Fosun seeking new investors
Wolves owners Fosun are looking to raise around £80million to boost investment in the club.
The cash would also be used to expand the Esports ventures of Fosun Sports Group, the division of the Chinese firm of which Wolves is the biggest part.
Fosun previously secured outside investment in 2021 when Chicago-based company PEAK6 purchased a minority stake in the group.
They are now seeking a fresh capital injection, though the specific amount they wish to raise has not yet been decided, according to reports which emerged yesterday.
