Steve Morgan still in charge at Wolves

Owner Steve Morgan is in 'constant contact' with the Wolves hierarchy and will not let the club be weakened while he looks to sell up, boss Kenny Jackett believes.

Morgan hasn't been to a Wolves match since his shock decision to resign as chairman and put the club up for sale in late September.

But Jackett suggested that his commitment to Wolves is still strong – and he won't risk the club's future.

The head coach said: "I've got every confidence he won't let it go.I don't think he'll let the club fall away, I really don't.

"He'll want the best for the club, but he has to work that in with what offers he gets and what price he takes, which ultimately he's got the bottom line for.

"He'll keep funding and supporting and, for us internally, it's our job to work as hard as we possibly can to close the gap between ourselves and the top sides."

While Morgan will still finance Wolves, it's unclear as to whether any extra money will be pumped in to fund transfers.

The kind of names Wolves have been linked with during the January transfer window so far suggest they're looking at bargains, rather than splashing the cash.

Jackett added: "Ultimately, it's Steve's decision how much money he puts in, at what point does he sell – obviously he needs someone to sell to as well.

"What the circumstances are regarding the sale, there's only really him who can answer that.

"There is an overall situation with Steve Morgan of how much can he put in to keep it going until such time as the club is sold.

"The club is up for sale and yes, there is an overall effect, there has to be."

Morgan attended almost every Wolves game, home and away, before revealing he was going to sell up.

But, despite his absence at matches, Jackett insists nothing much else had changed as far as Morgan's involvement went.

The Wolves boss said: "He hasn't been to any of the games. He works very hard at his business. The first two years (of Jackett's tenure) he didn't come down very much.

"All of the contact has been on the phone, to me and the people I work for, he's still been constantly in touch on the phone, which is how it's been anyway.

"Generally, he's a busy man and he tells me he works away to be able to pay for everything down here."