It’s estimated that would allow for 1,100 extra seats on top of what Wolves already have in that part of the ground.įurther work to the Steve Bull stand, including redeveloping the concourse in both tiers and the hospitality areas, is estimated to be worth £16million by Jones. Wolves have a nine-stage plan to redevelop the dated Steve Bull stand, which involves demolishing and rebuilding the lower section to move it closer to the pitch. “We understand that actually this is home, this is home of the football club, and we want to keep improving it, we want our supporters to be proud of it, and we especially understand that the Steve Bull needs some work.” But I want to reassure fans that that doesn’t mean to say that we’ve downed tools on the stadium. Jones said: “As Jeff said in Ask Wolves last year, the priority still remains in this order, which is number one: team, number two: training ground, and number three: stadium. Shi didn't address the stadium redevelopment in the latest edition of Ask Wolves, which was released at the end of May, but commercial chief Russell Jones reiterated the club's stance. The Wolverhampton investment prospectus includes plans for a 'Molineux Quarter' When we talk about a club, the stadium is important, but in modern times it’s more about the squad." And for Fosun and for myself, we always put the team first. "Of course, I understand that Sir Jack (Hayward) has done a lot of good things for the club, but I think you cannot compare two owners, because they share different backgrounds. “Also, if you have any money spare, I think the first priority is the first team, the starting XI, and even the academy is ahead of the new stadium. And also if we meet a year like the last year, it will be disastrous. If it can break-even, then it can work, but now by current calculation, it’s harder to break even. If we think it is right to do that, we will do that. Shi said: “When the moment is right – I mean financially, when the moment is right – then we take the risks like this pandemic into consideration. Shi made no secret of the fact Fosun want Wolves to become largely self-sustainable and highlighted the financial problems caused by the coronavirus pandemic, which saw supporters barred from Molineux in 2020/21.
#Fan made stands update
With thousands on the season ticket waiting list, the need for a larger capacity is obvious.īut, giving his latest update last year, chairman Jeff Shi said Fosun have put the stadium redevelopment on the backburner to prioritise investing in the playing squad.
READ: Wolves linked with Kalvin Phillips replacement wanted by Leeds Unitedįosun’s price hike won't hurt attendances at Molineux with 30,000-plus regularly cramming inside the stadium throughout last season. READ: Wolves could come unstuck after Jeff Shi takes three transfer risks Season ticket prices have increased again but Wolves reported a 95 percent renewal rate. However, other than the introduction of rail seating on the South Bank, there haven’t been any major changes to Wolves’ stadium since those grand plans were revealed. Pictures included a single-tier South Bank and revamped Steve Bull and Billy Wright stands with capacity tipped to reach 50,000. Three years ago Wolverhampton Wanderers owners Fosun unveiled their vision for Molineux’s redevelopment.Īt the end of season awards dinner in 2019, Wolves bosses unveiled images of what Molineux could look like after the planned redevelopment.
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