Wolverhampton Wanderers are entering a new chapter after Jeff Shi announced his resignation as executive chairman.
His departure comes after a tumultuous period both on and off the pitch, leaving fans frustrated and raising questions about the club’s future under Fosun’s ownership.
Despite overseeing some of Wolves’ most celebrated successes in recent history, including impressive league finishes and strong European runs, the club’s dramatic fall to the bottom of the Premier League has left supporters disillusioned, with many openly critical of Shi and the owners.
A New Interim Chairman Steps In
Nathan Shi, who is not related to Jeff Shi, will take over as interim executive chairman.
Jeff Shi reflected on his time at Wolves, saying:
“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.”
He added that while his role is ending, his support for Wolves will remain unwavering:
“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.”
Past Successes Under Jeff Shi
During Jeff Shi’s tenure as Fosun’s representative, Wolves achieved notable milestones.
The club twice finished seventh in the Premier League and reached the FA Cup semi-finals, as well as the Europa League quarter-finals.
These accomplishments helped establish Wolves as a competitive and internationally recognized team.
However, this season has been extremely challenging.
Summer recruitment was poorly executed, and under the guidance of new manager Rob Edwards, Wolves have taken just two points from their first 16 games.
With the team struggling to escape the relegation zone, fans’ frustration has boiled over—recently, some supporters staged a silent protest by delaying entry to the stadium during a home defeat to Manchester United.
Nathan Shi Outlines His Vision
Nathan Shi is set to attend Wolves’ upcoming match against Brentford and has expressed enthusiasm for his new role.
He said:
“I am privileged to have the opportunity to lead a club whose achievements, both on and off the pitch, are founded on collective effort, from our players and coaching staff to our employees, supporters, the Wolverhampton Council, and the wider community.
I am grateful for the trust the board has placed in me.”
Despite this leadership change, Wolves insist that Fosun has no plans to sell the club and is focused on attracting external investment.
Still, such a significant shake-up inevitably sparks debate over the club’s future direction.
Who Is Nathan Shi?
Little is publicly known about Nathan Shi.
Online records suggest he previously represented Club Med, part of Fosun’s global portfolio, though the LinkedIn profile listing this experience has reportedly disappeared.
He is also believed to have served as an executive assistant to Fosun chairman Guo Guangchang, giving him ties to the ownership group.
As Wolves navigate this difficult Premier League campaign, all eyes will be on Nathan Shi and the new management team to see whether they can stabilize the club and restore confidence among the fanbase.
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