In the 2007–08 season, Wolf continued to be in the first team at the club and scored his first goal of the season on 1 September 2007, in a 1–1 draw against Energie Cottbus. His second goal came on 11 November 2007, in a 3–1 loss against Arminia Bielefeld. Nine days later, on 20 September 2007, Wolf made his European debut for the club, playing the whole game in a 0–0 draw against Rapid București in the first leg of UEFA Cup first round. He suffered injury setbacks in the first half of the season, and later in the 2007–08 season he was suspended twice. The season saw Nürnberg relegated back to 2. Bundesliga with Wolf making 30 appearances and scoring twice in all competitions.