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Everton’s former chief Keith Wyness has revealed that Fosun International are looking to sell some of their stake in Wolves to boost their January spending power., the 66-year-old – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs – revealed the Wolves ownership group could sell up to 12% of their stakes.
Selling stakes will provide the club with some money to reinvest into the squad during January to bolster Gary O’Neil’s options. The Midlands club have had a winless start to the Premier League which has left the club bottom of the table after the opening seven fixtures.Former Newcastle defender Paul Dummett and ex-Crystal Palace man James Tomkins are two players that O’Neil is hoping to add to his squad.“They’ve done this before when they have actually sold about 10%, and then that has been taken back or somebody else has bought it.
Join the Football Insider WhatsApp channel to get all our exclusives and the breaking transfer news FIRST.“I believe there is something very close to being final, about a 10% stake maybe up to a 12% stake.
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