MX23RW : Monday, November 25 21:36:31| >> :600:183331:183331:

Steve Morgan to step down from Wolves board, puts club up for sale

Steve Morgan reveals his intention to sell his 100% shareholding in Wolverhampton Wanderers, while stepping down with immediate effect.

Wolverhampton Wanderers owner and chairman Steve Morgan has revealed that he intends to put his share of the club up for sale.

The 62-year-old businessman has announced his intention to step down from the board with immediate effect after eight years at the helm.

Day-to-day running of the Championship outfit will continue to be managed by chief executive Jez Moxey, while the process of finding a new owner is now officially underway.

A statement on the club's website adds: "It is very much business as usual for the head coach, players, staff and all other stakeholders involved with Wolves.

"Steve would like to relay to all concerned that his ongoing commitment and financial support to Wolves will continue until a new owner can be found.

"He would like to thank everyone connected with the club for their support and backing over his tenure to date and, as always, wishes Wolves every success for the future. Steve will not be making any public comments in relation to this announcement."

Liverpool-born Morgan has previously attempted to take full control of the Anfield side, and had an initial offer of £63m rejected in 2004.

ID:249182: cacheID:249182:1false2false3false:QQ:: from db desktop :LenBod:restore:2042:
Restore Data
Share this article now:
An undated portrait of the President of Wolverhampton Wanderers Sir Jack Hayward
Read Next:
Hayward passes away, aged 91
>
rhs 2.0
Today's games header
Tables header RHS
TeamPWDLFAGDPTS
1Liverpool1210112481631
2Manchester CityMan City127232217523
3Chelsea126422314922
4Arsenal126422112922
5Brighton & Hove AlbionBrighton126422116522
6Tottenham HotspurSpurs1261527131419
7Nottingham ForestNott'm Forest125431513219
8Aston Villa125431919019
9Newcastle UnitedNewcastle115331311218
10Fulham125341717018
11Brentford125252222017
12Manchester UnitedMan Utd124441313016
13Bournemouth124351617-115
14West Ham UnitedWest Ham113351319-612
15Everton122551017-711
16Leicester CityLeicester122461523-810
17Wolverhampton WanderersWolves122372028-89
18Ipswich TownIpswich121651323-109
19Crystal Palace121561017-78
20Southampton121110924-154


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
Argentina's Lionel Messi kisses the World Cup trophy after collecting the Golden Ball award on December 18, 2022Sign up for our FREE daily preview newsletter direct to your inbox!