Wolves owners Fosun have committed their future to the club and now harbour ambitions of expanding their sports empire.
Fosun are a Chinese investment company with almost £86bn worth of assets under management, according to Forbes.
They bought into Wolves in 2016 at the height of China’s football boom, where the state was actively encouraging pumping money into the sport.
They were promoted to the Premier League two years later and then enjoyed two successive 7th-places and a European campaign.
However, two summers of heavy sales had led some to speculate that Fosun were losing interest in the club, especially given that China has reversed its policy on football investment in recent years.
But Wolves chairman Jeff Shi has now said that Fosun remain dedicated to Wolves and are seeking minority investment in the club.
And the latest news from Fosun HQ gives some indication as to how the owners may reinvest that capital.
Wolves and Fosun’s investment plans
It has been known for some time that Wolves are seeking minority investment, but Shi has now confirmed that the club are now in talks with investors.
