Wolves have unveiled exciting plans for a £40 million redevelopment of Molineux which would take its capacity to 36,000 in time for the start of the 2014/15 season.
The project, which will be submitted for local authority approval in late July, and was made public to local residents for the first time on Thursday night as part of a consultation meeting.
The club's vision comprises of four phases, although planning permission will only initially be sought for the first three phases.
Importantly, chief executive Jez Moxey insists the money set aside for the initial stage of the plans is ring-fenced and will not affect manager Mick McCarthy's transfer budget as he looks to keep Wolves in the Premier League.
Moxey went on to stress the club's focus remains "all about the football" and firmly on building a squad capable of keeping the Black Country club in the top flight.
Speaking about the iconic project, he said: "These plans represent an exciting vision for the redevelopment of Molineux, which our chairman Steve Morgan had when he first acquired the club in 2007. His commitment to Wolves and his investment into all aspects of the club has helped us develop on and off the field, culminating in the team retaining its Premier League status for the coming season."
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