Souness makes Wolves bid

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The Independent Football

Graeme Souness confirmed yesterday he had offered £20m for Wolverhampton Wanderers, contradicting the club's chief executive, Jez Moxey, who claimed there had been no approach.

Moxey had dismissed as "not true" reports of interest from Souness, the former Liverpool, Rangers and Blackburn manager, who has been out of football since leaving Newcastle 13 months ago. Souness specified the sum he had put on the table and added: "I don't know why Jez Moxey is saying these things."

Souness, who met Moxey on a flight from Florida over Christmas and attended Wolves' game with Barnsley on New Year's Day, said: "I've had several conversations with Sir Jack Hayward [the Wolves' owner] and Jez Moxey. I made an offer of £20m, subject to an examination of the club's books. Jez said 'no' but it still stands." Souness said he and his unnamed partner saw the club's 'vast potential'. "I would put more money into it - if I got the opportunity," he said.

Hayward bought his hometown club in 1990, investing in the stadium and the team before announcing his willingness to relinquish control at the end of 2003.

Moxey said: "The club is not actually for sale because Sir Jack doesn't want money for it. He's interested in stepping aside if the right deal can be put together. Anyone who can meet the criteria, I'll talk to."