The Madejski Stadium

Next Game

Reading v Wolves

Sunday, 28 September 2014, 13:15

Sky Bet Ch'ship

Molineux Stadium

Last Game

Wolves 1 - 0 Bolton

Saturday, 20 September 2014, 15:00

Sky Bet Ch'ship

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.

Related News

Most Commented

Readers' Comments

H

ilarious, thanks for that. But if I may, I do suspect the reason of your partners' ire is not Tottenham, but most probably all the compusilve gambling :)

DannySmith
Backing Costa To Keep Banging 'Em In

T

wo police horses in a paddock. Horse 1: What's with the long face? Horse 2: I'm working St James Park this weekend.

hump3.
Pardew braced for protests

T

wo things. First, I can't stop reading your name as 'Dane Bowers'. Second, you used the words 'philosophy' and 'Redknapp' in the same sentence.

ajsr1982
Can United's Defence Handle Ulloa?

Footer 365

Premier League: Arsenal win 3-0 at Aston Villa to end the hosts' unbeaten start

Aston Villa’s unbeaten start to the season was ended by a devastating goal blitz as Arsenal enjoyed a 3-0 away win.

Premier League: Newcastle draw with Hull City as Papiss Cisse scores two

Substitute Papiss Cisse saved the day for Newcastle and under-fire manager Alan Pardew in their 2-2 draw with Hull City.

Premier League: Victor Wanyama earns Southampton 1-0 win at Swansea

Victor Wanyama broke the resistance of 10-man Swansea as Southampton left the Liberty Stadium with a 1-0 win.

Mail Box

Be Careful What You Wish For, Gooners

That's the message from a Man United fan in the mailbox. Plus, thoughts on Paul Lambert's new contract, the Alan Pardew dilemma at Newcastle and lots more...

No, Wenger IS To Blame For Failure...

The backlash to the backlash to the backlash sees Arsene Wenger getting a good kicking while we also have mails on Chelsea, Newcastle, Everton and lots more...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property