Denis Irwin said his retirement in front of the Molineux crowd on Saturday was a poignant moment.
The Irishman received a rousing ovation when he was substituted one minute from the end of the defeat to Tottenham.
"I was quite emotional when I came off at the end because I knew that was it but I will have a few drinks and get over it," said Irwin.
"I think it will begin to really hit home when the new season starts in August but I have got no regrets."
Wolves boss Dave Jones praised Irwin as a model professional who will be badly
missed at the club next season.
"The biggest honour I can give Denis is that he has trained this week as if it was his first," he said.
"He is a great credit to himself and to all the clubs he has served throughout his career."
The 38-year-old Irishman claimed seven Premiership titles during his 12 years at Old Trafford, as well as the Champions League.
Manchester United boss Sir Alex Ferguson said: "Denis' career has been one of absolute distinction.
"His greatest years were here and I was fortunate to get him for what everybody would consider a steal at £625,000.
"It is great for Denis to be able to look back on the career he has had, and he was never anything less than a fantastic professional."