Blog Post: Jeff Shi Breaks Silence as Fosun Face Wolves Takeover Battle
At Wolverhampton Wanderers, the storm clouds have never felt heavier.
As chairman of Fosun International, I have witnessed both the rise and the current fall of this historic club. From Premier League promotion to European nights, we built something that made Molineux proud. But football is unforgiving—and this season, reality has struck hard.
With Wolves sitting at the bottom of the table and staring at relegation, the pressure has intensified beyond anything we’ve faced before.
In recent weeks, discussions have emerged involving Roman Abramovich, a figure no stranger to reviving struggling clubs. His interest in Wolves has sparked internal debate within Fosun—whether to fight on or pass the torch.
Let me be clear: this is not just a financial decision. This is about identity, legacy, and responsibility.
We have resisted offers before. Fosun made it known Wolves were not for sale despite external bids during this difficult period. But when a figure like Abramovich enters the conversation, promising immediate investment and a swift return to the Premier League, it forces reflection.
Abramovich reportedly believes Wolves can bounce back within a year—rebuilding, restructuring, and restoring pride at Molineux. And while that ambition is admirable, it is also a challenge to everything we have stood for.
As for me, I have already stepped back from operational duties amid this difficult campaign, a decision shaped by results and the voices of our supporters.
Relegation may come. That is the harsh truth.
But whether under Fosun or new ownership, one thing must remain unchanged: Wolves will rise again.
Because clubs like this don’t disappear—they rebuild, stronger, louder, and hungrier.
