Earlier this week, Peak6’s involvement in Fosun Sports was announced.

Jeff Shi has already explained from his point of view what the move means for Wolves.

“We have been in deep conversation with PEAK6 for more than a year and we are delighted to welcome them officially to the Wolves family,” he said.

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“Our organisations have great synergy, from our mutual desire to challenge conformity, our openness for collaboration, and of course our shared passion for sports, technology and achieving success through hard work, intelligence and innovation.

Wolverhampton Wanderers Training Session
(Jack Thomas – WWFC/Wolves via Getty Images)

“Earlier this summer we announced a partnership with Evil Geniuses that saw us offer them a presence in China through our networks there, and now this partnership provides Wolves a firm foothold in all major areas of the globe: the USA and Americas, Europe and Asia.

“As well as great opportunities, we hope PEAK6 can help bring Fosun Sports and Wolves knowledge, wisdom and learning, and support Fosun Sports to become a sports industry group with global influence and much success.”

 

Now, a report by the Athletic has offered some more depth into the involvement of Peak6.

Peak6 will help Wolves in the world of esports – which is something the club has looked to focus on as a source of revenue of late.

FIFA eClub World Cup 2019 - Group Stage
(Charlie Crowhurst – FIFA/FIFA via Getty Images)

They are an American company, so can also aid Wolves organise their pre-season preparations over there for the summer.

It could also attract further investment from Asia or Europe, which is all part of the long-term plan to make Wolves sustainable.

Fosun will not be ploughing money into Wolves without the idea that the club can stand on its own two feet, and this new partnership all feeds into that.

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