Wolverhampton Wanderers are searching for a new permanent chairman after Jeff Shi stepped down from his role at the crisis-hit club. The move follows months of intense protests from supporters as Wolves languish at the foot of the Premier League table.
Historic Struggles on the Pitch
Wolves have endured the worst start to a season in Premier League history, failing to win any of their opening 16 matches. Under the management of Rob Edwards, who replaced the sacked Vitor Pereira last month, the team has mustered a meagre two points. This dismal run has left them rock bottom and staring at the grim prospect of relegation.
Fan Fury and Boardroom Change
Discontent among the Molineux faithful reached a boiling point in recent weeks. During the recent 4-1 home defeat to Manchester United, a significant number of supporters staged a protest by delaying their entry until the 15th minute of the match. Once inside, chants directed against the chairman echoed around the stadium.
Their persistent campaigning has now yielded a result. The club confirmed on Friday night that Jeff Shi has relinquished his operational duties at Wolves. He will be replaced on an interim basis by Nathan Shi – who is no relation – although parent company Fosun Sports Group, where Jeff Shi remains Chairman and CEO, retains overall control.
Statements from Departing and Incoming Leadership
In a departing statement, Jeff Shi reflected on his tenure, saying: "I took the keys to this chair with humility; today, I step aside with a heart full of gratitude... Together, we have transformed the club into a global force, battling at the highest level." He pledged his continued support for the club from a different seat.
Interim chairman Nathan Shi acknowledged the challenge ahead, stating: "At this important and challenging moment, I look forward to working closely with all stakeholders to build a stronger future... I believe that together, as one pack, we will move forward with belief, pride, ambition and unity."
The immediate focus returns to the pitch, where Wolves host Brentford on Saturday. A failure to win would see them equal Sheffield United's unwanted record of 17 games without a victory at the start of a Premier League season, set in the 2020-21 campaign. The pressure on the new interim hierarchy and manager Rob Edwards to inspire a dramatic turnaround has never been greater.