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Have been taken over ...
From BBC
From BBC
Steve Morgan, who tried to buy hometown club Liverpool in 2004, has taken over at Wolves after buying 100 per cent of president Sir Jack Hayward's shares.
Millionaire Morgan, who made his fortune after launching building firm Redrow, failed on two occasions in 2004 to buy Liverpool, where he held shares.
His first bid fell through when he said the club needed to "come clean" about the cost of their new stadium.
His second collapsed when he "lost patience" with the Anfield board.
Despite Morgan's occasionally stormy relationship with Liverpool's directors, he has always retained a strong interest in football, and in 2006 he lent £2.5m to Wrexham as part of that club's efforts to come out of administration.
That loan to Wrexham almost did not happen when it emerged that Morgan could not be owed money by one club and sit on the board of another - meaning he could only do the deal if he accepted he would not become a director of Liverpool.
It is not clear at this stage whether he has not cancelled his links with Wrexham in order to be a director at Wolves.
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