According to breaking reports from Sky Sports, a stunning new chapter may be unfolding at Molineux as a Saudi Prince has reportedly completed a monumental €1 billion takeover of Wolverhampton Wanderers. The development marks what could be one of the most dramatic ownership changes in Premier League history, signaling a bold new era for the West Midlands club.
Fosun Group, the long-time majority shareholder, is said to have agreed to sell its entire stake, ending a memorable period that delivered European nights, marquee signings, and a modernised institutional structure. In addition, the Family Trust (25.1%) and minority shareholder J. Albert Smith (8%) will also relinquish their holdings, ensuring the Saudi consortium assumes full control.
Early indications suggest that the new ownership aims to take charge officially on August 12, 2026, the expected arrival date of the Prince in Wolverhampton to finalise transition procedures and unveil his long-term vision for the club.
Fans across the Wolves community are already buzzing with anticipation. Hopes are high for renewed financial power, ambitious recruitment, and a strategic rebuild that could re-establish Wolves among England’s elite. While details are still emerging, one thing feels certain: Molineux is preparing for a seismic, era-defining transformation.










