The UK’s Financial Conduct Authority (FCA) has cancelled the permission and withdrawn the authorisation of Wolverhampton Wanderers Football Club (1986) Limited.
The regulatory said the reason for this action was that “the Authority considers the firm is carrying on no regulated activities to which its Part 4A permission relates”.
The Authority’s action took effect on 16 August 2024.
As a consequence of this action the firm is no longer an authorised firm for the purposes of the Act and it may not carry on regulated activities which fall within the scope of the Act, the statement said.
To read the full notice on the FCA site, click here.
