Hibbitt will join Mikey Burrows and Chris Iwelumo to discuss his career at Molineux as the third guest on the Old Gold Club, sponsored by Wolverhampton Building Supplies.
He joins Carl Ikeme and Tony Daley as inductees into the Old Gold Club and supporters will be able to hear from the former midfielder on a 30-minute video or extended podcast on iTunes, Spotify and Google Play.
The 67-year-old represented Wolves between 1968 and 1984 and became the club’s second highest appearance maker in that time, behind Derek Parkin.
The popular midfielder turned out 574 times in the old gold and netted 114 goals, earning him legendary status at Molineux.
Hibbitt played a key role in Wolves’ two League Cup successes of 1974 and 1980, and was a UEFA Cup runner up during his time with the club.
The video will be available on Facebook and YouTube from 6pm on Wednesday, and the full podcast will be available on Apple Podcasts and Spotify.
While you wait for Wednesday's episode, why not listen back to episodes one and two with Ikeme and Daley.