Wolverhampton Wanderers Football Club (/ˌwʊlvərˈhæmptən/ ⓘ, commonly referred to

as Wolves,[1]) is a professional football club based in Wolverhampton, West Midlands, England. The
club competes in the Premier League, the top tier of English football. The club has played
at Molineux Stadium since moving from Dudley Road in 1889. The club's traditional kit consists
of old gold shirts and socks with black shorts. Since 1979, the kit has also featured the club's "wolf's
head" logo. Long-standing rivalries exist with other clubs from the West Midlands, including Aston
Villa, and Birmingham City but the main one being the Black Country derby contested with West
Bromwich Albion. Since 2016, the club has been owned by the Chinese conglomerate Fosun
International.
Formed as St. Luke's F.C. in 1877, the club changed name to Wolverhampton Wanderers two years
later and became one of the founding members of the Football League in 1888. They won the FA
Cup for the first time in 1893, and again as a Second Division team in 1908 following the club's
relegation two years previously. They fell to the third tier in 1923, but went on to win the Third
Division North in 1923–24 and the Second Division in 1931–32. The team was crowned English
League champions three times – in 1953–54, 1957–58 and 1958–59 – all under the management
of Stan Cullis. Wolves also won another two FA Cup finals, in 1949 and 1960. Relegated in 1965,
after 26 consecutive seasons in the top flight, they secured promotion back to the First Division
in 1966–67. Wolves won the League Cup in 1974 and 1980, and again won the Second Division title
in 1976–77.
Wolves suffered a financial crisis during the early-1980s recession that led to the club coming close
to liquidation in 1982. In the five seasons between 1981–82 and 1985–86 Wolves were relegated
four times (although there was also one promotion in 1982–83), meaning the club ended up in what
was then the Football League Fourth Division (now EFL 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 in 1987, Wolves won the Fourth
Division and Football League Trophy titles in 1987–88, followed by the Third Division title in 1988–
89.