Chinese tycoon Guo Guangchang has promised to take Wolverhampton Wanderers back into the Premier League and “stay there” after his Fosun Group agreed to pay £45m for the second-tier football club.
“Our goal is crystal clear,” said Jeff Shi, the Fosun executive leading the deal. “We will do our very best to help take Wolves back to the Premier League as soon as possible.
“We believe the club and the fans belong at the top of English football and getting there is our first priority,” he added.
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