2025 was a turbulent calendar year to say the least at Wolves, and Fosun were once again a huge talking point throughout.
The year started in positive fashion, with Vitor Pereira – freshly appointed after the sacking of Gary O’Neil – picking up several positive results.
The Portuguese tightened Wolves’ defence up, and started to actually build something really great. He even oversaw a run of six consecutive wins in the Premier League.
Why did it take Fosun so long to come to a Jeff Shi realisation?😡
But Wolves ran out of steam at the end of the campaign, and 2025/26 has been a total disaster, with Pereira getting sacked at the start of November, and Rob Edwards replacing him.
Fans have been extremely angry with Fosun for overseeing this decline, and Molineux News now looks back at three of their biggest mistakes in 2025.
The summer restructure
In mid-June, Wolves announced they were restructuring their football leadership team.
Wolves dissolved the sporting director role, prompting Matt Hobbs to leave the club, and in came Domenico Teti – who’d worked previously with Pereira – as the new director of professional football.
The pair were given a lot of control over recruitment, and Wolves’ own recruitment team took a bit of a back seat.
Wolves ended up signing six new players, with none of those players having any Premier League experience between them.
It is widely accepted that poor recruitment has been a major reason for Wolves’ terrible campaign, and the restructure that Fosun and Jeff Shi allowed was a major failure.
In November, Pereira was sacked and Teti left days later after just months at the club, with Matt Jackson now the most senior football executive and tasked with getting Wolves’ squad in order in January.
Giving Vitor Pereira a new contract
Pereira was a hero by the end of the 2024/25 season, after he kept Wolves up with ease.
He had genuinely built a fantastic relationship with the Wolves fans, with many lapping up his ‘First the points, then the pints’ mantra.
But in 2025/26, there were no pub trips for Pereira, who put just two points on the board and did not win a single game before his sacking after the 3-0 defeat to Fulham in November.
Fosun made a huge mistake handing Pereira a new contract in September, which was essentially a reward for keeping the club up in 2024/25, and also a move designed to try and create some stability.
But Pereira was on a poor run, and the timing was just really bizarre.
The new deal didn’t have the desired effect and just 45 days later, Fosun sacked him. He should have gone sooner, but the new deal meant the decision was delayed.
And it later came out that Pereira had considered quitting before the season even started due to struggles over recruitment. All in all, it was a shambles.
Alienating the Wolves fans
Many Wolves fans have strongly disliked Fosun for a good few years now.
The consensus has been that the Chinese conglomerate simply do not invest to grow the club and to have it competing as it should. They simply operate without ambition, and to turn profit.
And this is frankly an insult, considering how much money hardworking supporters have to part with to watch this team.
Their risky transfer MO and recruitment strategy has finally caught up with them, with Wolves now staring down the barrel of relegation.
And as a result, they have never been more unpopular with the fans, who have chanted against the owners in every single game.
They hardly ever communicate with the supporters, and the fanbase has had enough.
The recent removal of Jeff Shi as chairman was welcome news, but the damage has really already been done.
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