Souness submits written Wolves bid

A consortium headed by Graeme Souness has made a written offer for Coca-Cola Championship side Wolves.

The former Rangers, Liverpool and Newcastle manager is part of a group looking to complete a buy-out of the Black Country club, and has now put that intention in writing.

A statement released by Souness and his partners said: “Following my verbal offer myself and partners – all of whom are UK-born and based – have made a written offer which is being considered.

“Both parties have agreed to keep details of these negotiations confidential.”