Morgan admits Wolves worries

Wolves chairman Steve Morgan has admitted that the club have not made any financial plans for relegation to League One.

Last Updated: 05/03/13 at 19:19 Post Comment

Steve Morgan: Appointed Dean Saunders as manager in January

Steve Morgan: Appointed Dean Saunders as manager in January

The Midlands club currently sit second from bottom in the Championship after a run of thirteen games without a win, and manager Dean Saunders has yet to register a single victory since taking charge.

Wolves, who were relegated from the Premier League last season, have a wage bill of £25million, with chairman Morgan revealing that the club are losing £6.5million per year. Financial issues would only increase if the club suffer a second successive relegation.

"It's up to us to make sure we don't get into a tailspin," Morgan said.

"The contracts were all done when we were in the Premier League. There was no question or thought about going into League One.

"None of the contracts take that into account."

Wolves face Millwall on Tuesday night before travelling to the City Ground on Saturday to face Nottingham Forest.

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ow is the time for Allardyce to finally get a chance at a big club please. He is likely to have a number of great offers for his services this summer, but who will he choose? Will it be Liverpool, Real Madrid, Dortmund or Man City?

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thought exactly this when the Match of the Day pundits were peddling this line. Is it really not okay for fans of a club to have some ambition these days then?

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