Monday, December 10

Premier League

Wolverhampton Wanderers

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

Wolverhampton Wanderers chairman Jeff Shi insists that all the investment being poured into the Championship club is for long-term success.
By , Reporter | 9mo

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
1Liverpool1613303462842
2Manchester CityMan City1613214593641
3Tottenham HotspurSpurs16120430161436
4Chelsea16104233132034
5Arsenal16104235201534
6Manchester UnitedMan Utd167542826226
7Everton156542117423
8Bournemouth167272526-123
9Leicester CityLeicester166462120122
10Wolverhampton WanderersWolves166461719-222
11West Ham UnitedWest Ham166372325-221
12Brighton & Hove AlbionBrighton166371922-321
13Watford156271821-320
14Cardiff CityCardiff1642101530-1514
15Newcastle UnitedNewcastle163491322-913
16Crystal Palace1633101323-1012
17Burnley1633101532-1712
18Huddersfield TownHuddersfield1624101027-1710
19Southampton161691330-179
20Fulham1623111640-249
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Select and display your favourite team's news and scores in this panel
Premier League Table
TeamPWDLFAGDPTS
1Liverpool1613303462842
2Manchester CityMan City1613214593641
3Tottenham HotspurSpurs16120430161436
4Chelsea16104233132034
5Arsenal16104235201534
6Manchester UnitedMan Utd167542826226
7Everton156542117423
8Bournemouth167272526-123
9Leicester CityLeicester166462120122
10Wolverhampton WanderersWolves166461719-222
11West Ham UnitedWest Ham166372325-221
12Brighton & Hove AlbionBrighton166371922-321
13Watford156271821-320
14Cardiff CityCardiff1642101530-1514
15Newcastle UnitedNewcastle163491322-913
16Crystal Palace1633101323-1012
17Burnley1633101532-1712
18Huddersfield TownHuddersfield1624101027-1710
19Southampton161691330-179
20Fulham1623111640-249
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