Page last updated at 12:23 GMT, Friday, 28 May 2010 13:23 UK

Wolverhampton Wanderers plan 40m Molineux revamp

The Wolves ground can currently hold 30,000 spectators

Wolverhampton Wanderers have unveiled plans for a £40m revamp of their Molineux ground, taking capacity from 30,000 to 50,000.

In the first phase, over a three-year period, the Stan Cullis and Steve Bull stands will be demolished and new two-tier stands created.

In further phases there are plans for the Jack Harris stand to have a new top-tier added.

Redevelopment of the Billy Wright stand is also mooted in years to come.

The plans will also provide a boost to the local economy, with new jobs set to be created both during construction and, in the long-term, as part of the bigger and improved stadium, the club said.

Gold and black

The design depicts a 21st Century Molineux that respects the club's heritage, including the gold and black colours, it added.

During the rebuilding of Molineux its capacity will be significantly reduced.

Wolves ground in years to come
An image of how it is set to look has been created

Wolves are currently working on the ticketing arrangements during this period, with details to be announced early in the New Year.

Jez Moxey, Wolves Chief Executive, said: "We have a long-term vision.

"To compete, we have to expand.

"We have to generate more revenue to put back into the infrastructure."

Premier League side Wolverhampton Wanderers moved to Molineux in 1889 from their original Dudley Road ground where they began playing in 1887.

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