Former Welsh international striker Dean Saunders was on Sunday confirmed as the new manager of struggling Championship side Wolves to replace the sacked Stale Solbakken.
Saunders, 48, who had been in charge of Doncaster Rovers since 2011, had been given permission to speak to Wolves earlier in the day.
"I can confirm that Dean Saunders has agreed to take over as manager at Molineux," said Doncaster Rovers chief executive Gavin Baldwin.
"We have agreed a good deal for Doncaster Rovers. Work has already started on trying to find a replacement for Dean and continue our push for promotion back to the Championship."
Wolves later Sunday confirmed that terms had been agreed with both Saunders and Doncaster.
"The formalities of the move are yet to be completed and a fuller statement will be issued once they are finalised," said a Wolves statement.
Saunders, a former Aston Villa and Liverpool striker, had taken Doncaster to second place in the third-tier League One this season.
Solbakken, 44, was sacked on Saturday, just hours after Wolves had been dumped out of the FA Cup 1-0 by non-league Luton.
Wolves are currently 18th in the Championship, having won just three out of their last 16 league games.
Solbakken, who had previously been in charge of German side Cologne, replaced Terry Connor in the Wolves hotseat last summer.