Wolves' owners in talks over buying stake in Belgian club K.V. Oostende
Wolves owners Fosun have opened talks over a potential investment in Belgian club K.V. Oostende as they look into expanding their portfolio of football clubs in Europe. It is understood that Fosun officials will meet representatives from Oostendes owners Pacific Media Group on Wednesday having expressed a serious interest in investing in the club that is currently fighting against relegation from the Belgian topflight. PMG – who are owned by Chien Lee and Paul Conway - also have stakes in several other European clubs including League One side Barnsley, Nancy in France and Kaiserslauten in Germany but are believed to be open to selling their stake in Oostende that they purchased in April 2020 from previous owner Marc Coucke.
Leave a Reply