Moilneux will have increased capacity by 2012 says Wolves chairman
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Wolverhampton Wanderers have announced plans to redevelop Molineux.
The Premier League side, currently in the relegation zone, have been given the go-ahead by Wolverhampton County Council to revamp the stadium with work due to start at the end of the season.
The current capacity at Molineux is 28,525 but Wanderers chairman Steve Morgan has a three-step project to increase this significantly.
The first stage will see a new two-tier stand constructed in place of the Stan Cullis Stand, costing £16million and increasing capacity to 31,700 in time for the start of the 2012/13 season.
Once complete, Morgan will decide whether to pursue the second and third phases of the revamp.
He told the club’s 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.”
The stadium work is expected to be a big economic boost for the city – creating 350 new jobs. Once the three phase development is completed nearly 800,000 people a year could be visiting Molineux, either on a match day or visiting the Wolves’ new Museum, Retail Megastore or Conference & Banqueting facilities during the week.
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