General Wolves News

[Mel Evo]

What percentage did they have?

Seems to have been undisclosed. At the time Fosun were allegedly trying to ship 20%.

 

[AndyWolves]

What percentage did they have?

$50m worth - 20% ish?

 

[Lupo]

2023 Annual Review stated that Fosun own 92.01% so 7.99%?

 

[AndyWolves]

Is this something to get excited about in terms of a possible sale?

Thats what I was wondering. Or maybe peak 6 were happy to sell their equity for less than what fosun think it's worth

 

[Kenny]

Is this something to get excited about in terms of a possible sale?

Nope, Peak have just realised it's a shit investment

 

[Mel Evo]

We’re doing some great DD work here people. Who fancies setting up a Boutique investment house?!

 

[AndyWolves]

I think I've figured it out. Wolves sold Kilman so we could buy back shares in themselves.

 

[Tony Towner]

2023 Annual Review stated that Fosun own 92.01% so 7.99%?

It can't be, that would value us at £500m or thereabouts. Having said that them having their pants pulled down wouldn't be a shock

 

[PuntsWolf]

It can't be, that would value us at £500m or thereabouts. Having said that them having their pants pulled down wouldn't be a shock

Unless it’s just money laundering somehow…

 

[Del Woppio]

Whatever it is we know it'll either dodgy as fuck or just plain incompetent

 

[Tony Towner]

Clumsy language using buyers rather than investors or has PTS said we are up for sale?

The Athletic has been told by several sources with knowledge of football finance that third parties claiming to be working for Fosun have attempted to find buyers for Wolves, which has been owned by the Chinese conglomerate since 2016.

https://www.nytimes.com/athletic/5903216/2024/11/06/wolves-owners-fosun-minority-stake?source=user-shared-article

 

[Deutsch Wolf]

You wouldn't buy us now. You wouldn't take control in time to chuck money at it in January. If we go down (which has to be more than a 50/50 chance right now) then the value of the asset plummets immediately.

 

[Tony Towner]

I get all that, but this is the first time anyone in the media has said they are actively trying to sell us.

 

[big mean bunny]

You wouldn't buy us now. You wouldn't take control in time to chuck money at it in January. If we go down (which has to be more than a 50/50 chance right now) then the value of the asset plummets immediately.

Wolves in current form are still infinitely more attractive to anyone wanting a PL team, than any team in the championship though though.

 

[Wilf Wolf]

Wolves in current form are still infinitely more attractive to anyone wanting a PL team, than any team in the championship though though.

Leeds say hold our beer!

 

[big mean bunny]

Leeds say hold our beer!

You think Championship Leeds are a more attractive proposition to someone wanting a Prem team?

 

[Tredman]

You think Championship Leeds are a more attractive proposition to someone wanting a Prem team?

I would say so yes.

 

[Tony Towner]

You think Championship Leeds are a more attractive proposition to someone wanting a Prem team?

Win tonight and they can go top, win on Saturday and we are still in the relegation zone. Deal wouldn't be sanctioned until the Jan window closing so can't do anything this season. Bigger club, own their own ground, they aren't up for sale as the 49ers have only just bought them, but it's not much of a stretch to say yes.

 

[leedswolf]

Leeds say hold our beer!

Fuck off and leave my beer alone...

 

[Alan]

I get all that, but this is the first time anyone in the media has said they are actively trying to sell us.

You’d expect a journo to know what using “buyer” in that context suggests, but this is PTS we’re talking about.