Daniel Podence commits to Wolves before returning to Olympiacos on loan
Daniel Podence signed a new contract with Wolves but will spend the current season on loan with former club Olympiacos.
Daniel Podence.The Portuguese joined Wolves from the Greek club in January 2020, but found his first-team chances limited under new head coach Gary O'Neil.
Podence, who made 37 appearances last season, has signed new terms with Wolves through until 2025, with the option for a further year's extension.
Wolves sporting director Matt Hobbs said on the club website: "It's no secret that Daniel was keen to look at new options this summer, but nothing came which suited us or Daniel.
"This is an opportunity for him to go back where he was and play European football, and he was great in understanding that for us to allow it, he had to sign a contract.
"There's still a possibility Daniel comes back and plays for Wolves again, but it was the right time to let him go and play this season.
"He can either come back after the season or we'll be negotiating next summer with a player with a longer contract. He was respectful and didn't push back – he was happy to protect the club.
"We"'ll stay in touch this season, and I want him to do well, to either come back and play for us in good form or maximise his value."