Mick McCarthy's Wolves side may owe a large part of their continued Premier League existence to Manchester United and Tottenham, whose victories on Survival Sunday condemned Blackpool and Birmingham to the dreaded drop, but their immediate future lies squarely in their grasp and looks remarkably promising for a side who just 8 days ago were less than 45 minutes from being relegated and seeing their 3 fierce Midlands rivals stay up at the same time.
On the recruitment side, Wolves seem unlikely to lose any of the key members of their settled and spirited squad over the summer. David Jones is one confirmed to be heading out of the club, but he has struggled with injury this season and would not be a natural starter ahead of David Edwards, Karl Henry, Nenad Milijas or Jamie O'Hara (should the latter's signature be secured as expected). Michael Mancienne's return to Chelsea, and rumoured subsequent transfer to Hamburg, should not unduly trouble McCarthy for the same reasons, although Mancienne's natural position of centre-back may nudge the Irishman to invest in that position as Jody Craddock's contract is shortly to expire. Marcus Hahnemann appears the other member of the usual matchday squad likely to depart, with his contract also up soon. His place could be swiftly filled by the likes of Tomasz Kuszczak, or perhaps Matt Gilks, who are tipped to depart their clubs shortly in search of regular Premier League starts and would provide strong competition for the current first choice stopper, Wayne Hennessey.
Of course, the funds available to capture replacements and additions may well depend on the whereabouts of recent England cap Matt Jarvis. After a fine first season in the top flight, which brought him a first international appearance in March, the former Gillingham winger has been eyed by Liverpool, possibly as a replacement for the out of form Joe Cole, and Aston Villa, should Ashley Young depart for a higher level. Wolves are generally well stocked in the wide areas, with Stephen Hunt, Michael Kightly and Adam Hammill supported by utility players Kevin Foley and Stephen Ward, but would miss the direct running and dangerous delivery of Jarvis. Moreover, given Jarvis' relative inexperience at the top level, Wolves might struggle to replace him with the funds generated by his sale, which would probably not greatly exceed those mooted in the O'Hara deal (around £5m). If Wolves can keep hold of the tricky winger, and replace David Jones with someone in the vein of Blackpool's David Vaughan, who appears Sunderland-bound, the playing staff alone should ensure a comfortable mid-table finish, particularly if Kevin Doyle and Steven Fletcher can stay on the pitch and in the goals.
One absolutely priceless quality that should make Wolves the envy of any top-flight outfit is their stability and honesty at management level. McCarthy himself is certainly not to everyone's tastes (just ask fellow Irishman Roy Keane for corroboration of that), but his fierce loyalty - which rarely, if ever, descends into blinkered vision - and forthrightness make him not only an engaging interviewee (like Ian Holloway, he is always good for a soundbite) but a fine motivator and man manager; in the intense final weeks of the season, I do not recall hearing a single word from any player against him or any other member of the staff, playing or otherwise. All of the noises coming out of the camp centred on team spirit and hard work, rather than on personal futures or petty feuds with teammates. McCarthy and his players are also fortunate in enjoying unwavering support from the men at the very top of the club, with owner Steve Morgan and chief executive Jez Moxey offering encouragement and solidarity rather than warnings and speculations. If we contrast this with the appalling behaviour of West Ham's board in the last weeks of their Premier League life, which seemed to predominantly concern individual performance at a time demanding togetherness, Wolves' survival and the demise of a team packed with England internationals becomes rather easier to comprehend.
Financially, Wolves are not in the straits that seem to have bogged the Hammers down for years; nor are they in the palatial domain of Europe's big hitters. Instead, they appear to inhabit a sort of happy middle ground that befits a proud community club, with investment being prudent (a phased expansion of Molineux is underway) rather than rashly spontaneous. Their promotion to the top flight at the end of the 2008/9 season naturally contributed hugely to the club's current financial stability, but Steve Morgan has never seemed unwilling to provide the cash for key players (Kevin Doyle and Steven Fletcher both cost the club more than £6m, while O'Hara should be around £5m); at the same time I do not recall any obvious wastefulness in terms of transfer fees. This judicious use of funds is emblematic of the sensible manner in which the club operates, and a sensible summer, featuring the retention of key players and staff and the replacement of departing squad members, should see this club well clear of the trapdoor when Survival Sunday looms into view again in about 12 months' time.