Wolves for sale: Thousands welcome Steve Morgan decision

Fans have backed Steve Morgan's shock decision to sell Wolves – amid suggestions of the now former chairman being embroiled in an angry spat with supporters.

Morgan was said to have been confronted before Wolves' game at Deepdale against Preston on Saturday.

The 62-year-old has left Wolves with immediate effect, putting his 100 per cent shareholding in the club up for sale.

Chief executive Jez Moxey will run the club in Morgan's absence, along with the rest of the board, but Wolves insisted Morgan would continue to financially back the club until a new owner was found.

Sixty per cent of almost 7,000 voters welcomed the news in an Express & Star poll. Morgan, famous for his impulsiveness, always maintained he would leave Wolves if he was not wanted.

And he was said to have been embroiled in a bitter spat with fans just three days before announcing his departure.

Wolves fan Rob Cartwright, from Worcestershire, spoke to a steward at Deepdale about the incident Mr Cartwright said: "The Preston steward said to me, 'Your owner's just arrived, he was parking up and a few fans had a go at him about lack of investment.

"He wound his window down and was having a shouting match through he window and shouted at the fans 'how much ******* money do you want me to spend?"

Morgan famously confronted protesting fans after a home defeat to Blackburn in 2012, a match in which a banner reading 'Scouse Mafia Out' had been unfurled in the South Bank at Molineux.

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Of Morgan's departure, Wolves supporter Mr Cartwright added: "I feel very let down because, actually, have we progressed under him?

"As for the team, we haven't progressed enough. And since January this year, when we were in a great position on the pitch, he lost his bottle and his desire."

Fans besieged the Express & Star website last night to comment on the shock announcement, which was made at 5.10pm yesterday.

Comments were generally split. Wolves fan Charlie said: "The transfer dealings and some of the PR coming out of the club made me feel we were in a holding pattern. This announcement now makes sense of that. It will be interesting to see how this plays out. For my part, Morgan has done a good job overall making sure we stay alive and achieve a sound financial footing."

Charles Ross, who edited the Wolves fanzine A Load Of Bull for 20 years, said the sale was 'very, very strange'. I think most Wolves fans will have the question: Why? And followed very quickly after that: Why now?"

"Wolves really need to go up, and go up this season, and that is now looking improbable.

"In fairness it may be something personal, his private life or health, it may be a very good reason we don't know about. But in the absence of knowing anything like that, for the club to say it is business as usual, it can't be. Not for Kenny Jackett, not for the players, not for the club, and not for the fans."