Shropshire Star

Steve Morgan: No Wolves sale lined up

Owner Steve Morgan has revealed 'no firm talks' are taking place over the sale of Wolves – after making a surprise return to Molineux.

Published

The 63-year-old was in the directors' box to witness Saturday's 3-1 defeat to Cardiff City, the first game he has attended since resigning as chairman and putting the club up for sale last September.

Since then there has been constant speculation over the club's future but Morgan, breaking his silence, indicated any potential sale is still some way off.

"There is no update, we are not in firm talks with anyone," he said. "There is no update on what has been said in the past."

Morgan, who bought the club from Sir Jack Hayward for £10 in 2007, is thought to want between £30million and £40million and it is understood Wolves have spoken to several interested parties.

Once an attendee at almost every game, Morgan had not been seen at a match since the 1-1 draw at Preston, after which he was confronted by angry supporters on the car park.

His shock announcement to resign as chairman and put the club on the market came two days later.

Yet head coach Kenny Jackett recently confirmed Morgan has been in 'constant contact' with the Wolves hierarchy.

His attendance at Saturday's game followed the official opening of The Way, a new £6million youth centre in School Street.

Morgan has long been criticised by some sections of the club's support over a perceived lack of investment in the first-team.

Those views were reflected in numerous comments posted about his return on the Express & Star website.

Yet others were more positive with one, Harry Hooper, writing: "He should be welcomed back. I can't see anyone buying this club quickly."