Wolves will be planning for life in the Premier League and could be set to make some big signings to help them in their first top-flight season since 2011.
Nuno Espirito Santo's men managed to bring in the likes of Diogo Jota, Willy Boly and Ruben Neves as a Championship club, so the feeling is they could be set to make some serious statements given their resources following promotion.
Obviously, owners Fosun International's connections, including Jorge Mendes, help a lot but they deserve credit for getting access to such key figures.
Therefore, it's sure to be quality over quantity this summer as Wolves look to sign real class that will ensure they aren't battling for 17th place in May next year.
Here we look at a potential Wolves XI for next season that includes three big-name arrivals...
The first major arrival could be goalkeeper Rui Patricio who has been linked with a move to Molineux.
The Portugal international plays for Sporting Lisbon who are currently in chaos, with fans attacking players, and he may be open to leaving.
Given his quality this would be a real coup for the West Midlands side if they managed to bring him in.
Another new arrival could be Manchester United's Victor Lindelof, who has also been linked with Wolves.
The Sweden international can't get a regular run of games at Old Trafford and didn't even make the squad for the FA Cup final.
Therefore, a move could happen and he would excel at Wolves.
The captain enjoyed a fine season in helping Wolves win promotion and is sure to be key next season too.
Wolves must do all they can to retain the services of Boly who was superb throughout the promotion-winning season but was only on loan from Porto.
The Ireland international shone in the right wing-back role that brings out the best in him.
Neves is the main man at Molineux and keeping him is pivotal to Wolves' chances of a successful season.
Thankfully for the club, he wants to stay and they should get at least a year out of him in the top-flight.
The Morocco international is a very good partner to Neves and his defensive instincts will be needed in the Premier League.
Douglas was a bargain buy last season and offers so much quality with his left-foot.
Fans will have high hopes for Costa who has the technique and speed to make a real impact in the top-flight.
Jota is another loan star that must stay and another who will play a crucial role for Wolves next season.
A new number nine has to be a priority and the Black Country side are regularly linked with Andre Silva.
Out of favour at AC Milan, he has worked with Santo before and that could be key in convincing him to join the newly-promoted side.