Fosun remain committed to Wolves despite the company shedding business interests, the Express..
Executive Chairman Jeff Shi (right) and owner of Wolves Guo Guangchang at Molineux
The Chinese group is moving to ‘hasten its exits from non-core businesses’ to lower debt and become more sustainable, according to reports in China.
As a result, a number of Wolves fans have become concerned over Wolves’ future with their overseas owners, who bought the club in 2016 for £30million and have helped propel them into the Premier League and, previously, the Europa League.
However, the Express & Star understands that Wolves and subsidiary company Fosun Sports remain a key part of the Fosun International.
E-sports and other Wolves-related endeavours, including fashion, come under the Fosun Sports umbrella, while in 2021 Fosun Sports invested in North American E-sports brand Evil Geniuses and later that year they received investment from U.S. finance and technology firm,
Matheus Cunha is expected to make his return to the Wolves squad as they face Burnley tomorrow night.
On the back of a West Midlands derby loss to Villa, Wolves have been handed a major boost by the return of the Brazilian international.
The forward was close to being included at Villa and barring any setbacks in training, he will make the squad tomorrow just seven weeks after a significant hamstring injury.
“I think we’ll see him on Tuesday and he’ll definitely be in the match day squad,” O’Neil said.
“He was knocking my door down to be involved in the Aston Villa game, but we had to make sure it was right for him.
“We’ve had some setbacks already this season from injuries. You have medical information that tells us he shouldn’t quite be ready yet and then we have Matheus Cunha who looks ready and tells me he’s ready.
