The £275,000 signing from Portsmouth believes he can take his game to a whole new level after confessing he has been bowled over by his new surroundings.

"Wolves blew me away with their ambition. It was unbelievable," said the 21-year-old attacking midfielder.

"After walking around there for two or three hours and speaking to people, I was thinking it was a move which can take my game to a whole new level.

"Molineux is unbelievable and I couldn't be happier – it's the best feeling to sign for a club like that.

"They're going for the Premier League – they're gunning for it.

"Kenny Jackett has given me a chance and to play at a club like that in that division is a dream come true.

"If I do well here, my career can really take off, like I always wanted it to. Wolves went out of their way to make me feel welcome."

Wallace has played much of his football at League Two level but he revealed Jackett is prepared to give him a chance in the first-team already.

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"I'm looking at people like Benik Afobe, Nouha Dicko and Bakary Sako now," said Wallace. "The manager at Wolves believes in me enough to put me in with people like that and it's up to me to prove I'm worth it."

The exciting prospect believes he can rival the 17 goals he scored from midfield for Pompey last season.

"I'm not going there to settle for less," he said. "No-one would have thought I'd score 17 goals from midfield last season, but I did because I kept pushing. That's what I have to do again now.

"I'm playing with better players now. People will see the runs I'm making. I'm looking forward to to seeing how much I can improve."

Wallace is known for his work ethic and intends to report back before the rest of his new team-mates at the end of June.

"I'm going to go to Wolves three or four days early – I want to make a good first impression because the intensity of the training will go up," he said.