Wolves chairman Jeff Shi admits Fosun were aiming to buy West Brom before super Jorge Mendes intervened.

Shi made the revelation in the new book, 'Revolution Of Wolves: A Premier League Trilogy 2003-2023'.

"Fosun was an investment fund for so many different industries and [in 2014] I was appointed as a managing director of investment in charge of the internet industry," Shi explains.

“Fosun was also looking at some new areas to explore and sports was one of them.

“They asked me in my spare time to lead a small team of one or two guys to have a look and see what was around.

“We looked at many different sports, agencies, clubs, media companies, sports apparel, all these kinds of things.

“We were not initially keen to find a club.

“Then Jorge [Mendes] called me one day and said there may be a chance of getting into Wolves, but before that I had received another call saying there may be a chance to get into West Bromwich Albion, as their owner was looking to sell the club.

“I flew over here and had talks with Jeremy Peace [Albion's chairman] but the deal failed because we thought the price was not right.

“It was £200million for a team that would find it very hard to stay up in the Premier League. You can pay £200m but you still have to find another £100m to buy players.

“When we spoke with West Brom I met Nuno [Espirito Santo] once in a restaurant to talk about the chance of taking him there.

“Jorge then said to us, 'Jeff if you are talking with West Brom why aren't you talking with other clubs?' so I agreed and it went from there."