Date:Thursday January 26 2006
Wolves CEO Jez Moxey promised manager Glenn Hoddle money to spend in January. Publicly the figure was put at around £2 million pounds.
To put that in context, its a sum larger than any other Championship club has so far spent this year.
Some fans had doubted that the money would be released, and saw the clubs insistence on not being held to ransom over Izale Mcleod as a sign the financial commitment given would not be honoured.
Jez Moxey has spoken in the Birmingham Post to inform fans exactly what has gone out for the players that have come in.
"We've done everything we said we'd do,' said Moxey. 'People say we don't spend money, but we've now spent more than any other Championship club.'
Wolves have signed 5 players since the current transfer window opened and that hasn't come cheap.
Some were loan signings commuted to permanent additions, but that doesn't alter the fact that a cash sum was involved to secure their sevices.
'We've paid money for five players since at a cost of over £2 million. People forget about Stefan Postma and Gabor Gyepes as they were here already, but they still cost six-figure fees, as did our other Hungarian Denes Rosa. And, apart from finally clinching the deal for Tomasz, we've also completed the signing of Maurice Ross.' Jez added
So a promise made has been kept. £2 million pounds was pledged to the manager, and thats almost exactly what the club have spent.
Out of the 5 players, 3 are current internationals. One goes to this years World Cup Finals as the joint highest scorer in his qualification group.
It's a sign that contrary to some recent criticism, Wolves have not been as inactive as some thought.
And the players that have been signed have brought strength to the squad just when they need it most.
Only time will tell if the difference is big enough to fire the club back to The Premiership. But if not, it wont be for lack of trying. Or for lack of investment.
Maybe now when Jez Moxey makes his promises more will listen. And be prepared to believe
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Everton join list of clubs interested in Sako (Wednesday May 27 2015)
Iorfa and Hause receive England call (Tuesday May 26 2015)
Wolves make first signing of the summer (Friday May 22 2015)
Afobe named in England squad (Thursday May 21 2015)
Afobe knows he must improve (Wednesday May 20 2015)
Is Sako worth £80,000-a-week? (Tuesday May 19 2015)
Wolves need a few more players says Van La Parra (Tuesday May 19 2015)
Wolves set to bid £3million for Cardiff striker (Monday May 18 2015)
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