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Wolves cannot understand why the Football Association have rejected their appeal against Nenad Milijas' red card in Tuesday's 1-1 draw at Arsenal.
The Serbia midfielder was sent off for his challenge on Mikel Arteta and will miss Wolves' next three matches - the league games against Bolton Wanderers and Chelsea as well as the FA Cup third round clash with Birmingham City.
Mick McCarthy's side are currently15/8to be relegated and10/1to finish at the foot of the Premier League table. They are also100/1to win the FA Cup this season and12/5to beat Bolton Wanderers this weekend in a crunch relegation encounter.
Club secretary Richard Skirrow released a statement which read: "We are hugely disappointed with the ruling. From the video evidence of that challenge alone, we strongly believed we had very good grounds for appeal and this was an opinion that seemed to be shared by a lot of people who have viewed the incident.
"Our view that the dismissal and three-match ban would be hugely disproportionate to the alleged offence was further reinforced by other incidents in the game.
"However, despite highlighting the inconsistency and harshness of Nenad's dismissal, we have been told that it was not deemed to be an obvious and serious error and, therefore, the original decision and resulting punishment stands."
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