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The 2010 -- 11 season was the 112th season of competitive league football in the history of English football club Wolverhampton Wanderers .. Wolverhampton Wanderers. Wolverhampton Wanderers F.C.. football. Association football. The club competed in the Premier League , the highest level of English football , for a second consecutive season .. Premier League. Premier League. football. Association football. Although this season was the club 's 62nd at the top level of English football , it was the first time they had faced consecutive campaigns in the highest division since 1981 -- 82 .. football. Association football. The previous season had seen them survive their return to the highest level with a 15th-place finish , eight points above the relegation zone .. The club survived for a second successive season after finishing 17th , one place above the relegation zone .. Despite losing their final fixture , results elsewhere on the final day kept Wolves one point ahead of the bottom three teams .