New Wolves owners' transfer cash
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Wolverhampton Wanderers' Chinese owners say £20-£30m on players a 'necessity'

The new Chinese owners of Wolverhampton Wanderers say their capacity for investment is "huge".

Fosun International's representative Jeff Shi set out their ambitions during a press conference at Molineux on Monday.

"Our capacity for the investment is huge. Any investment into the club will not be a problem for us."

Fosun is thought to have paid £45m to buy the club from Steve Morgan and is looking to add up to eight players to the squad.

  • 25 Jul 2016