Report shares Fosun’s plan to rival Manchester clubs as they celebrate five years at Wolves

Fosun are celebrating five years since their takeover of Wolves today.

The Athletic have run a long piece on their impact on the club since they’ve been there.

It also outlines their plan to rival both Manchester City and Manchester United in the years to come.

Fosun apparently think that the financial reward of being in the Champions League is negligible in terms of a company the size of Fosun.

Fosun feel they must go down a different route, trying to increase the growth potential of the club’s ‘brand’ through eSports, through fashion, even through motor racing.

The article points out the large turnover in staff in the last five years but also points out that some remain.

They include club doctor Matt Perry, ticket boss James Davies, stadium manager Steve Sutton and technical director Scott Sellars.

Those guys will form a key part of Wolves’ future, along with general manager of football operations Matt Wild, who returned for a second stint at the club in 2017.

Even talk of the Champions League feels far off now, given Wolves won’t be playing European football of any description in the coming season.

Getting back into Europa League contention is the first task this term and that won’t be easy for Bruno Lage.

The Champions League must be the long-term goal and someone like Leicester likely provide inspiration in terms of how they’ve muscled their way into that particular race in recent years.

The last five years under Fosun have been thrilling and it’s intriguing to think where the next five years will take the club.

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