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 Post subject: 20%
 Post Posted: Sun Sep 15, 2019 10:57 am 
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Can this be true..Surely they can fund their own ambitions, for Wolves.

Fosun are believed to be open to "new" investment at Wolves.

And it is believed they are willing to sell a stake, retaining control as majority shareholders.
To give Wolves the best chance of more success, with a top-six finish an ambition of theirs.

It has been reported that Fosun value the club at £350million, and are up for selling a 20 per cent stake.

Why?

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 Post subject: Re: 20%
 Post Posted: Sun Sep 15, 2019 11:23 am 
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Because its very easy to lose hundreds of millions in football, the nature of the beast is to gamble.

Best to gamble with someone else's money.

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 Post subject: Re: 20%
 Post Posted: Sun Sep 15, 2019 1:12 pm 
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And there was me thinking that FOSUN has more money than sense. Interesting times...

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 Post subject: Re: 20%
 Post Posted: Mon Sep 16, 2019 11:34 am 
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Embers wrote:
And there was me thinking that FOSUN has more money than sense. Interesting times...


Has anyone asked Jeff what the Wolves business plan actually is.

Do Fosun wish to turn a profit, and when?

Or is this the showpiece side which builds the Fosun brand Worldwide.

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 Post subject: Re: 20%
 Post Posted: Mon Sep 16, 2019 3:38 pm 
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Scratch one's head time, where did that suddenly start from..?? Bewildering at first hearing..all was reasonably rosy in the garden and then this ekes out just before the worst performance in two seasons, very worrying as things stand.

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 Post subject: Re: 20%
 Post Posted: Mon Sep 16, 2019 3:44 pm 
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Fosun and China having a hard time at the moment, selling a stake would recoup their initial investment and a hefty profit.

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