It’s been an eventful time at Molineux under the stewardship of Steve Morgan.
Life-long Liverpool supporter Morgan first arrived at Molineux in 2007, after he had bought the club for £10 from Sir Jack Hayward.
One condition of the sale was that he would invest £30 million into the club.
During his period as owner and chairman Morgan has overseen the building of the new Stan Cullis stand, but other expansion plans were put on hold after back-to-back relegations from the Premier League to League One.
The recovery has begun with promotion from League One and Wolves just missing out on the Championship play-offs last season.
But this term has seen the club in limbo, on the pitch any hope of a promotion push is practically over and off the pitch the club is in a state of flux.
Back in September, in somewhat of a brief statement on WOW, Wolverhampton Wanderers announced that the football club had been put up for sale by owner Steve Morgan.
‘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.’ the statement said on Wolves Official Website.
Despite stepping down from the football club board, the statement clarified that Morgan would continue to give financial support to Wolves until a new owner is found.
That position has been questioned by supporters who have seen a lack of investment in the side and the sale of star striker Benik Afobe.
Wolves Head Coach Kenny Jackett however insists that Morgan is still giving his backing to the club and he attended the defeat to Cardiff, his first game since September.
‘He`s put the club up for sale, it`s obviously his choice, maybe he wants his life to go in another direction.
“In terms of involvement, that will be dictated with Steve by quite a number of things, not just work-wise but with everything that he does, and he does a lot of charity work.’ Jackett told the Express & Star.
He continued: ‘He`s a very busy man. He`s very much still involved. There`s no decisions made without him, he is still the owner.
‘You look at Bolton`s troubles where they`re struggling financially. Steve is still supporting our club.”
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