Wolves must aim higher if Morgan's spending claims are to be believed

The media rarely has the opportunity to quiz Wolves' owner Steve Morgan.

But when we do, he is pretty much as you would expect.

Those in gainful employment would understand that you don't work your way up from the bottom to multi-millionaire status in the building industry without the ability to call it as you see it.

Looking good: Owner Steve Morgan unveils his plans for the North Bank

Looking good: Owner Steve Morgan unveils his plans for the North Bank

And, to be fair, he certainly has shown that support to Wolves' boss Mick McCarthy.

Morgan's point during Thursday's press call to update supporters on the North Bank (looks very impressive, by the way) was that perhaps fans don't realise just how much.

And although most people might look at his words this morning - i.e. 'the first-half of the season is unacceptable' - as a tad harsh - there were one or two million reason why he was a bit miffed.

First was the suggestion that he has not spent money to bolster McCarthy's squad.

He then rounded on the local reporter for his apparent failure to accurately report transfer fees.

Remember, this is the same club that routinely trots out the word 'undisclosed' whenever money changes hands over player deals.

However, Morgan's greater point - and, apart from his 'Must do better' warning to McCarthy which has been reported upon this morning - was the fact that Wolves have spent significant sums of money.

He maintained that Wolves are within (and I'm using his phrase here, not mine) 'the top quartile' of clubs in the Barclays Premier League when it comes to splashing money in the transfer market since they jumped back into the big-time.

Big buy: Roger Johnson (right) was one of Wolves' main signings last summer

Big buy: Roger Johnson (right) was one of Wolves' main signings last summer

That's some statement when you consider the likes of Manchester City and Liverpool, in particular, have been shelling out like there's no tomorrow.

If that's true, then Morgan's words are placed into a far more relevant context.

There is a lot to admire at Molineux. The training complex at Compton should be the equal of anything in the top-flight when it is finally finished.

The plans for the North Bank are impressive. Morgan clearly feels there is a market that is not being catered for here. And the re-incarnation of the 'Terrace Bar' will go down well with punters, I'm sure.

But while there is a natural reticence to swap and change with respect to the football side, there was a very clear warning to the club's boss in both Morgan's words and demeanour.

Although, in fairness, I'm sure those feelings will come as no surprise to his manager.

Randy fully committed to Villa

The following is written just to show that Randy Lerner is a hands-on owner. And that he does care.

I understand that this week he sat down with manager Alex McLeish and chief executive Paul Faulkner to discuss a few issues at Villa Park.

A few transfer scenarios were worked through - but that the situation remains very much as has been reported recently.

In terms of wages, Villa are spent-out at the moment. If there are to be any further purchases, then they will have to be balanced out by departures.

Contrary to stories being spouted elsewhere it seems that Mr Lerner remains very much committed to Villa.

And the fact he is actually in the country and has hosted a meeting at least answers some of the critics who claim he isn't here very often.

He is. But he just doesn't advertise the fact.

Aston Villa manager Alex McLeish
Aston Villa chairman Randy Lerner

Support: Randy Lerner (right) has been holding talks with Alex McLeish

While we are on the subject of Villa, it's been brought to my attention that the second-half of this campaign in the Barclays Premier League will be make-or-break for a number of the club's younger players.

'Potential' is one of the most irritating words associated with football. However, it's been bandied about for far too long at Villa Park with respect to one or two of the first-team squad.

McLeish is in the process of making up his mind about whether they are capable of making the step up to the upper reaches of the most competitive league in the world.

For my own part, I think Ciaran Clark, Chris Herd and Marc Albrighton have what it takes. The jury is still out on one or two others. However, they all need game-time. Hopefully, once a few more points are collected, the manager can give them it.

McLeish hasn't had as long as some regular observers of the club to reach the same conclusions over certain players. Others among them have been warned that the clock is ticking down.

Give the fans some credit, Peter

Interesting to note the comments of Birmingham City vice-chairman Peter Pannu in the programme ahead of the match against Ipswich Town on Wednesday evening.

While most supporters were hoping for some details of the exact picture with respect to a number of outstanding financial issues concerning the club's future, his piece actually clarified nothing. (Unfortunately)

It has 'only' been seven months now since owner Carson Yeung was arrested for money-laundering. Supporters have been feeding off scraps of information ever since.

Confusing: Peter Pannu (left) wasn't clear in his message to Birmingham's fans

Confusing: Peter Pannu (left) wasn't clear in his message to Birmingham's fans

Further details will emerge, fingers crossed, at the end of the month when the overdue accounts of the holding company are finally released.

But on Wednesday, Blues' fans were instead re-assured with the following words on the January transfer window.

'No-one is for sale, whilst all are available for sale,' he wrote, before adding, 'the price would be the determining factor.'

Come on, Peter!

Next week's instalment of lessons on the blindingly obvious: Peter Pannu's top tips on how to toast bread using a toaster.

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