Leader of Wolverhampton City Council and Wolves season ticket holder Councillor Roger Lawrence paid this tribute to the club's life president:
"I pass on my heartfelt condolences to the family and friends of Sir Jack Hayward. He was a great character who will be sadly missed. Sir Jack made a major contribution to saving Wolverhampton Wanderers from their darkest days and through his ownership the club returned to the Premiership.
"Through his philanthropy, he did so much for other causes close to his heart - such as buying and saving the SS Great Britain and Lundy Island. He was knighted in 1986 and made a Freeman of Wolverhampton, his beloved home town, in 2003. We also named Sir Jack Hayward Way in his honour for his 80th birthday. He lived to a very good age and during his long life he never forgot his roots or Wolverhampton despite all his wealth and success."
The flag outside the Civic Centre has been lowered to half mast.
Wolves have also paid tribute to Sir Jack on their website.
- released: Wednesday 14 January, 2015