The fields at Prouds Lane have not had any significant improvements for many years, but the City of Wolverhampton Council has received funds from local developers to carry out work.
Residents are invited to the last in a series of consultation events organised by the council and Bilston North Councillors Linda Leach, Phil Page and Olivia Birch, taking place this week.
Councillor Steve Evans, the City of Wolverhampton Council's Cabinet Member for City Environment, said: "We have received a small amount of Section 106 monies from local developers and are looking to use it to make improvements that the community needs and wants.
“We want to hear what is important to local residents and their families, and how they currently use, or would like to use, Prouds Lane playing fields.
"We've already received some really good ideas about the sort of improvements which could be made, such as new footpaths or play equipment, and it's important to make it very clear that we are not looking at removing football pitches or building houses on what is a very valuable community resource."
Councillor Linda Leach added: “Prouds Lane Playing Fields are an important space for the people of Bilston and we want to do all we can to ensure they continue to be popular and well used by local residents.”
The consultation event takes place at Bilston Baptist Church on Wednesday (25 September) starting at 7pm.