Wolverhampton Wanderers F.C. was taken over in 2016.
The Takeover of Wolverhampton Wanderers F.C.
The English football club, commonly known as Wolves, experienced a significant change in ownership in 2016. During this year, the club was acquired by Fosun International, a prominent Chinese conglomerate. This acquisition marked a new chapter in the club's long history, bringing new investment and strategic direction to the team.
Key Details of Wolves Ownership
To provide clarity on the takeover, here are the essential details:
Aspect | Detail |
---|---|
Year of Takeover | 2016 |
New Owner | Fosun International |
Owner Type | Chinese conglomerate |
Historical Background of the Club
Before the recent ownership change, Wolverhampton Wanderers F.C. boasts a deep and storied past. The club was originally formed as St. Luke's F.C. in 1877. Just two years later, it changed its name to Wolverhampton Wanderers. Demonstrating its enduring legacy in English football, the club went on to become one of the founding members of the Football League in 1888. This rich history precedes its modern era of ownership under Fosun International.