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Wolverhampton Wanderers FC has been put up for sale after owner and chairman Steve Morgan decided to put his 100% shareholding in the club up for sale.
Wolves have released the following statement:
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% 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 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.
Wolverhampton Wanderers have confirmed that a third bid from Norwich City for Benik Afobe has been immediately rejected.
The club said its position on selling the player is unchanged since they issued a statement last week.
See below for their previous statement.
Benik Afobe was bought from Arsenal in January 2015, and other players arrived in the summer, to strengthen the team for the strongest possible challenge on promotion this season. Therefore, neither Benik nor any of Wolves’ first team forward players, will be sold this season. Benik has developed into a player of key importance to Wolves and the Club’s plans for this campaign. Wolves have previously resisted the opportunity to sell other key first team players in this and other recent transfer windows. As far as the Club is concerned there is no need for any further comments or speculation about this issue.
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Plans have been announced for a statue of Sir Jack Hayward to be built in Wolverhampton.
The location of the monument for the former Wolverhampton Wanderers Chairman has not been confirmed, but it is likely to be in the City Centre rather than at Molineux.
The South Bank of the Stadium is set to be re-named the Sir Jack Hayward Stand in another tribute to the lifelong Wolves fan who died in January.
Nottingham Forest manager Dougie Freedman and Wolves manager Kenny Jackett have both been nominated for Sky Bet Championship Manager of the Month.
Freedman kick-started his tenure at the City Ground by collecting 16 points from 18 and averaging three goals per game, despite losing top scorer Britt Assombalonga.
Jackett, meanwhile, has lifted Wolves up towards the play-off places with four wins in six games.
Sir Jack Hayward's funeral service will be held on Tuesday, February 3 at St Peter's Collegiate Church in Wolverhampton at 2pm.Read the full story ›
Sir Jack Hayward is to be honoured at Wolverhampton Wanderers' home game with Blackpool this afternoon.
The former owner died on Tuesday aged 91 after battling illness for several months.
Part of Molineux stadium will be transformed into a tribute to Sir Jack, with a special 'life in pictures' wall display and fans will be able to sign a book of remembrance.
The book will later be presented to his family, who will be present on the pitch for a minute's applause.
At the same time, fans who have volunteered to create a Sir Jack mosiac will hold up their individual cards to display the design from the Steve Bull stand.
Chief executove, Jez Moxey, said many fans were making effort ‘to wear Old Gold and Black for Jack’ and to bring Wolves flags and banners to celebrate Hayward's life.