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Tuesday 6 December 2016

Wolves up for sale

Wolves

A club statement read:
A club statement read: "Wolverhampton Wanderers FC announces today that after eight eventful and enjoyable years at the club, and after much thought, owner and chairman Steve Morgan has decided to put his 100 per cent shareholding in the Club up for sale.

Wolves have been put up for sale by owner Steve Morgan.

The Championship club are now on the market after chairman Morgan confirmed he is looking for a buyer after eight years.

Morgan bought Wolves from Jack Hayward in 2007 for £10 with the promise to invest £30million into the Molineux club.

A club statement read: "Wolverhampton Wanderers FC announces today that after eight eventful and enjoyable years at the club, and after much thought, owner and chairman Steve Morgan has decided to put his 100 per cent shareholding in the Club up for sale.

"Steve will step down from the board with immediate effect and day-to-day activities will continue to be managed by the chief executive with the current board overseeing operations.

"While the process of finding a new owner is being undertaken it is very much business as usual for the head coach, players, staff and all other stakeholders involved."

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