Wolves owners looking for new investment in hopes of breaking top six | OneFootball

Wolves owners Fosun International are reportedly looking to sell a 20 per cent stake in the club as part of their plans to break into the Premier League’s top six.

Fosun have invested heavily in the Black Country club since taking over in 2016 – helping to take them back into the Premier League and secure a first European campaign in over 40 years.

But the Daily Mail report that the Chinese conglomerate are hoping to take the team to the next level with some new investors.

Their story says that Wolves value the club at €400m and are hoping to sell a 20 per cent minority stake.

It’s said that any new money coming in will help bankroll their plans to revamp Molineux and helped take the capacity from 32,000 up to 50,000.

Nuno’s side host Braga in their opening Europa League group game this Thursday.