Olofinjana was Wolves' top scorer in the 2006/07 season (Getty)
Wolves have agreed to a transfer request from Nigerian international midfielder Seyi Olofinjana.
The 28-year-old signed a four-year contract last October, but a clause was inserted which has now been activated.
Wolves chief executive Jez Moxey said: "We agreed that, should the club miss out on promotion, we would circulate his name for transfer if he wished."
Olofinjana signed for Wolves four years ago from Norwegian side Brann Bergen and scored 18 goals in 147 matches.
Moxey added: "As an experienced senior international player who has not only served Wolves well but re-signed instead of holding out to become a free agent this summer, he has given us the opportunity of recouping our financial investment in him to help buy new players."
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