Premier League clubs will have the opportunity to vote on the continuation of VAR next season during their annual general meeting in June.
Wolves have taken the lead by submitting a resolution to abolish VAR, citing concerns that the system is undermining the value of the Premier League brand due to a series of contentious decisions this season.
The vote, scheduled for June 6, will require at least 14 out of the 20 clubs to vote in favor of scrapping VAR for it to be removed from the Premier League. Wolves are expected to engage with other clubs to garner support for their proposal ahead of the meeting.
VAR was introduced to the Premier League in 2019 with the intention of aiding referees in avoiding clear and obvious errors. However, its implementation has been surrounded by controversy, with numerous contentious decisions sparking criticism from managers and fans alike.
"The introduction of VAR in 2019/20 was a decision made in good faith and with the best interests of football and the Premier League at its heart," a Wolves statement said.
"However, it has led to numerous unintended negative consequences that are damaging the relationship between fans and football, and undermining the value of the Premier League brand.
"The decision to table the resolution has come after careful consideration and with the utmost respect for the Premier League, PGMOL and our fellow competitors.
"Our position is that the price we are paying for a small increase in accuracy is at odds with the spirit of our game, and as a result we should remove it from the 2024/25 season onwards."
Wolves manager Gary O'Neil disclosed that he has been receiving apologetic phone calls from Professional Game Match Officials Limited (PGMOL) chief Howard Webb following VAR decisions that went against his team.
The impact of VAR on goal celebrations, prolonged check durations, and a lack of communication in stadiums have all been cited as issues that have frustrated supporters and contributed to Wolves' call for scrapping the system.
However, the Premier League maintains that VAR remains a valuable tool. In ongoing discussions with the referees' governing body PGMOL, the English top flight asserts that eliminating VAR could lead to an increase in incorrect decisions, potentially harming the reputation of the competition.
"The Premier League can confirm it will facilitate a discussion on VAR with our clubs at the Annual General Meeting next month," a Premier League spokesperson said.
"Clubs are entitled to put forward proposals at Shareholders' meetings and we acknowledge the concerns and issues around the use of VAR.
"However, the League fully supports the use of VAR and remains committed, alongside PGMOL, to make continued improvements to the system for the benefit of the game and fans."
(With AFP inputs)