Terry Connor admits relegation out of the Premier League will tarnish his reputation and leave all of those inside the Wolves camp hurting.
Anything less than a victory over high-flying Manchester City at Molineux on Sunday will seal Wolves' fate with three games of the season still to play.
Connor - who has spent 13 years on the coaching team with Wolves, working under four different managers - was given the task of steering the club to safety when there were 13 games remaining.
He has been unable to bring about a reversal in fortune since inheriting the reins from Mick McCarthy and admits he will have to shoulder much of the responsibility if the club find themselves tumbling back into the Championship.
"I won't be slightly tarnished by it, I will be tarnished by it (if Wolves go down)," he said.
"That's not a problem. I worked under Mick (McCarthy) for a number of years so I will be accepting whatever responsibility I have to take for the season.
"The last 13 games have been my responsibility."
Connor says tragic events such as the death of Wales manager Gary Speed and Bolton midfielder Fabrice Muamba's cardiac arrest put events at Molineux into perspective, but admits relegation will represent a painful blow.
"It's not the end of the world. There would be a lot of hurt though," he said.
"Things have happened this season in football, such as what happened to Bolton at Tottenham, and to Gary Speed, so football can sometimes be taken out of context.
"But a lot of people will feel the hurt - supporters, staff and players, if that's the case (relegation). The process will start for next season straight away and you hope to build again for the future."