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Sunday, March 24

Premier League

Wolverhampton Wanderers

Jeff Shi: 'Investment in Wolverhampton Wanderers is for long-term success'

By , Reporter | 1y
Wolverhampton Wanderers chairman Jeff Shi insists that all the investment being poured into the Championship club is for long-term success.

Wolverhampton Wanderers chairman Jeff Shi has stressed that all the investment being poured into the club is for the long-term benefits.

Fosun, the club's owners, have invested tens of millions of pounds into Wolves since buying the Championship outfit for £30m in July 2016.

Although Wolves are currently top of the table and edging closer to promotion, Shi states that all the work being done behind the scenes was about long-term success.

"I'm thinking about the next 10 years," Shi told the Express & Star. "Three years to get into the Premier League, so if we get promoted this year we're a year ahead of schedule.

"It's a 10-year plan. It's an achievement to have a small Premier League club but it's not our (ultimate) target. We want to build a strong team and it will take time with ups and downs.

"Every investment we've done we hope for a long term return. We're doing a different strategy compared to other clubs and it's long term.

"We're very ambitious for long term success. It's not easy. If you want steady, long term success for a club you have to build everything now for a foundation.

"Sometimes it's tempting to something in the short term for quick success. But everything we do is for the long term."

Wolves topped the Championship table by double digits for a large part of the season but sit just three points ahead of Cardiff City going into Tuesday night's fixtures.



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Premier League Table
TeamPWDLFAGDPTS
1Liverpool31237170185276
2Manchester CityMan City30242479215874
3Tottenham HotspurSpurs30201957322561
4Arsenal30186663392460
5Manchester UnitedMan Utd30177658401858
6Chelsea30176750331757
7Wolverhampton WanderersWolves30128103836244
8Watford30127114244-243
9West Ham UnitedWest Ham31126134146-542
10Leicester CityLeicester31125144043-341
11Everton31117134342140
12Bournemouth31115154356-1338
13Newcastle UnitedNewcastle3198143140-935
14Crystal Palace3096153641-533
15Brighton & Hove AlbionBrighton2996143242-1033
16Southampton3079143450-1630
17Burnley3186173559-2430
18Cardiff CityCardiff3084182757-3028
19Fulham3145222970-4117
20Huddersfield TownHuddersfield3135231857-3914
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Select and display your favourite team's news and scores in this panel
Premier League Table
TeamPWDLFAGDPTS
1Liverpool31237170185276
2Manchester CityMan City30242479215874
3Tottenham HotspurSpurs30201957322561
4Arsenal30186663392460
5Manchester UnitedMan Utd30177658401858
6Chelsea30176750331757
7Wolverhampton WanderersWolves30128103836244
8Watford30127114244-243
9West Ham UnitedWest Ham31126134146-542
10Leicester CityLeicester31125144043-341
11Everton31117134342140
12Bournemouth31115154356-1338
13Newcastle UnitedNewcastle3198143140-935
14Crystal Palace3096153641-533
15Brighton & Hove AlbionBrighton2996143242-1033
16Southampton3079143450-1630
17Burnley3186173559-2430
18Cardiff CityCardiff3084182757-3028
19Fulham3145222970-4117
20Huddersfield TownHuddersfield3135231857-3914
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