Jez Moxey "optimistic" over Wolverhampton Wanderers position

Wolverhampton Wanderers chief executive Jez Moxey believes that the club's supporters need to gain a sense of "perspective" with regards to their current predicament in the Premier League.

The West Midlands side are currently in the bottom three of the table, with a weekend 5-0 defeat to Manchester United serving as the club's latest blow.

"In footballing terms we are, of course, extremely disappointed to be in the bottom three," said Moxey. "We recognise that on the field results are the most important measure for any club.

"We are not happy with the current onfield situation, far from it, but we should put things into some sort of perspective. We shouldn't forget Wolves went through a period of spending just one season in the top division in 25 years.

"We remain optimistic, in the medium term at least, of maintaining the upward progress the club has enjoyed over the last six years or so. Off the field, we are in a strong position."

Wolves continue their fight for survival with an away fixture to Norwich City on Saturday.