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Wolves’ “Legacy” Is The Jewel In Fosun’s Crown – “It’s Not Something We Buy & Sell”

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Wolverhampton Wanderers’ executive chairman Jeff Shi has certainly been saying all the right things in interviews this week following another stellar season at the Molineux.

A seventh placed Premier League finish in our first year back after Championship title winning promotion and an FA Cup semi-final run. There was also the potential for European football with all eyes on Saturday evening’s FA Cup Final clash between Manchester City and Watford.

Six goals later, and we were!

Plenty of fans would’ve taken that at the start of the season and in an interview with the E&S last week, Shi insisted that although Wolves isn’t the bigger asset or profit in Fosun multi-billion pound business, it was special and Guo Guangchang would be backing us ‘forever’.

“I think we can see that football is special. Fosun can have many assets in the portfolio and some of them are much bigger than Wolves, but you see Wolves can give Fosun a lot of marketing exposure to the media and public. Football is a special thing, and it’s special for us. We had a discussion with chairman Guo and I asked him, ‘if Wolves win everything in the world, will you sell it at a good price?’ He said ‘No, I will keep Wolves in Fosun forever.’ Now it looks like Wolves will be becoming a kind of legacy for the Fosun group, so it’s not like something we buy and sell.”

Adding.

“In Fosun, we have some assets maybe where we’ll buy and sell, but some assets are very crucial assets which we’ll keep forever. I think Wolves now is in the group where we will keep it forever. So, if we keep it forever, it means we’ll try to keep investing, try to make the club better and better in the future. Also, our aim will not change, because if you want to keep it forever, you have to help the club to be the best. So that’s what my view is from the group and I think that won’t change. Maybe at the beginning we just bought the club and we have a test of what will happen, but now I am sure it’s so important to us.”

With plenty of love in the fanbase for our owners already given they have put their money where their mouths are, I can only imagine fans will be even more impressed, even if it is a bit fluffy.

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