Wolverhampton Wanderers are at the centre of a staggering £400 million takeover approach that could see the club change hands in one of the biggest deals in Premier League history.
The Mirror can exclusively reveal that American investors are preparing a formal bid to acquire the Midlands club from current Chinese owners Fosun International, who have controlled Wolves since their 2016 purchase.
Massive Financial Package
The proposed deal, valued at approximately £400 million, represents a significant premium on the £45 million Fosun originally paid for the club eight years ago. This potential transaction comes at a crucial time for Wolves, who continue to establish themselves as a solid Premier League presence.
Current chairman Jeff Shi has been steering the club through challenging financial waters, with the need to comply with the Premier League's Profit and Sustainability Rules prompting several high-profile player sales in recent transfer windows.
American Interest in English Football
The American consortium's interest continues the growing trend of US investment in English football, following similar acquisitions at Chelsea, Manchester United, and Liverpool. The investors are believed to see significant potential in Wolves' brand and infrastructure.
While formal discussions are understood to be at an early stage, the substantial financial package being prepared suggests serious intent from across the Atlantic.
Fosun's Mixed Legacy
Under Fosun's ownership, Wolves have experienced both remarkable highs and challenging periods. The Chinese conglomerate oversaw the club's rise from Championship contenders to European competitors, with memorable Europa League campaigns under former manager Nuno Espírito Santo.
However, recent seasons have seen increased financial pressure, leading to the departure of key players and raising questions about the club's long-term direction under current ownership.
As Wolves fans await developments, the potential £400 million takeover represents a pivotal moment that could reshape the future of one of English football's most historic clubs.
