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Jeff Shi, Wolves Chairman: ‘How to Succeed in the Premier League & Be Financially Sustainable’

Business of Sport

Release Date: 07/01/2025

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This week, we’re delighted to welcome Wolves Chairman Jeff Shi to the show. Having been at the club since 2016, he has been a key part of the club’s rise from Championship survival to top half Premier League finishes and European quarter finals. Currently enjoying their longest run of Premier League football, there is a lot to be proud of. 

Jeff hasn’t done a huge amount of interviews. With the club surviving a tricky period last year when their top flight status was at risk for half the season, now is the time to talk to the fans and wider football community about both his ambitions for the club moving forward and how he believes a club needs to be run to bring both stability and success. He is candid in his reflections; it took him a while to understand what it really takes to run a club in this country. But in this era where there is a demand for access and insight into our top teams, a Premier League Chairman keen to come and open up on his philosophies and development plans is to be admired.

From signing top European players while in the Championship to building for the future with Vitor Pereira, it’s time to take a look inside a top Premier League team.

On today’s show we discuss:

The Wolves Project:

  • Why Wolves is still seen as a project in progress and how the club has evolved under Fosun’s ownership
  • What kind of long-term vision Fosun has for the club, and why sustainability now outweighs pure spending
  • Balancing business logic with football emotion 
  • How Wolves preserve their club identity while operating as part of a global group
  • Why Jeff sees his role as a ‘guardian’, not just a CEO and how he tries to protect Wolves' long-term future

Player Trading and Squad Building:

  • How Wolves approach squad construction after big-name departures
  • Why Jeff doesn’t regret selling key players and what he looks for in a signing beyond just talent
  • How Jorge Mendes, data, and direct club scouting all influence Wolves’ recruitment model
  • The economics of selling academy players and why the club must now “sell smart”
  • Why Wolves is one of the best clubs in Europe for young players to develop

Financial Reality of the Premier League:

  • Why Wolves' net spend has dropped and why that doesn’t reflect a lack of ambition
  • How the club is adapting to stricter FFP regulations and evolving its internal culture
  • What fans misunderstand about sustainability, profit, and the cost of competing with richer clubs
  • The challenge of stadium redevelopment and how infrastructure investment plays into the club’s future

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