Shockwave Hits Wolves: Under-Fire Chairman Steps Down Amidst Club Turmoil!
Jeff Shi, the executive chairman of Wolves, has announced his departure from the role after nearly a decade at Molineux. The 48-year-old steps down at a challenging time for the club, which is currently winless and positioned at the bottom of the Premier League table with just two points.
While stepping away from his operational duties with Wolves, Jeff Shi will continue his tenure as chairman and chief executive of Fosun Sports Group. His interim replacement at Wolves will be Nathan Shi, who has no familial relation to Jeff Shi. Nathan Shi has been an integral part of owners Fosun since 2016, bringing a wealth of experience to his new, temporary position.
In his statement regarding his departure, Jeff Shi expressed profound gratitude for his time at the club.
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