BOSS Eddie Howe braced himself for the arrival of the Championship's big spenders and admitted the financial climate in the second tier had changed since Cherries had earned promotion.

The full line-up of promoted teams was confirmed on Saturday with Wolves and Cardiff joined by Fulham following their 1-0 victory over Aston Villa in the play-off final at Wembley Stadium.

Champions Wolves have benefited from heavy investment from billionaire owners Fosun International in the past two years, while Malaysian tycoon Vincent Tan has ploughed nearly £200million of his fortune into Cardiff.

Flamboyant Fulham chief Shahid Khan, whose wealth reportedly exceeds £5billion, has told the Evening Standard that "money is not a limitation" for the Cottagers.

Cherries – backed by wealthy Russian owner Maxim Demin – have secured 16th, ninth and 12th-place finishes in the top flight and Howe revealed how the arrival of the Championship's finest would make the Premier League a more difficult proposition.

Asked if he envisaged a tougher task given the promoted sides' financial muscle, Howe said: "Absolutely right. You look at the size of the clubs at the top of the Championship and there are some big guns there ready to return to the Premier League.

"Wolves are going to be a very dangerous team to play against. They are going to be strong. We’re well aware it’s going to get more difficult but that’s the beauty of the league and the challenge.

"We’re in the best league in the world in many people’s eyes. We’re privileged and delighted to be in it but we have got to try and stay in it.

"The landscape has changed (since Cherries came up). Without knowing too much about what's going on in the Championship, you can see the money being spent and the wages being given to players – the expectations for those clubs are huge.

"When you have those clubs added to already huge clubs in the Premier League, institutions really, we know we have to be really smart about what we do to the team."

Now the longest-serving active Premier League boss, Howe insisted he would not let up in his bid to get the most out of his players.

And the 40-year-old admitted his lengthy second spell as manager at Cherries could work both for and against him.

Quizzed on maximising his squad's potential, Howe said: "It’s difficult. We are unique in the fact that now Arsene Wenger has left Arsenal, I am the longest-serving manager. That poses its own strengths and weaknesses.

"The players are used to you, your voice and the way you work. I think that’s a strength but it can be a weakness. These are things I’m well aware of.

"We are going to be very clever with how we work and keep things fresh for the players to make sure that we keep moving forward."

Lewis Grabban, who has spent the past four months on loan to Aston Villa from Cherries, received little service during the play-off final with Tom Cairney's cool finish winning it for Fulham.