The club is owned by the Chinese conglomerate group Fosun International, which purchased the parent company of the club, W.W. (1990) Ltd., on 21 July 2016 for a reported £45 million from previous owner Steve Morgan and his company Bridgemere Group [REF].
Wolves' group parent company, which wholly owns both the "football club company" and the company holding its properties (including its stadium and training facilities), has net assets valued at almost £50 million [REF].