Molineux: Home of Wolves(credit: Wikipedia
Wolverhampton Wanderers have confirmed a three-step plan to redevelop their Molineux home.
The Midlands club have been keen to increase the capacity of the stadium and chairman Steve Morgan has now given the green light for a new two-tier stand to replace the current Stan Cullis Stand.
The project, which is set to cost £16m, will raise Molineux’s capacity from 28,525 to 31,700 in time for the 2012/13 campaign, and when it is completed Morgan will then consider whether or not to push through with the next two steps to the plan.
He told Wolves’ official website: “The aim is to drive the club forwards at all levels and to ensure we put our team in the best possible position to compete at the highest level.
“We know there is a balance to be struck. This decision is about a statement of our commitment, belief and ambition and about the planned success for Wolves over the medium to long-term.
“But we will also continue our policy of investing in our talented, young squad. There is no point in having a great stadium if we don't have a great team to play in it.”
And chief executive Jez Moxey added on Sky Sports News: “Internally the facilities are no longer as good as we want them to be for our fantastic fans.
“Importantly, we are trying to ensure we get the best possible atmosphere inside Molineux so we're moving the stands much closer to the pitch to create an incredibly intimidating atmosphere for our opponents.”