What future for Fosun at Wolves? – Athleticism


On the eve of their fourth Premier League season, Wolves sit sixth in the table. It’s a position they’re used to, having twice finished seventh in 2019 and 2020.

They were also sixth in November last season when Raul Jimenez suffered his late-season injury, before dropping to 13th place without him.

With Jimenez now at his best, they occupy a place that would bring them back to Europe (no coincidence). But what is the club’s ambition this season? How desperate are the Fosun owners to reach Europe again or fight for a trophy? And what is the big goal; what do wolves ultimately seek to become under their Chinese owners?

Athletic looked at Fosun’s five years at the helm this summer, but as it was more of a reflection – and with several developments since then – it’s a subject worth revisiting as the club looks at the next five years.

The club’s philosophy has changed since Fosun arrived with the biggest of big speeches, wanting to equal Manchester City within 10 years.

Ambitions, certainly in terms of timing, have been scaled back with a realization, perhaps hampered by financial fair play, that Wolves can’t just make their way to the top, which isn’t exactly. Fosun’s mantra anyway.

While Wolves spent big in their first three seasons on Fosun, net transfer spending has now declined with cash flow during a pandemic on the same lines.


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