Wolves and The Money Shop team up to give students advice
Wolves and their shirt sponsors The Money Shop are teaming up with a financial advice charity to deliver workshops in Wolverhampton's schools.
The payday loans firm will fund the new project to the tune of £120,000 over a three-year period.
The Money Charity – which is independent to the The Money Shop – will lead the programme in conjunction with Wolves Community Trust and Wolverhampton council.
Workshops will take place at a total of 28 schools in the city.
They will feature a series of activities designed to show the importance of money management and budgeting to help young people prepare for adult life.
The Money Charity is the UK's only dedicated financial capability charity and delivers workshops to schools and colleges all over the country.
Stuart Howard, CEO of The Money Shop, said: "As a financial services provider, we are very invested in encouraging financial responsibility at all stages of life, and our partnership with The Money Charity and Wolves is crucial in this.
"We wish the charity and the Trust the very best of luck."
Wolves announced The Money Shop as the club's official sponsor in April last year which sparked a backlash from fans.
Thousands signed a petition calling on Wolves to reconsider the move and MPs and city councillors wrote to the club stating their opposition.
Wolves defended their decision and said The Money Shop intended to work with the club on a number of fan and community projects.
Speaking about the latest project, Wolves Managing Director Laurie Dalrymple said: "We said at the time of announcing the sponsorship deal with The Money Shop that there would be a joint initiative with Wolves Community Trust to deliver important financial education to young people in Wolverhampton.
"The Money Charity has two new workshop consultants appointed to deliver the programme, and the Trust has been liaising with the Education Authority to select the schools.
"We are appreciative to The Money Shop for this additional investment to fund this project, and also The Money Charity for helping us deliver such valuable advice and guidance."
Mr Howard, from The Money Shop, added: "We're so honoured to be able to continue to support the incredible work that The Money Charity does for young people across the country, and we are grateful to Wolves Community Trust who are helping to deliver this fantastic initiative in schools.
"We are delighted to be able to kick-start this project so soon after we pledged to do so."
