When the Molineux Street Stand failed to meet new safety legislation , the club began building a new replacement stand behind the existing one on land where housing had been demolished . This new all-seater stand – named the John Ireland Stand after the then-club president – was completed in 1979 and was the first stage of a plan to rebuild the entire stadium . The cost of the Ireland Stand escalated to over £ 2 million and plunged the club into a financial crisis . As a result , it was forced to enter receivership in 1982 . By the time the team dropped into the Fourth Division in 1986 , only the John Ireland Stand and the South Bank terrace remained in use . New safety laws were implemented following the Bradford City stadium fire and these forced the closure of both the now-dilapidated North Bank and Waterloo Road Stand . The club did not have the funds necessary to rebuild them
Bradford City stadium fire
Bradford City stadium fire
Wolverhampton Wanderers F.C.