"I took the keys to this chair with humility. Today, I step aside with a heart full of gratitude. It has been an honour and a privilege to work alongside our leadership team, players, coaches, staff and above all our fans. Together, we have transformed the club into a global force, battling at the highest level. I would like to thank Fosun and the board for their trust, and every supporter for making Molineux shine."
"My seat may change, but my heart will still roar for this club every single game. I give my full support to the new management team and wish them every success in driving Wolves to even greater heights."
"At this important and challenging moment, I look forward to working closely with all stakeholders to build a stronger future and to help Wolves reach new heights. I believe that together, as one pack, we will move forward with belief, pride, ambition and unity."
Jeff Shi has stepped down from his role as executive chairman of Wolverhampton Wanderers after nearly ten years at Molineux. He will remain chairman and chief executive of Fosun Sports Group but will have no operational duties with Wolves. Nathan Shi will serve as interim executive chairman; he has worked for Fosun since 2016 and is not related to Jeff Shi. Wolves sit bottom of the Premier League with two points and are winless, 14 points from 17th place, facing the prospect of relegation. Supporters had long expressed anger toward Shi and Fosun, blaming a managed decline. Brentford visit Molineux next.
#wolverhampton-wanderers #jeff-shi-resignation #fosun-sports-group #premier-league-relegation-battle
Read at www.bbc.com
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