Video: Tim Spiers on Wolves' new sponsor
Wolves correspondent Tim Spiers gives his daily 60-second update as finance provider the Money Shop is announced as the new club sponsor.
The two have committed to a partnership agreement that will last for a minimum of three years in a deal that will take effect from June.
Wolves' season-long terms with IT service company Silverbug are soon to come to an end, but they will stay on board and work with the club.
The Money Shop brand will appear on the first-team and under-21s' home and away shirts and on all technical training kit, as well, as they improve their terms.
They've been in partnership for seven years, becoming sponsor of the Sir Jack Hayward Stand and that stand-branding remains a part of their backing.
Their branding will predominantly appear in black on Wolves' first-team home shirts, to best fit with the club's iconic 'old gold and black' colours.
The Money Shop will refurbish its city centre store ahead of the new season to reflect the changes and will take to social media to engage further with Wolves fans.
They will be working with the club on a special initiative, which will see one fan reveal the newly designed Puma home shirt for 2016-17.
A social media equivalent of 'pass the parcel' will see supporters electronically unwrap a layer, revealing a retro Wolves kit and potentially a spot prize.
There will be different layers with Wolves kits down the years but the winning – and final - layer will reveal the new strip that the team will wear next season.
