The North Bank terrace was demolished in October 1991, and, the following summer, the new Stan Cullis Stand was completed in August 1992, in time for the 1992–93 season.
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The club was saved from folding in August 1986 when Wolverhampton Council bought the ground for £1.12 million, along with the surrounding land, while Gallagher Estates, in conjunction with the Asda Superstore chain, agreed to pay off the outstanding debt – subject to building and planning permission for a superstore being granted.
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On 24 June 2003, Molineux also became Wolverhampton's biggest live concert venue, with Bon Jovi performing in front of 34,000 people.
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The takeover of the club and stadium by Sir Jack Hayward in 1990 paved the way for redevelopment, which was further prompted by legislation following the Taylor Report that outlawed terraces which affected Premier League and Division One stadiums from the 1993–94 season.
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The road resumes its journey northwards, passing Molineux Stadium (home of Wolverhampton Wanderers F.C.) and leaving the city just south of Junction 2 of the M54.
For instance, the South Bank Stand behind the southern goal at Molineux Stadium, Wolverhampton, home of Wolverhampton Wanderers F.C., had a maximum of 32,000 standing attenders, while the rest of the stadium hosted a little bit less than that (total maximum attendance was around 59,000).
His best season at Molineux came in 1992–93 when he managed 34 appearances, scoring 8 times – the best seasonal tally of his career, as Wolves again came 11th.