Wagner masterminded promotion in his first full season after arriving from Borussia Dortmund Under-23s.
Wagner faces a headache over his loan signings at the Yorkshire club next season.
Premier League rules mean he cannot get two players from the same team on short-term deals.
Huddersfield Town beat Reading on penalties in the play-off final after drawing 0-0 in normal timeReutersThe 45-year-old took over the Terriers in November 2015 after previously managing Borussia Dortmunds reserve sideNews Group Newspapers Ltd
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Izzy Brown and Kasey Palmer were loaned from Chelsea and are wanted next season – but one would have to be on a permanent deal if they returned.
That could open the door for Bournemouth to pounce for Palmer, 20, who is wanted at Dean Court.
Wagner will also compete with Crystal Palace and Leicester for Anderlecht centre-back Kara Mbodji.
The Senegal defender is also on Watford’s radar as Younes Kaboul could leave the club in the summer.
The moment Huddersfield Town gain their first ever promotion to the Premier League
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