Wolves may for now be insulated from their owners’ financial problems because of a £126.5million loans-to-equity deal.about Fosun International’s worrying business situation.last Wednesday , the company’s shares have lost 18 per cent of their value since the beginning of the month.
It is claimed that the Chinese government regulators have asked lenders to examine their exposure to Fosun. Plumley argues that Wolves should be safe from the worst of the crisis for the time being, but there are questions about how the owners will fund future investment.“If you look at the most recent accounts, there was a restructuring of loans to equity from Fosun that totalled about £126.5mEffectively, the club don’t owe the owners anything in terms of shareholder loans. That might have been part of the play, to protect Wolves.
Sell neves to united might help the issue
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