Wolves fans have taken to social media to voice their concerns over Fosun’s latest move, questioning the owners’ priorities yet again.
The club has completed a £100m refinancing agreement with PGIM, effectively rolling over a loan raised during the Covid-19 period.
This deal provides Wolves with greater financial flexibility by extending debt maturities to six years.
While some fans are relieved that the deal replaces a previous loan, the majority remain unconvinced by Fosun’s latest move.
It is not the first time that the Molineux faithful have voiced their discontent with the ownership, with Wolves fans chanting against Fosun and Jeff Shi during the pre-season defeat to Celta Vigo.
Wolves fans question the ‘growth on and off the pitch’
While Fosun have successfully grown the club off the pitch, the Old Gold appear set to face a relegation battle for the second consecutive season.
Despite this, pundit Paul Merson admits he thinks Wolves will avoid relegation, as they showed enough quality in the match against Newcastle United.
Meanwhile, the club insists the £100m refinancing deal is a positive step for the club’s financial stability.
A Wolves spokesperson said: “Wolves can confirm the successful completion of a £100m refinancing agreement with PGIM, replacing the loan facility raised during the Covid-19 period.
“The deal extends debt maturities to six years at a competitive rate and provides greater financial flexibility for the club moving forward. We are pleased to partner with PGIM, which underlines confidence in Wolves’ continued growth both on and off the pitch.”
However, Wolves fans took to social media to question whether this supposed growth on and off the field is actually benefiting the team.
Fans quickly took to social media to question whether this supposed growth on and off the field is actually benefiting the team.
@mitchey316: “Love to know where this growth on and off the pitch is because we’ve certainly not seen any evidence of it.”
@MattBennett93: “Can anyone tell me what Wolves have spent their ‘incomings’ money on, please? They’ve sold to Manchester United and Manchester City. Where has that money gone?”
Wolves face another tough season
Clearly, Wolves are not yet fully equipped for the Premier League campaign, with the squad still lacking depth in key areas.
| Position | Team | Played MP | Won W | Drawn D | Lost L | For GF | Against GA | Diff GD | Points Pts |
| 15 |  Nottingham ForestNottingham Forest | 4 | 1 | 1 | 2 | 4 | 8 | -4 | 4 |
| 16 |  LeedsLeeds | 4 | 1 | 1 | 2 | 1 | 6 | -5 | 4 |
| 17 |  BurnleyBurnley | 4 | 1 | 0 | 3 | 4 | 7 | -3 | 3 |
| 18 |  West HamWest Ham | 4 | 1 | 0 | 3 | 4 | 11 | -7 | 3 |
| 19 |  Aston VillaAston Villa | 4 | 0 | 2 | 2 | 0 | 4 | -4 | 2 |
| 20 |  WolvesWolves | 4 | 0 | 0 | 4 | 2 | 9 | -7 | 0 |
Another midfielder was needed to replace the numerous departures over the summer and an injury to one of Joao Gomes or Andre would create a real dilemma for manager Vitor Pereira.
Their poor start has compounded frustrations, and the mood among supporters is far from positive.
While Jorgen Strand Larsen has agreed to a new deal, it hasn’t eased concerns about the performances on the pitch.
Ultimately, results will be the true measure of whether the club’s off-field planning is paying off.