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Jeff Shi releases statement after stepping down as Wolves executive chairman

Wolves have announced Nathan Shi as interim executive chairman of Wolves after Jeff Shi decided to step down from his role at Molineux.

The pressure has been building on Fosun and Jeff Shi for some time now.

Wolves fans held the successful protest outside of the Billy Wright stand during and before the Manchester United clash, and things have progressed since then.

Jeff Shi thought he was doing everyone a favour by speaking out on BBC radio about his views on Wolves, but it turned him into even more of a villain and showed just how disconnected he is.

His claim about the council delaying the development plans for the Steve Bull stand was laughable, especially as they came out and revealed that the truth is the complete opposite.

What will go down as Jeff Shi’s biggest mistake at Wolves?🤔

Jeff Shi leaves Wolves
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Jeff Shi’s farewell message to Wolves fans

Nothing Jeff Shi could say would change the opinions of Wolves supporters, but he did try to paint everything in a positive light upon his departure.

Wolves shared Shi’s comments after the announcement.

“I took the keys to this chair with humility; today, I step aside with a heart full of gratitude. It has been an honour and a privilege to work alongside our leadership team, players, coaches, staff and – above all – our fans.

“I would like to thank Fosun and the board for their trust, and every supporter for making Molineux shine. My seat may change, but my heart will still roar for this club every single game. I give my full support to the new management team and wish them every success in driving Wolves to even greater heights.”

He then spoke more on his time at Wolves, with a comment that will certainly divide opinions.

Wolves fans, what do you make of Jeff Shi’s farewell message…😬

Jeff Shi's farewell Wolves message
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