Morgan is businessman first, football fan second

After more than three years of trying, Steve Morgan finally has his hands on one of English football’s biggest clubs.

Rather than being handed the reins to his beloved Liverpool, the millionaire businessman has somehow wound up at the helm of Wolverhampton Wanderers.

In fact, his purchase of the club is somewhat at odds with the philosophy he espoused while attempting to fight off outside investment at Anfield and buy out former Reds chairman David Moores.

“I believe the future of Liverpool football club is best served by the people who love the club the most – its supporters, of whom I am proud to be one,” he said prior to Moores’ decision to sell up to American tycoons George Gillett and Tom Hicks.

Morgan’s Molineux move is therefore very much one of ’gamekeeper turned poacher’, especially when considering he has acquired the club for a just £10 (€14.6).

The purchase also appears to indicate that, despite his pronouncements to the contrary, he is businessman first, football fan second.

While Wolves president Jack Hayward was the original Roman Abramovich, ploughing vast amounts of his personal fortune into his boyhood idols, Morgan is likely to run a much tighter ship.

Despite being ranked 177th in the Times Rich List, with a personal fortune of £450m (€650m), he was not considered to possess the financial clout to help Liverpool overhaul mega-bucks Chelsea and Manchester United at the top of the Barclays Premiership.

Indeed, he has even claimed he is “no Roman Abramovich”.

However, that is not to say success will not follow at Wolves – far from it.