Wolves opened their first Championship campaign, since 2018, with a home tie against Tony Mowbray's Blackburn Rovers.
Marshall Munetsi's well worked opener was shortly cancelled out by a Sean McLoughlin header in the first half, before Andri Gudjohnsen put the visitors ahead shortly after the break. Raul Jimenez then equalised at the death with a penalty.
Cesar Peixoto's side were hungry for the ball, and looked to break quickly whenever they won back possession, but struggled with creating enough quality chances.
It is an important and deserved point in the end for Wolves to kick-start their campaign, but there is still much work to do in the West Midlands, if they are to win promotion back to the Premier League. They must now turn their attention to securing three points away at Preston North End next Saturday.
Story of the Match
Team News:
Wolverhampton Wanderers (4-3-3): Bentley; Trippier, Mosquera, Toti, Moller-Wolfe; Andre, Lopez, Munetsi; Gomes, Armstrong, Mane.
Subs: Doyle, S. Bueno, Chirewa, Sa, Jimenez, Tchatchoua, Djiga, Edozie, Lima.
Blackburn Rovers (4-2-3-1): Toth; Alebiosu, Atcheson, McLoughlin, Pickering; Forshaw, Montgomery; Morishita, Cantwell, Afolayan; Gudjohnsen.
Subs: Tavares, Fevrier, Carter, Garrett, Ohashi, Pears, Ribeiro, Henriksson, Morsy.
The opening 10 minutes of the game were fairly even, with the visitors having the more attacking intent, as Oladapo Afolayan headed just wide.
Royoya Moritshita then found himself in some space and had an effort held comfortably by Dan Bentley.
However, it was a dream start to life in the Championship for the Old Gold as in the 17th minute, Fer Lopez played a beautiful through ball into the path of Marshall Munetsi, and the Zimbabwean midfielder coolly tucked the ball away into the back of the net.
Blackburn would hit back just 10 minutes later, when Wolves failed to clear their lines and Morishita whipped in a dangerous cross from the right for Sean McLoughlin to steer his header past Bentley, and equalise for his side.
Some lovely one-touch football saw Mateus Mane cut inside into space and find Lopez, but the Spanish midfielder's curling shot flew just over the top corner, before Mane himself then came close with a powerful effort from range.
Gudjohnsen puts Blackburn ahead
Just after the break, Tony Mowbray's men would grab themselves ahead when Afolayan made an underlapping run and whipped the cross into the box, which Andri Gudjohnsen tapped in past Bentley at close range.
There was a standing ovation around Molineux in the 59th minute as Raul Jimenez returned to the pitch, in place of the booked Mane.
Wolves were relentless with their pressing and commitment to get forward, but they were unable to create anything of value, and Blackburn were able to deal with the pressure comfortably.
It looked as if Peixoto's side were destined for defeat, as Yerson Mosquera continued to hobble around the pitch in the latter stages of the game, due to Wolves having used all five of their substitutions.
However, in stoppage time, Jackson Tchathoua's cross hit the arm of Ryan Alebiosu, and the referee awarded a penalty to the home side. None other than Raul Jimenez stepped and tucked away the spot kick to seal a point for Wolves in their opening game of the 2026/27 season.
Player of the Match - Fer Lopez
Despite Blackburn being ahead for the majority of the game, Spaniard Fer López stood out once again as he showed the Championship what he can bring to the second tier.
The 22-year-old operated in an advanced midfield role and his intelligence, composure and ability to pick out progressive passes allowed Wolves to turn defence into attack on several occasions.
He also produced a fantastic assist for Munetsi's opening goal, as he delivered an excellent through ball into the space behind the Blackburn defence.
