Wolves chief Jez Moxey insists good scouting can make up for a lack of transfer cash.

Moxey told the Express & Star: "There's a myth that simply spending money equates to ambition.

"But no-one would say Michael Kightly, who has been one of the most exciting signings made in the modern history of this club, has been a poor signing yet he has been one of the cheapest the club has made at £25,000."