As featured on NewsNow: Football news

Wolves chairman Jeff Shi confirms they're seeking new investment

Wolves chairman Jeff Shi says the club are seeking money from investors.

Chinese group, Fosun International, bought Wolves in 2016 for £45m and have invested huge funds to take the club from the Championship to the Premier League.

After qualifying for the Europa League this season, Shi says Wolves want to continue improving.

"We welcome any new partnership, new funding, new sponsorship to help us, to grow together with us," he told China Global Television Network.

"And to push the club to a high level in the future."

Shi added that Wolves that the club hope to redevelop Molineux over the next three to four years in order to expand the capacity to 46,000.

Video of the day:

About the author

Paul Vegas

×

Subscribe and go ad-free

For only $10 a year

  1. Go Ad-Free
  2. Faster site experience
  3. Support great writing
  4. Subscribe now
Launch Offer: 2 months free
×

Subscribe and go ad-free

For only $10 a year

Subscribe now
Launch Offer: 2 months free