da gbg bet： This article is part of Football FanCast’s Pundit View series, which provides opinion and analysis on recent quotes from journalists, pundits, players and managers…
da roleta： Wolves owners Fosun International have decided they may well sell a stake in the club as it gauges the market for a potential public listing in the future.
And their latest comments only go to show just how far the club has come under their control.
What have they said?
It is thought that this move, which has been going on for several months without attracting a suitor, is to determine how such an offering would be received if the club were to go public with their ownership.
A recent upturn in financials is expected to tempt investors further after the club recorded approximately £20m profit last term – that was no doubt aided by Nuno Santo’s men finishing seventh in the Premier League at the first opportunity.
Speaking to the Financial Times, club chairman Jeff Shi said:
“It’s more to test the market, to see the value of Wolves. It’s more about getting the right partner with strategic connections.
“We are not just trying to sell the shares to anybody, we are very picky. We are doing it slowly.
“When we won the Championship, Wolves was not strong enough to be independent and we could only depend on our parent group.
“But now we are much stronger. Now is not the time to always get funding from Fosun.”
Measure of success
Fosun only paid £45m for the west Midlands club back in the summer of 2016, and since then, they have guided the club through Championship glory and now onto the European stage, which should help with their desire to attract new investment.
Wolves is now valued at around £350m, over a sevenfold increase in the space of just three years. Phenomenal.
The report suggests that the selling stake would be worth between £50m and £100m, which is only going to boost their coffers even more.
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But it is also a sign that Fosun will decrease their own investments having paid out over £75m interest-free over the past few years.
Either way, Wolves have been transformed from your ordinary Championship club to a potential world-recognised outfit, that’s if Fosun can fully set this next stage of their plan in motion.
Achieving a place in the Europa League has certainly helped their cause for the time being as well.