Wolves have confirmed Glenn Hoddle is to remain as their manager.The former England boss failed to guide Wanderers into the Championship play-offs this season and had subsequently been linked with Charlton following the weekend announcement by Addicks boss Alan Curbishley that he would be leaving The Valley after 15 years in charge.But following a board meeting at Molineux on Tuesday, Wolves chief executive Jez Moxey confirmed Hoddle would continue as manager but will be forced to "operate within a reduced playing budget" after the club´s parachute payments ended following relegation the Premiership two seasons ago.
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