Fosun sticks with Wolves amid exodus of Chinese owners from English soccer

SEOUL -- In December, Wolverhampton Wanderers was near the bottom of the English Premier League, meaning the club was at risk of dropping out of the world's most popular and lucrative soccer league. As often happens in the cutthroat world of elite football, the head coach paid the price: English manager Gary O'Neil was replaced by Portugal's Vitor Pereira.

While fans often pin the blame for poor results on the coach or the players, there has been growing criticism of the club's owner: Chinese conglomerate Fosun Group.