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COMMENT: Wolves success is there for the taking under Fosun

If last Thursday – the day of Fosun's £30million takeover – was momentous, then this was absorbing, compelling and absolutely fascinating for all of a Wolves persuasion.

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It was the day the dots were joined up, and so many questions answered on the historic journey that Fosun and everyone associated with Wolverhampton Wanderers is about to embark on,

writes Wolves correspondent Tim Spiers

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Steve Morgan dubbed his nine-year Wolves tenure a 'rollercoaster ride'. With Fosun, the intention seems to be more for a smooth, efficient and speedy journey from A to B.

Destination A being mid-table obscurity in the Championship.

Destination B being a well-established Premier League club with the infrastructure and the finances to go a lot further.

Again, as in their statements last week, Fosun's initial ambitions were on a big scale, and yet measured and realistic at the same time.

Jeff Shi came across as amiable, humble, but above all, savvy.

He spoke honestly about needing help in the day-to-day running of the club, and stressed the importance of getting right Jez Moxey's replacement.

He is clearly clued in on the club's history, its traditions, its excellent academy system and its standing in English football.

For the here and now his thoughts on the current squad chimed with those of Kenny Jackett.

And for the future he tantalisingly talked of boosting the club's profile in China and beyond.

"What we want to do is try and promote and market the club in China," he said.

"If we go to the Premier League every game of ours will be broadcast in China.

"I think there will be a very good opportunity for us to be one of the most famous clubs in China.

"I said to my friends, the logo and colour of the club is very unique and very eye-catching.

"Also the name, it's very unique, it's not like other clubs – a city, a town – it's very unique and good for Chinese fans to remember and understand and feel their own club."

As Moxey made a point of stressing, these guys are investors, not owners who will get fed up if things start going belly up after 12 months.

And yesterday went some way to re-assuring supporters that Fosun won't introduce Venky's-style incompetence, or use the club like a toy or a hobby in the manner of Vincent Tan.

This is a serious project. It's an investment. And Fosun mean business.

At just £30m, they spotted a bargain of a football club. One that doesn't need a new stadium, training ground or academy.

Investment won't be an issue, Shi said. The stadium, the academy, the fanbase, a young squad – it's all there, he extolled.

It just needs money invested smartly in quality players to lift the club from the Championship.

As Wolves fans well know, that's easier said that done, but the basis of a good, young, promising Championship team gives them a good starting point on which to build.

Shi added: "The first thing about business, I'm an investor and we have to think carefully about the value.

"But personally I'm a long-time football fan and know a lot of things about football.

"You have to have the players to compete.

"I'm not a professional in the industry now but I'm learning very quickly. I think I am ready."

It wasn't all music to fans' ears.

The confirmed Jorge Mendes link has been greeted with scepticism by those who are concerned at the power he is likely to be able to wield, signing players whose suitability to the rigours of the Championship – and long-term commitment to the club – could be filed under 'questionable'.

The news that Jackett is set to stay has also split opinion.

After managing with one hand behind his back for the last 12 months Jackett has earned the right to try and bring success to the club backed by big money. But he lost the faith of many supporters, who see him as tactically limited, long ago.

There are concerns too that Moxey's departure will increase instability.

His loss cannot be understated, and the success of his replacement – or whoever runs Wolves on a daily basis in Moxey and Morgan's absence – may define the early years of the Fosun era.

But hey, these are issues for another day.

For now, witnessing the exuberant scenes which greeted Shi's arrival warmed the heart and tingled the spine.

What a sharp contrast to the apathy which has hung over the club in the past six months.

In Fosun's hands, the future can be very bright for Wolves.

As Shi said: "The first part is luck, you have to have luck. The other part is you have to be smart.

"What I can control is that we will work very hard and smartly. And be patient."

Patience has understandably been in short supply at Molineux of late.

But if Fosun make their words a reality, sustained success is Wolves' for the taking.

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