Stale Solbakken has been supported by Wolves skipper Karl Henry despite the club falling to 18th position in the Championship.
The Norwegian manager saw his side lose a third consecutive match when they were beaten 3-1 by Crystal Palace on New Years' Day but captain Henry insists the players are at fault for the poor run of form and not the boss.
"We know the last three performances have not been good enough and as players we have to take responsibility for that," Henry told the club's official website.
"We had been on a decent run of results and have let ourselves and the fans down with the displays over Christmas. But that is certainly not down to a lack of effort.
"We have a squad of players who are giving their all and are fully behind the manager and what he is trying to do here to take the club in a new direction.
"Everyone is still in it together from managers to backroom staff and players and that is the only way we will get back to form."