A club statement,, external which said all eight of Pereira’s backroom staff have also left, said “results and performances this term have fallen below acceptable standards and as a result a change in leadership was deemed necessary”.
Executive chairman Jeff Shi said: “Vitor and his team worked tirelessly for Wolves and helped guide us through a challenging period last season, for which we are grateful.
“Unfortunately, the start to this season has been a disappointment and, despite our strong desire to give the head coach time and matches to find an improvement, we have reached a point where we must make a change.”
James Collins and Richard Walker, head coaches of Wolves’ under-21 and under-18 teams respectively, will “take training while the club finalise the appointment of a new first-team head coach”, the statement read.
Pereira said: “It has been a privilege to manage Wolverhampton Wanderers and experience unique moments with this club and its supporters.
“I would like to thank the club’s owners for their trust, the players for their hard work and commitment over these months, and all the staff for making me feel part of the family.
“I wish the club all the best for the rest of the season.”