Wolves owner Fosun reports £2 billion revenue drop as 2025 results show impairments | OneFootball

Fosun, owner of Wolverhampton Wanderers, reported about £2 billion less revenue in 2025, a 9.7 per cent fall.

According to ExpressAndStar.com, 2025 revenue was nearly £19 billion with around £438 million of industrial operating profit, down from £21 billion and about £555 million in 2024.

Wolves posted a £15.3 million loss for 2024/25. The side are bottom of the Premier League, with relegation to the Championship a near certainty. Executive chairman Jeff Shi has been replaced on an interim basis by Nathan Shi.

Fosun said its fundamentals remain solid, with innovation and globalisation driving momentum. Core sectors such as pharmaceuticals, healthcare, insurance and finance underpin performance. Subsidiaries Fosun Pharma, Yuyuan, Fosun Insurance Portugal and Fosun Tourism Group generated about £14 billion, or 74 per cent of revenue.

Overseas revenue reached roughly £10.4 billion, 54.7 per cent of the total, a year-on-year increase of 5.4 per cent.

The group booked a non-cash book loss of about £2.5 billion from impairments, mainly real estate, 55 per cent, and non-core assets, 45 per cent. It said operations and cash flow were unaffected. Chairman Guo Guangchang apologised, saying the provisions reflect prudence on past projects and that core businesses continue to grow.

Fosun, which bought Wolves for £30 million in 2016, aims in the medium term to restore annual profits to around £1.09 billion. The company, now 34 years old, says it will focus on core businesses rather than short-term gains.

Source: ExpressAndStar.com