Vital Football

Latest Wolverhampton Wanderers News

Take Over Bid Accepted

Take Over Bid Accepted

The day has finally come.

Sir Jack Hayward has agreed to relinquish his hold over the club he supported as a lad, like he said he would, to a British based businessman who was prepared to offer the club a minimum of £20m to invest in the side.

Steve Morgan, the former boss of Redrow homes who has a personal wealth estimated at £423m has agreed to invest £30m, and will take control of the club for a nominal fee, subject the deal's rattification by the Hayward Family Trust trustees.

Founder of Redrow Homes in 1974, Mr Morgan ran the company until it was floated on teh stock exchange in 2000, and also invested heavilly in Hotels, eventually merging his interestes into De Ver Hotel Group.

Thanks for the memories Uncle Jack.







Click here to join in the debate on the club forum.

Writer:Stuart Smith
Date:Monday May 21 2007
Time: 1:51PM

Comments

0
£30 million.... with your current gaffer you must be favourites to go up now, ahead of Charlton I would have thought
cropped
21/05/2007 14:02:00
0
that will certainly shake things up a little , beware though as other clubs now know how much you have to spend you could easily be paying well over the odds !
dazednconfuzed
21/05/2007 14:06:00
0
Think its great news for you guys as you have a very good and young squad.If u spend your money good i caan see u winning the league.
matty17x
21/05/2007 17:01:00
Page 1/1
  1. 1

Login to post a comment

Best of Vital Network

Recent Wolves Articles

Shi - Wolves Have To Keep Costa

Often linked with an exit, Arsenal, Chelsea and Liverpool have been mentioned, Wolves chairman Jeff Shi has made it clear, confirming interest, there's no plans to sell Helder Costa.

Millwall Sign Wallace & Saville - Flatt Loan Exit

Wallace, signed from Portsmouth, and Saville, previously loaned to Millwall from Chelsea and Wolves, have joined the Lions permanently. Flatt's re-signed for Cheltenham temporarily.

FA End Betting Sponsorship

Late yesterday afternoon, the Football Association announced the result of its three month review of their relationship with gambling companies and that association now comes to an end.

Sky Confirm TV Selection Windows For 2017/18

With the release of the EFL fixture lists on Wednesday morning, Sky Sports have released their outline giving fans an idea of when television selections will be made this season.

Archived Vital Wolves Articles

Vital Wolves articles from

Site Journalists

Write for Vital Wolves
Write For Vital Wolves
Apply Here

Current Poll (see more polls)

Preston MotM
Suggested By:
Burgoyne10%
Coady2%
Batth1%
Hause1%
Silvio37%
Edwards3%
Saiss4%
Weimann1%
Enobakhare2%
Graham32%
Dicko3%
Sub-Mason1%
Sub-Bodvarsson1%
Sub-Iorfa2%
ScoopDragon Publishing Entire League Network of Sites
Write for Vital Football
Latest F1 News
Latest Vital Boxing News
The Vital Football Members League

Recent Wolves Results (view all)

Vital Football Comment