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."
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