historic club in England," Peixoto said.

"It's a big opportunity for me and I'm prepared to do everything to put Wolves where it belongs in the Premier League.

"We have great players, but I think the team can improve a lot with me and I can improve as a technical head coach. I want to put my identity onto the team, build a strong identity at the club and also help the team to grow by showing my identity and my way of playing.

"This is an amazing club, and it is important for me to make Wolves play in a way which reflects the fans. It's a hard-working city with a lot of energy and a lot of passion, and I want them to see a team which plays an offensive game, with good organisation and a team who play for the fans.

"I want the supporters to be proud of our players, be proud of the way we play and the way we fight game after game to bring the victory, and to achieve the main aim, which is to put Wolves back in the Premier League."