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Friday briefing: Wolves owner looking for new investor but insists club is not for sale

Alamy

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9 December 2022 - 4:30 AM

Wolverhampton Wanderers owner Fosun International is seeking new investment in the club but has said it will not entertain any takeover offers, The Times reports.

The development comes amid financial pressures on Fosun’s main business. The China-based multinational conglomerate has been reported as selling off assets worth more than £2 billion to tackle its growing debts.

Sources in the US investment market told The Times that Wolves have been looking for a new investor an

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