Cheshire businessman Steve Morgan has completed his takeover of Wolves, bringing to an end the 17-year reign of Sir Jack Hayward.
Morgan has completed protracted negotiations for the nominal £10 purchase of
the Molineux club and a guaranteed £30million of investment.
The deal means Hayward will walk away without a penny of profit.
Morgan said: 'It is my great privilege and pleasure to succeed Sir Jack as
the owner of this famous old club and I sincerely thank him for his trust in
'We will ...