 During Lee's time as manager, Wolves were semi-finalists in the Division One play-offs and the FA Cup, and Lee was promoted to the manager's seat in November 1998, after McGhee was sacked.His initial caretaker spell beginning with a 6–1 win against Bristol City at Ashton Gate.The next two seasons saw Wolves just miss out on the Division One play-offs, and he was sacked in December 2000 with the Midlanders struggling in the bottom half of the division.