The Fosun Bubble...

[TartanRug]

150m? Not in a million years. Traore is a novelty player who's outputs are absolutely atrocious. No one in their right mind is going to pay more than 20 million for Traore, so what; Neto and Neves are supposed to be nearly 70 million each? Not a chance in hell.

There were a lot of rumours around Fosun's involvement in Wolves being primary to curry favour ahead of HS2 contracts... I've no idea how that turned out for them, but I imagine the now reduced opportunity to win lucrative business combined with Chinese clampdown on external investment and the effects of the pandemic on their core global tourism and entertainment business means they need to rethink their spending on an ever increasing vanity project such as the dogheads.

The £350m+ they've pumped in already has given them a competitive advantage to play from and as has been said, in Neves and Neto in particular (and Jimenez when he returns) they have some highly saleable assets which when sold, should give them a warchest which if invested correctly will enable them to continue being competitive in the PL in the same way clubs like Southampton and Palace have been able to establish themselves above the drop zone.

Whilst this doesn't mean they will be doomed to relegation, it does mean they will now have to spend some time looking over their shoulder as oppose to looking upwards, as as has Rich has said, their value is currently incredibly high and any prospective buyer will find themselves having to pay c£300m for a club with a tinpot stadium in a low affluence region of the UK, an ageing squad and a need to continue to invest just to maintain their current standing... this is only an attractive proposition to a vanity buyer and they are few and far between.

I suppose the Dings are now a victim of their own (relative) success in the last few years. When Fosun took over and them struggling meant it was for a low price, now they're doing better the club value has shot up its difficult for anyone to come in and make them worth any more than they currently are. 

Leicester are probably the role model to aim for but it took an incredible season to transform them from also rans to a realistic top 4 team, not sure how much their owners have chucked at it and how much has come from their league/champions league successes... they've had some top youth players come through too.

Certainly something in that... the worse you do, the more desired as an asset you tend to be. If the worst did happen and we were to be stuck in the Championship (or worse) for a while we'd be more likely to find an owner willing to invest like Fosun... We have a recent history of being established in the PL and seeing our value significantly raised, and we have the infrastructure to compete at that level... Unfortunately whilst we're at the top table, we're more likely to attract owners like Burnley's who need to find a way of extracting cash in the short term instead of working towards a future sale bonanza!

Though, the lower you go, and the lower your price, the more chancers can afford you!

Think Leicester's owners spent a LOT of money to get them promoted in the first place, but they invested very well off the field too, with massive amounts going into data and recruitment and their youth teams which they're now reaping the benefits of. Amazing what can be done at a club no bigger than ourselves when the right ownership making sensible decisions with a little bit of investment combines with a bit of luck (or in their case, a HUGE slice of it!)

Good post. We can definately look into improving recruitment without breaking the bank. 

Though, the lower you go, and the lower your price, the more chancers can afford you!

Project League 2 is in progress