Fosun 2022 doing ok

[PulverWolf]

Fosun International announces 2022 Interim Results: Total Revenue amounted to RMB 82.89 billion, representing a year-on-year increase of 17.7%. #Technology and #Innovation, and #Globalization continue to develop. #results #business #increase #fosunfamily https://en.fosun.com/content/detail
This might explain the summer splurge...

 

[GoldenHorseshoe]

I don't see being a mid table run of the mill prem team is good enough for this organization.
Bruno had better buck his ideas up.

 

[DeWolfMan60]

Do we think the current transfer splurge is all Fosun then with no external investment?

 

[Direwolf]

I hope those that were saying a few weeks back about how the Molineux atmosphere is going to be toxic and protests will happen are feeling fully ashamed of themselves. Not to mention all those absolutely awful Jeff Shi tweets. I have to admit to unfollowing forty or fifty Wolves fans for the vile and hostile, abusive and vitriolic stuff they were coming out with about Fosun and the senior management team. It was not what you expect from supporters in fact it was the opposite it was pure social media sabotage of the club I love. What a spoilt bunch of children throwing their toys out of the pram in raptures of self pre-occupied premature ejaculation.

It is quite clear Fosun's ambition remains firmly in place. A long time ago they decided to invest as we are a brand that has successful growth potential across a diverse range of platforms. How lucky we are to have owners prepared to invest the way they have. Perhaps people will eventually see that Fosun's structured implementation for growing the brand is not just an ad hoc, willy nilly indulgence to grow E sports in the far East. We are a business which is part of a multi million pound investment portfolio that is growing year on year and increasing it's assets. Eventually I believe when the time is right they will also invest in the stadium infrastructure as well I think it is pretty much innevitable.

You only have to glance down the road in the Sandwell direction to appreciate the difference ownership makes. Jed Wallace (No offence he is a decent championship player) - Jesus they are still trying to do the kind of rubbish we gave up ten years ago. It's all about levels, clearly our owners want to be battling with the big boys, while teams like Bournemouth, Leicester, Brentford and even Everton are feeding on scraps in comparison.

 

[Burton Wolf]

I hope those that were saying a few weeks back about how the Molineux atmosphere is going to be toxic and protests will happen are feeling fully ashamed of themselves. Not to mention all those absolutely awful Jeff Shi tweets. I have to admit to unfollowing forty or fifty Wolves fans for the vile and hostile, abusive and vitriolic stuff they were coming out with about Fosun and the senior management team. It was not what you expect from supporters in fact it was the opposite it was pure social media sabotage of the club I love. What a spoilt bunch of children throwing their toys out of the pram in raptures of self pre-occupied premature ejaculation.

It is quite clear Fosun's ambition remains firmly in place. A long time ago they decided to invest as we are a brand that has successful growth potential across a diverse range of platforms. How lucky we are to have owners prepared to invest the way they have. Perhaps people will eventually see that Fosun's structured implementation for growing the brand is not just an ad hoc, willy nilly indulgence to grow E sports in the far East. We are a business which is part of a multi million pound investment portfolio that is growing year on year and increasing it's assets. Eventually I believe when the time is right they will also invest in the stadium infrastructure as well I think it is pretty much innevitable.

You only have to glance down the road in the Sandwell direction to appreciate the difference ownership makes. Jed Wallace (No offence he is a decent championship player) - Jesus they are still trying to do the kind of rubbish we gave up ten years ago. It's all about levels, clearly our owners want to be battling with the big boys, while teams like Bournemouth, Leicester, Brentford and even Everton are feeding on scraps in comparison.

As long as we stay up I agree with all of that.

 

[wwbug]

I hope those that were saying a few weeks back about how the Molineux atmosphere is going to be toxic and protests will happen are feeling fully ashamed of themselves. Not to mention all those absolutely awful Jeff Shi tweets. I have to admit to unfollowing forty or fifty Wolves fans for the vile and hostile, abusive and vitriolic stuff they were coming out with about Fosun and the senior management team. It was not what you expect from supporters in fact it was the opposite it was pure social media sabotage of the club I love. What a spoilt bunch of children throwing their toys out of the pram in raptures of self pre-occupied premature ejaculation.

It is quite clear Fosun's ambition remains firmly in place. A long time ago they decided to invest as we are a brand that has successful growth potential across a diverse range of platforms. How lucky we are to have owners prepared to invest the way they have. Perhaps people will eventually see that Fosun's structured implementation for growing the brand is not just an ad hoc, willy nilly indulgence to grow E sports in the far East. We are a business which is part of a multi million pound investment portfolio that is growing year on year and increasing it's assets. Eventually I believe when the time is right they will also invest in the stadium infrastructure as well I think it is pretty much innevitable.

You only have to glance down the road in the Sandwell direction to appreciate the difference ownership makes. Jed Wallace (No offence he is a decent championship player) - Jesus they are still trying to do the kind of rubbish we gave up ten years ago. It's all about levels, clearly our owners want to be battling with the big boys, while teams like Bournemouth, Leicester, Brentford and even Everton are feeding on scraps in comparison.

You are so right about the vile abuse.
But I read the situation differently .
The fact there is a vast overhaul this summer I believe shows that Fosun realise they didnt do enough slow advancement over the last three years.
There has been a change of policy in the last 6 months.

 

[dgm6769]

https://twitter.com/x/status/1570359758359609345

Not a financial person but hope this Not gonna effect us

 

[AndyY]

And yet Fosun have said there is nothing to worry about and are considering suiting Bloomberg for the original report which led to the share fall.

No idea whether this is a good source or not (it’s a newspaper so probably not!): Fosun shares up 9.65% after Chinese firm said it will sue Bloomberg over false report - Global Times

 

[SuperGran]

There’s already a thread on this on the OT site seems to be a load of bs

 

[SmiffyWolf]

If and I say if there was an issue wouldn't we just be up for sale ?

 

[Alex Rae The Substitute]

If and I say if there was an issue wouldn't we just be up for sale ?

Which wouldn’t necessarily be a good thing, if they’re looking to sell quickly we could end up off to the first bidder. Both Hayward and Morgan were very fair in lining us up with decent owners.

 

[WKFWolf]

I would also add that whilst this Chadwick bloke I'm sure has some expertise somewhere he has had a boner over slating our ownership since the takeover so I would take his negativity with a pinch of salt

 

[Ironfistedmonk]

I would also add that whilst this Chadwick bloke I'm sure has some expertise somewhere he has had a boner over slating our ownership since the takeover so I would take his negativity with a pinch of salt

Yeah I was gonna say he has been quite negative about Wolves/Fosun for a few years and TBH after this summer, even if they do sell us we are in a very good position

 

[VancouverWolf]

I hope those that were saying a few weeks back about how the Molineux atmosphere is going to be toxic and protests will happen are feeling fully ashamed of themselves. Not to mention all those absolutely awful Jeff Shi tweets. I have to admit to unfollowing forty or fifty Wolves fans for the vile and hostile, abusive and vitriolic stuff they were coming out with about Fosun and the senior management team. It was not what you expect from supporters in fact it was the opposite it was pure social media sabotage of the club I love. What a spoilt bunch of children throwing their toys out of the pram in raptures of self pre-occupied premature ejaculation.

It is quite clear Fosun's ambition remains firmly in place. A long time ago they decided to invest as we are a brand that has successful growth potential across a diverse range of platforms. How lucky we are to have owners prepared to invest the way they have. Perhaps people will eventually see that Fosun's structured implementation for growing the brand is not just an ad hoc, willy nilly indulgence to grow E sports in the far East. We are a business which is part of a multi million pound investment portfolio that is growing year on year and increasing it's assets. Eventually I believe when the time is right they will also invest in the stadium infrastructure as well I think it is pretty much innevitable.

You only have to glance down the road in the Sandwell direction to appreciate the difference ownership makes. Jed Wallace (No offence he is a decent championship player) - Jesus they are still trying to do the kind of rubbish we gave up ten years ago. It's all about levels, clearly our owners want to be battling with the big boys, while teams like Bournemouth, Leicester, Brentford and even Everton are feeding on scraps in comparison.

Absolutely great post.

 

[WKFWolf]

Yeah I was gonna say he has been quite negative about Wolves/Fosun for a few years and TBH after this summer, even if they do sell us we are in a very good position

Yeh debt free in the prem with plenty of assets. Don't think we would be short of offers tbh

 

[Eastyorksyeltz]

I do hope some of the "Fosun out", "Jeff- clown", "all a shambles", brigade will be prepared to admit they were wrong. But I suspect they will just bide their time, untill the next setback, injury, or whatever to start the same old rants. I don't understand the need to put down the club they claim to support.