Chorley, who compete in the sixth tier of English football, are the lowest-ranked team left in the competition after knocking out Championship Derby in round three.
Their reward for that scalp is the visit of Premier League Wolves and Vermiglio believes his squad can be inspired by memories of 1986, when Chorley won after two replays in the first round.
“If the players can be motivated even more we’re going to try it by utilising the spirit of ’86 and what that team did,” Vermiglio said.
“That’s what they’ve got to aim for. The game in ’86 brings an extra bit of spice, mainly because those people are still here.
“We’re fortunate enough to have people like Ken Wright, chairman of our club, who was the manager on that day. So for him, this is unbelievable to be reliving those memories.”
Wolves were in sad decline following three straight relegations to the old Fourth Division when they were embarrassed by Chorley at Bolton’s former home ground, Burnden Park.
“The gap is so much bigger between us both than Wolves and Chorley at that time,” Vermiglio said.
“But what that Chorley side did – two 1-1 draws and then a 3-0 win – was unheard of and I’ve been at the club for almost 20 years and that is the game that is always talked about.
“If the lads play to their capabilities and do the extraordinary and get a result, then it will be these players that are talked about for the next 40 years.”
Wolves’ defeat to Chorley is still regarded by their fans as one of their darkest hours as a stark reminder that a once mighty club had hit rock bottom.
Being paired with the National League North side when the fourth-round draw was made will have sent shivers down the spines of a generation of Wolves supporters and Vermiglio hopes to capitalise.
The Chorley boss, also headteacher at a primary school in Warrington, said: “Their fans apparently have been speaking about it as well. There’s a bit of doom and gloom around Wolves with their recent results.
“When they saw they were playing Chorley, naturally they started saying, ‘here we go again, they did us 3-0 in 1986, could it happen again?’
“The pressure is on them to come and win and I think (Nuno Espirito Santo) will want to play one of his strongest sides to make sure there are no banana skins.”
In the third round, Chorley won 2-0 against a Derby side badly depleted due to a coronavirus outbreak.
Vermiglio’s side have also upset Wigan and Peterborough in this year’s FA Cup after beating Gateshead and York in the qualifying rounds.
This weekend get a £10 free bet with Betfair, when you bet £10 on a Same Game Multi on the Premier League.
Terms: Min £10 Same Game Multi bet on any EPL match this Fri - Sun. Free bet valid for 72 hours, awarded at bet settlement. Excludes cashed out bets. T&Cs apply.