Formed asSt. Luke's F.C. in 1877, the club changed name to Wolverhampton Wanderers two years later and became one of the founding members of theFootball League in1888. They won theFA Cup for the first time in1893, and again as aSecond Division team in1908 following the club's relegation two years previously. They fell to the third tier in 1923, but went on to win theThird Division North in 1923–24 and the Second Division in1931–32. The team was crownedEnglish League champions three times – in1953–54,1957–58 and1958–59 – all under the management ofStan Cullis. Wolves also won another two FA Cup finals, in1949 and1960. Relegated in 1965, after 26 consecutive seasons in the top flight, they secured promotion back to the First Division in1966–67. Wolves won theLeague Cup in1974 and1980, and again won the Second Division title in1976–77.
Wolves suffered a financial crisis during theearly-1980s recession that led to the club coming close toliquidation in 1982. In the five seasons between1981–82 and1985–86 Wolves were relegated four times (although there was also one promotion in1982–83), meaning the club ended up in what was then theFootball League Fourth Division (nowEFL League Two) for the first (and so far only) time in the club's history. However, the club immediately started a swift turn-around, and having been beaten in the inaugural Football League play-off final in1987, Wolves won theFourth Division andFootball League Trophy titles in1987–88, followed by theThird Division title in1988–89.
After fourteen seasons in the second tier between 1989 and 2003, Wolves reached thePremier League, founded in 1992, for the first time with victory in the2003 play-offs, though they were relegated after a single season in the top division on this occasion. Wolves won theChampionship in 2008–09 to return to the Premier League, but endured relegation in2011–12, followed by relegation again (toEFL League One) in2012–13. The club then returned to the Premier League after first winning theLeague One title in 2013–14, followed by another Championship title in 2017–18.
After becoming one of the first British clubs to installfloodlights at its home ground in 1953, Wolves arranged televised "floodlit friendlies" against leading overseas club sides between 1953 and 1956, which were instrumental in the launch of theEuropean Cup (now known as the UEFA Champions League) in1955. Wolves reached the quarter-finals of the competition in1959–60 as well as the semi-finals of the1960–61 European Cup Winners' Cup and theinaugural UEFA Cup Final in 1972. Following a 39-year absence from UEFA competitions, they reached theUEFA Europa League quarter-finals in 2020.
In the 2000 edition ofThe Rough Guide to English Football, the history section on the Wolves page begins: "The very name Wolves thunders from the pages of English football history".[4] As with several other clubs,Everton for example, Wolves had humble beginnings shaped by the twin influences ofcricket and thechurch. The club was founded in 1877 as St. Luke's F.C. by John Baynton andJohn Brodie, two pupils of St Luke's Church School inBlakenhall, who had been presented with a football by their headmaster Harry Barcroft.[5] The team played its first game on 13 January 1877 against a reserve side fromStafford Road, later merging with the football section of a local cricket club called Blakenhall Wanderers to formWolverhampton Wanderers in August 1879.[4][5] Having initially played on two strips of land in the town, they relocated to a more substantial venue onDudley Road in 1881, before lifting their first trophy in 1884 when they won the Wrekin Cup, during a season in which they played their firstFA Cup tie.[5] Having become professional, the club were nominated to become one of the twelve founder members of theFootball League in 1888,[6] in which they played in the first round of Football League fixtures ever staged, againstAston Villa on 8 September 1888.[7] They ended the inaugural season in third place, as well as reaching theirfirst FA Cup Final, losing 0–3 to the first"Double" winners,Preston North End. At the conclusion of the campaign the club relocated for a final time when they moved toMolineux, then a pleasure park known as the Molineux Grounds.[5]
Wolves lifted the FA Cup for the first time in1893 when they beatEverton 1–0, and made a thirdFA Cup Final appearance in 1896. The club added a second FA Cup Final triumph (a 3–1 win againstNewcastle United) to their 1893 success in1908, two years after having dropped into theSecond Division for the first time. After struggling during the years either side of the First World War to regain their place in the top division (a period that was punctuated by anotherFA Cup Final appearance in 1921), the club suffered afurther relegation in 1923, entering theThird Division (North), which theywon at the first attempt. Eight years after returning to the Second Division, Wolves regained their top-flight status asSecond Division Champions underMajor Frank Buckley after twenty-six years away. With Buckley at the helm the team became established as one of the leading club sides in England in the years leading up to the Second World War, as they finished runners-up in the league twice in succession (1937–38 &1938–39), as well as reaching thelast pre-war FA Cup Final, in which they suffered a shock defeat toPortsmouth.[8][9][10] In1937–38 Wolves came within a whisker of winning the club's first English league title: a win in the side's last game away toSunderland would have clinched things, but in the event Wolves lost 0–1 and thus ended the campaign one point behind the eventual champions,Arsenal.[11] One of the things Major Buckley and his Wolves side attracted a lot of attention for in the last two full seasons prior to the suspension of league football during the Second World War was Buckley's insistence that his players be injected with monkey gland extract to enhance their stamina and performance, a practice that the Football League disapproved of but did not prohibit.[12]
When league football resumed after the Second World War, Wolves suffered yet another final day failure in the First Division. Just as in 1938, victory in their last match would have won the title but a 2–1 loss to title rivalsLiverpool meant that Liverpool were crowned champions instead.[13] This game had been the last in a Wolves shirt forStan Cullis, and a year later he became manager of the club. In Cullis's first season in charge, he led Wolves to a first major honour in 41 years as they beatLeicester City to lift theFA Cup, and a year later,only goal average prevented Wolves winning the league title.[14][15]
The 1950s were by far the most successful period in the club's history.[16] Captained byBilly Wright, Wolves finally claimed the league championship for the first time in1953–54, overhaulinglocal rivalsWest Bromwich Albion late in the season. Two further titles were soon won in successive years (1957–58 and1958–59), as Wolves vied withManchester United to be acknowledged the premier team in English football at that juncture. Wolves were renowned both for the club's domestic success and for the staging of high-profile "floodlit friendlies" against other top club sides from around the world.[17] Wolves had become one of the first club sides in Britain to invest in floodlighting in 1953 at a cost of £10,000[18] (equivalent to £400,000 in 2023). Perhapsthe most famed of these friendlies saw Wolves defeat aHonvéd side including many members of theHungarian national team that had recently humbledEngland twice, leading the national media to proclaim Wolves "Champions of the World".[19] This became the final spur forGabriel Hanot, the editor ofL'Équipe, to proposethe creation of the European Cup (later rebranded as theUEFA Champions League). Wolves were one of the first British clubs to participate.[19] In the 1957–58 season, Wolves defeatedReal Madrid 5–4 (3–2 in Wolverhampton and 2–2 in Madrid) in home and away friendlies.[20]
The 1960s began witha fourth FA Cup victory and Wolves almost achieved thefirst League and FA Cup 'double' of the 20th century in English football. They were pipped to the league title by a point on the final day of the season byBurnley. Despite that bright start to the decade, the 1960s saw Wolves begin to decline. After finishing asleague runners-up in 1959–60 and a creditable third-place league finish inTottenham Hotspur's'double'-winning season, the team faded and Cullis himself was dismissed after sixteen years in post in September 1964 after a disastrous start to the1964–65 season.[16] Cullis's dismissal did not prevent the season ending with relegation (the first time Wolves had known relegation since1922–23) and the club's first spell outside the top division since 1932. Exile from the top flight lasted only two seasons however, as Wolves werepromoted in 1967 as Second Division runners-up.[21]
During the close season in 1967, Wolves played a mini-season in North America as part of the fledglingUnited Soccer Association league which imported clubs from Europe and South America. Playing as the "Los Angeles Wolves", they won the Western Division and ultimately the championship by defeating the Eastern Division championsWashington Whips (import ofAberdeen) in a final decider.[22]
The multi-million pound rebuilding of the Molineux Street Stand in 1979 was the catalyst for the club's near-financial ruin during the next decade. Plunging match attendances in the early 1980s,[27] at least partly due torecession in both the national and local economies, and consequent difficulties in repaying the loans taken out to fund the new John Ireland Stand, led the club toreceivership and relegation in 1982. The club was saved from liquidation at the last minute when it was purchased by a consortium fronted by former playerDerek Dougan.[28] The takeover, financed by two Saudi brothers, Mahmud and Mohammad Bhatti of the company Allied Properties,[29] brought immediatepromotion back to the First Division under managerGraham Hawkins, but the Bhattis' failure to invest sufficiently in the club soon saw things unravel, and the team suffered three consecutive relegations through the football divisions under different managers,[30] as well as the almost-constant threat of the club being wound-up.[31][32]
In 1986, with the club again in receivership, a deal sawWolverhampton City Council purchase the stadium and surrounding land, while a local developer paid off the club's outstanding debts in return for planning permission to develop the land adjacent to the stadium.[33] The 1986–87 season saw Wolves' first campaign in the Fourth Division where, with the guidance of new managerGraham Turner, and goals fromSteve Bull, who ultimately scored a club record 306 goals,[34] the team reachedthe final of the inaugural play-offs but were denied promotion byAldershot. Building on that, in the next two seasons the team achieved both theFourth andThird Division championships, and won the1988 Football League Trophy Final atWembley.
Lifelong fanJack Hayward purchased the club in 1990 and immediately funded the extensive redevelopment of a by then dilapidated Molineux into a modern all-seater stadium.[35] With work completed in 1993, Hayward redirected his investment onto the playing side in an attempt to win promotion to the newly formedPremier League. Despite substantial spending, neitherGraham Taylor norMark McGhee could fulfil this, both managers leading the team to play-off defeats at the semi-final stages in1995 and1997 respectively. It was not until 2003 that Wolves were promoted, when they defeatedSheffield United 3–0 inthe play-off final underDave Jones to end a 19-year absence from the top level.[36] Their stay proved short-lived however as they were immediately relegated back to the newly retitledEFL Championship.
Promotion, relegations and turbulent times (2007–2016)
After former England managerGlenn Hoddle failed to bring a swift return to the Premier League, the rebuilding of the squad byMick McCarthy rejuvenated the club with an unexpectedplay-off finish.[37] The club was bought from Sir Jack Hayward bySteve Morgan in 2007[38] and two years later the team returned to the Premier League as2008–09 Football League Championship title winners.[39] Wolves successfully battled relegation for two seasons before McCarthy's dismissal in the 2011–12 season,[40] which precipitated relegation under his former assistantTerry Connor, who was promoted to replace McCarthy.[41]
Following relegation, NorwegianStåle Solbakken became the club's first overseas manager[42] but his tenure lasted only six months before a poor run of results saw him replaced byDean Saunders in January 2013.[43][44] Saunders failed to bring any upturn, culminating in both the club's relegation toEFL League One, a level the club had not played at since 1989, and Saunders's own dismissal.[45][46] Following this,Kenny Jackett was appointed in May 2013 in the retitled position of head coach,[47] and led the team back to the EFL Championship in his first season, setting a new club record points total of 103 which at the time was also an all-time record for the most points accumulated by any team during a Tier 3 season, until the2024-25 EFL League One season when local rivalsBirmingham City managed to achieve a points total of 111.
Fosun era: Return to the Premier League and continental football (2016–present)
ManagerNuno Espírito Santo led Wolves back to the Premier League in 2018, and into European competition for the first time in 39 years
On 21 July 2016, Chinese investment groupFosun International bought the club's parent company, W.W. (1990) Ltd, fromSteve Morgan and his own company Bridgemere Group for a reported £45 million, withJez Moxey stepping down from his role as a CEO and replaced bymanaging director Laurie Dalrymple.[48][49] The new owners dismissed Kenny Jackett[50] and brought in former Italian internationalWalter Zenga as head coach.[51] Zenga was axed after just 14 league games andPaul Lambert appointed as his successor in November. At the end of the season, Lambert too was dismissed,[52] with formerFC Porto bossNuno Espírito Santo replacing him.[53] Under Nuno, Wolves won the2017–18 EFL Championship title and returned to the Premier League after a six-year absence.
Wolverhampton Wanderers finished 7th on theirreturn to the Premier League, their highest position in the top division since finishing 6th in1979–80,[54] earning a spot inthe qualification rounds of theUEFA Europa League, thus invoking their first continental campaign since1980–81. They lost to that season's eventual winnersSevilla 0–1 in a modified single-leg quarter-final played in a neutral venue in Germany due to theCOVID-19 pandemic in Europe.[55] Wolves replicated their previous season's 7th-place finish in the Premier League in2019–20 but with two more points and only missed out on a return to continental competition, both on goal difference andArsenal winning that season's FA Cup.
In the2020–21 season, Wolves lost strikerRaúl Jiménez to a season-ending injury (a fractured skull) in November,[56] and subsequently struggled for goals for the remainder of the campaign, finishing 13th. Espírito Santo left "by mutual consent",[57] and was replaced by formerBenfica head coachBruno Lage.[58] In2021–22, the club finished 10th. Wolves dismissed Lage on 2 October 2022 after eight games ofthe 2022–23 season with only one win and just three goals scored.[59][60] FormerReal Madrid,Spain and Sevilla managerJulen Lopetegui replaced him.[61] Despite being in 20th place in the league before his first Premier League game, Lopetegui guided Wolves to a 13th-place finish.[62] He left prior to the2023–24 season due to a dispute over limited transfer funds, and was replaced by former Bournemouth coachGary O'Neil.[63] O'Neil was sacked in December 2024 with the club in 19th position and was replaced by Portuguese managerVítor Pereira on a contract lasting until June 2026.[64] Pereira was sacked on 2 November 2025 after failing to win any of his first 10 games and the club sitting bottom of the league table. Rob Edwards was appointed coach on 12 November 2025.[65]
The club's traditional colours of gold and black allude tothe city council's motto "out of darkness cometh light" with the two colours representing light and darkness respectively.[66] Although the team's original colours upon formation were red and white, adopted from the school colours of St Lukes, for much of their history their home colours have been their distinctive old gold shirts with black shorts.[67]
In the early decades of the club a variety of shirt designs using these colours were created, including stripes and diagonal halves, until the continual usage of a plain shirt design since the 1930s.[68] Before the 1960s a darker shade of gold was used,[69] known as "old gold", which is still often cited in the media as the club's colour.[70][71]
City coat of arms.
Like most English teams, their earliest shirts usually only featured a badge on special occasions such as cup finals.[68] The first such badge to be worn on Wolves shirts was the coat of arms of theCounty Borough of Wolverhampton.[68] In the late 1960s, Wolves introduced their own club badge that appeared on their shirts consisting of a single leaping wolf, which later became three leaping wolves in the mid-1970s. Since 1979 the badge has consisted of a single "wolf head" design; the current badge was last redesigned in 2002.[68][72]
In May 2019, the club won a legal challenge by Peter Davies, a 71 year old retired building industry manager, who claimed he drew the wolf head motif as a schoolboy in the 1960s and entered it in an art competition. Mr Davies said he came up with the angular design after a teacher asked him to demonstrate an understanding ofBlaise Pascal's Hexagrammum Mysticum Theorem, and entered it in an art competition advertised in the Express and Star newspaper. Mr Davies had made a copyright claim and wanted compensation. Mr Davies lost his copyright infringement claim and now faces legal fees and costs estimated to be about £450,000.[73]
Wolves' traditional away colours have been all-white, but recent decades have seen a variety of colours used, including black, blue, teal, purple and maroon.[68]
When first founded the club used a field on Goldthorn Hill in theBlakenhall area as its home, which could accommodate some 2,000 spectators.[5] In 1879 they relocated to John Harper's Field on Lower Villiers Street where they remained for two years before a short move toDudley Road, with the new ground situated opposite the Fighting Cocks Inn.[5] It was here that they played their firstFA Cup tie in 1883 and their first Football League fixture in September 1888. Although the site could only hold 2,500 spectators at first it was eventually developed to be capable of 10,000.[5]
In the summer of 1889 the club moved to its permanent home ever since,Molineux, in theWhitmore Reans area of the city. The stadium name originates from theMolineux House built in the area by Benjamin Molineux, a local merchant, in the 18th century and whose grounds were later developed to include numerous public leisure facilities. When the Northampton Brewery Company purchased these grounds in 1889, they rented their use to the city's football club, who were seeking to find a home more befitting a Football League member.[5] After renovating the site, the first ever official game was staged on 7 September 1889 before a crowd of 4,000.[5] The ground was capable of hosting 20,000 spectators, although English football crowds rarely reached that number in the 19th century.[5]
Wolves bought thefreehold in 1923 and soon began a series of ground improvements under the auspices ofArchibald Leitch,[80] beginning with the construction of a major grandstand on the Waterloo Road side.[81] In 1932, the club also built a new stand on the Molineux Street side and followed this by adding a roof to the South Bank two years later; this South Bank was historically the second largest of allKop ends in the country and regularly held crowds in excess of 30,000.[82] The stadium finally now had four complete stands that would form its basis for the next half-century.
In the days before seating regulations, the ground could hold more than 60,000 spectators, with the record attendance being 61,315 for aFirst Division match againstLiverpool on 11 February 1939.[5] The 1940s and 1950s saw average attendances for seasons regularly exceed 40,000, coinciding with the club's peak on the field.[5] During this time Molineux became one of the first British grounds to install floodlights, enabling it to host a series of midweek friendlies against teams from around the globe.[81] In the days prior to the formation of theEuropean Cup and international club competitions, these games were highly prestigious and gained huge crowds and interest with theBBC often televising such events.[17][83]
When the Molineux Street Stand failed to meet new safety legislation, the club began building a new replacement stand behind the existing one on land where housing had been demolished. This new all-seater stand – named the John Ireland Stand after the then-club president – was completed in 1979 and was the first stage of a plan to rebuild the entire stadium.[81] The cost of the Ireland Stand escalated to over £2 million and plunged the club into a financial crisis. As a result, it was forced to enter receivership in 1982.[81] By the time the team dropped into theFourth Division in 1986, only the John Ireland Stand and the South Bank terrace remained in use. New safety laws were implemented following theBradford City stadium fire and these forced the closure of both the now-dilapidated North Bank and Waterloo Road Stand. The club did not have the funds necessary to rebuild them.[81]
Following the takeover of the club bySir Jack Hayward in 1990, £8.5 million of funding was made available to redevelop Molineux comprehensively.[5] Between August 1991 and December 1993 three sides of the stadium were completely rebuilt to form a 28,525 capacity all-seater stadium that complied with theTaylor Report: the Waterloo Road Stand was replaced by theBilly Wright Stand, the North Bank terrace by theStan Cullis Stand, and the South Bank terrace by the Sir Jack Hayward Stand (named the Jack Harris Stand until 2015).[5] Aside from the addition of a temporary seating area in the southwest corner used during Wolves' seasons in the Premier League;[84] this redevelopment formed the stadium for almost twenty years.
In 2010, plans were unveiled for an extensive redevelopment programme to enlarge the capacity and develop the facilities.[85] The first stage of this saw a new two-tier Stan Cullis Stand become fully operational forthe 2012–13 season, raising the current official capacity to 31,700.[86] The proposed second stage concerned the rebuilding of the oldest stand at the stadium (built in 1979 as the John Ireland Stand and renamed the Steve Bull Stand in 2003) to increase capacity to around 36,000, but this and any further work was shelved when it became likely that the club would be relegated from the Premier League in 2012.[87]
Ground redevelopments were once again placed on the agenda following the club's acquisition by Fosun in 2016. In contrast to previously mooted plans,[88] it was publicly revealed in February 2019 that future plans consisting of the demolition and full rebuild of the Steve Bull Stand, followed by the redevelopment of the Sir Jack Hayward Stand, to raise the stadium capacity to 45–46,000, were under active consideration.[89] However, in 2020 the club announced more modest plans for making gradual improvements to the stadium as the club seeks to retain its unique character, and enable prioritisation of investment in the playing side of the club.[90]
Note: Flags indicate national team as defined underFIFA eligibility rules; some limited exceptions apply. Players may hold more than one non-FIFA nationality.
Note: Flags indicate national team as defined underFIFA eligibility rules; some limited exceptions apply. Players may hold more than one non-FIFA nationality.
Wolverhampton Wanderers Under-23s are competing in Division 2 of thePremier League 2 during the current season, following relegation from the highest level after the previous season was curtailed and decided on a point-per-game basis.[98] The team qualifies as an entrant in Premier League 2 by virtue of Wolves's academy holding Category 1 status.[99] Although the league is designed for players aged 23 and below, three overage players may also feature.[99] Home games are primarily staged atKidderminster Harriers'Aggborough home.[100]
Originally founded in 1975,Wolves Women became the club's official women's team in 2008.[101] They currently play at the third level of English women's football in theFA Women's National League North.[102] Their home games are played at the New Bucks Head Ground in Telford.[103]
The club has been represented by numerous high-profile players over the years, most notablyBilly Wright, who captained England a record 90 times and was the first player to win a century of international caps,[108] as well as earning theFootballer of the Year Award (in 1952),[109] an accolade also won by Wolves half-backBill Slater in 1960.[110] In total, 36 players have won full England caps during their time with Wolves, including the club's former captainConor Coady[111] as well as the club's record goalscorerSteve Bull, who was the last of the club's England internationals to play in a major tournament.[112][113]
Andy Gray,Emlyn Hughes,Paul Ince andDenis Irwin are all previous League Championship medal winners who have also represented Wolves.Joleon Lescott went on to play for England 26 times scoring once.Robbie Keane went on to become Ireland's all-time leading goalscorer with 68 goals in 146 appearances.
TheWolverhampton Wanderers Hall of Fame has inducted the following former players:[114]
Wolves have had 32 different (permanently appointed) managers during the club's existence.[115] The first manager,George Worrall, was identified by the title of "club secretary", a post that continued until the appointment of a full-time manager in the modern sense was made in 1922.
As well as having numerous supporters' clubs across the United Kingdom,[119][120][121][122][123][124][125] Wolverhampton Wanderers also have an international support base, with supporters' clubs in Australia,[126] United States,[127] Sweden,[128] Spain, Germany,[129] Republic of Ireland,[130] Malta,[131] Iceland and Norway[132] amongst others. They have a particularly sizeable Scandinavian fanbase, due to the area's television coverage of Midlands football in the 1970s when the club were a regular top-flight team; the first English match shown live in both Sweden and Norway involved Wolves (Wolverhampton Wanderers 1–0Sunderland in theFootball League First Division on Saturday,29 November 1969).[133][134]
Wolves' longest-established and strongest rivalry is withWest Bromwich Albion, against whom the club contest theBlack Country derby. The two clubs, separated by eleven miles, have faced each other 163 times;[135] their first competitive clash being anFA Cup tie in 1886.[135] A national survey by thefootball pools found the rivalry to be the strongest in English football.[136] Both clubs are founder members of the Football League and the two once contested the league title in1953–54, with Wolves finishing as champions.[137]
Wolves also share rivalries with the two Birmingham clubs,Aston Villa andBirmingham City, against whom there have been numerous matches dating back to the 19th century.[138][139] Wolves' closest geographic rival is actuallyWalsall but, as they have rarely competed at the same level,[140] it is of less significance. As Wolverhampton historically sat within the boundaries ofStaffordshire, a Staffordshire derby between Wolves andStoke City is also recognised.
The 2018–19 Premier League season was the first and only time ever that Wolves were the sole representatives of the West Midlands in the top flight of English football. The 2020–21 Premier League season saw Wolves play against both Aston Villa and West Bromwich Albion.[141] Since Albion's relegation at the end of that season, Aston Villa has been Wolves' only West Midlands rival in the Premier League.
During the club's peak in the 1950s, the home crowd's signature song was "The Happy Wanderer", which was a chart hit in the U.K. in 1954 when Wolves first won the league title.[142] In more recent times, "Hi Ho Silver Lining" – a 1967 rock song byJeff Beck with its chorus modified to"Hi Ho Wolverhampton!" – has become a staple feature of home games.[143] "The Liquidator" instrumental by theHarry J. Allstars was also popularly used in the stadium until a request from theWest Midlands Police to cease due to concerns that the obscene lyrics used by some fans during the chorus could incite trouble.[144][145]
The club attracted a number of hooligans in the 1960s. During the late 1970s and early 1980s, ahooligan firm named "The Subway Army" would often ambush fans in thesubway adjacent to the ground. The group was gradually broken up and virtually ceased to exist due to a large number of arrests – many as part of the police's nationwide "Operation GROWTH" (or "Get Rid of Wolverhampton's Troublesome Hooligans") in the late 1980s.[146]
The club invites interaction with its supporters and has a Fans' Parliament, at which independently selected candidates meet with club officials discuss issues relating to the club.[147] An independentfanzine named "A Load of Bull" (ALOB), in part a reference to leading goalscorerSteve Bull, published supporters' views between 1989 and 2012.[148][149]
The club is owned by the Chinese conglomerate groupFosun International, which purchased the parent company of the club, W.W. (1990) Ltd., on 21 July 2016 for a reported £45 million from previous ownerSteve Morgan and his company Bridgemere Group.[150][151] In the last published accounts of Wolves' group parent company (covering the 2018–19 Premier League season), a pre-tax profit of just under £20 million was recorded, with turnover for the year equalling £172.5m. £92.1 million was spent on staff wages and costs.[152][153]
Like most football clubs, significant commercial income is generated from shirt sponsorship deals.[154] Past shirt sponsorship deals were as follows:Tatung (1982–86), Benjamin Perry (1986), Staw Distribution (1986–88),Manders Paint & Ink (1988–90),Goodyear (1990–2002),Doritos (2002–04), Chaucer Consulting (2004–09),Sportingbet (2009–13),What House? (2013–15), Silverbug (2015–16),The Money Shop (2016–18), W88 (2018–19).[155] ManBetX (2019–2022),AstroPay (2022-2024)[156] and DEBET (2024-).[157]
Fosun bought Wolves from Steve Morgan, who had taken ownership in August 2007 for a nominal sum of £10 with the proviso that £30 million was injected into the club,[38] ending an almost four-year search for a new buyer.[158] Morgan oversaw nine full seasons, but placed the club on the market for new owners in September 2015.[159] Morgan had bought the club fromSir Jack Hayward, a lifelong fan of the club, who had himself purchased it in 1990 for £2.1 million.[35][160] During his tenure Sir Jack invested an estimated £50 million of his personal wealth to rebuild the club's stadium and fund new players, but the team only achieved one season in the top flight during his 17 years at the helm despite this increased spending power.[160][161]
Hayward's takeover greatly improved the club's financial health, after a turbulent 1980s in which the club twice was declared bankrupt.[28][33] In 1982 the club was "saved" from liquidation when it was purchased by two Saudi brothers, Mahmud and Mohammad Bhatti, as part of their company Allied Properties.[28] However, their failure to sufficiently invest in the club saw it face several winding-up orders as well as successive relegations through the football divisions.[30][31][32] In 1986 theofficial receiver was again called in and a deal eventually brokered forWolverhampton City Council to purchasethe club's stadium for £1.12 million, along with the surrounding land, while a local developer, Gallagher Estates, in conjunction with theAsda supermarket chain, agreed to pay off the club's outstanding debts in return for the building of an Asda superstore on land adjacent to the stadium.[5][33][81]
In the all-time table since the league's inception in 1888, Wolves sit fourth in terms of points gathered in all divisions (as of the conclusion of the 2018–19 season), with only Manchester United, Liverpool and Arsenal having accumulated more points in total.[162] Wolves were the first side to win all four divisions of the English professional game and have won every competition currently contested in English domestic football.[163]
Derek Parkin holds the record for the most first-team appearances, with 609 (501 of which were league appearances).[5] Highest goalscorer wasSteve Bull with 306 (including 250 league goals - including a record 52 in one season).[5]Billy Wright was Wolves' most capped international, winning 105 England caps while with the club.[5] Signed in August 2022 for £38 million,Matheus Nunes became Wolves' most expensive signing,[164] and became Wolves' record transfer when sold for £53 million to Manchester City in September 2023.[165]
Wolverhampton Wanderers was a founder member of the Football League in 1888. The 2024–25 season is Wolves' 126th in the Football League system. Wolves have spent 119 of their 125 completed seasons to date within the top two tiers of English football. Wolves played in the third tier on four occasions, each occasion lasting just one season; three of these seasons ended with promotion back to the second tier as Champions, and one ended in relegation to the fourth tier. The club has played two seasons in England's fourth tier (in the 1980s).
^The direct parent company of the club was W.W. (1990) Limited, which was acquired by Prestige Century Holdings Limited; Prestige Century was a subsidiary of Fosun Management Holdings Limited; Fosun Management Holdings was a subsidiary of Fosun International; Fosun International, a listed company of Hong Kong, is a subsidiary of Fosun International Holdings, which was majority owned byGuo Guangchang,Liang Xinjun andWang Qunbin
^Gary Armstrong and Dick Hobbs (1994). "Tackled from behind". In Richard Giulianotti, Norman Bonney and Mike Hepworth (ed.).Football, Violence and Social Identity. London: Routledge. pp. 196–228.ISBN0-415-09838-6.
^"Fans' Parliament". Wolverhampton Wanderers F.C.Archived from the original on 20 October 2020. Retrieved25 September 2020.
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