MX23RW : Tuesday, July 2 10:35:39| >> :120:84122:84122:

Wolverhampton Wanderers 'unaffected' by Thomas Cook collapse

Wolves 'unaffected' by Thomas Cook collapse
© Reuters
Wolverhampton Wanderers will be 'unaffected' by the collapse of travel agent Thomas Cook, despite their owner's stake in the failed company, according to a report.

Wolverhampton Wanderers are reportedly set to be 'unaffected' by the collapse of travel agent Thomas Cook, despite their owner's stake in the failed company.

Thomas Cook collapsed on Monday morning, with thousands of staff across the world losing their jobs and numerous holiday-goers needing to be repatriated.

Chinese group Fosun, who own Wolves, had an 18.1% stake in Thomas Cook and it is expected to cost the group hundreds of millions of pounds, with many expecting that to have a knock-on effect on the Midlands club.

However, Sky Sports News reports that this will not be the case, as the investment in the travel company was just a small portion of Fosun's sizeable worldwide portfolio.

The Shanghai conglomerate bought Wolves in 2016 from Steve Morgan and they have since overseen their rise back to their Premier League and their qualification for a maiden campaign in the Europa League.

ID:372800: cacheID:372800:1false2false3false:QQ:: from db desktop :LenBod:restore:1292:
Restore Data
Share this article now:
A general of view of Molineux during the Sky Bet League One match between Wolverhampton Wanderers and Carlisle United at Molineux on May 3, 2014
Read Next:
Wolves MD vows to learn "lessons"
>
Read more about Steve Morgan Football
rhs 2.0
Euro 2024 fixtures header
Tuesday, July 2
 
8pm
Friday, July 5
 
5pm
Quarter-Finals
Spain
vs.
Germany
 
8pm
Quarter-Finals
Portugal
vs.
France
Saturday, July 6
 
5pm
Tuesday, July 9
Wednesday, July 10
Sunday, July 14
Tables header RHS

Group A

TeamPWDLPTS
Q Germany Germany32107
Q Switzerland Switzerland31205
3 Hungary Hungary31023
4 Scotland flag Scotland30121

Group B

TeamPWDLPTS
Q Spain Spain33009
Q Italy Italy31114
3 Croatia Croatia30212
4 Albania national flag Albania30121

Group C

TeamPWDLPTS
Q England flag England31205
Q Denmark Denmark30303
Q Slovenia Slovenia30303
4 Serbia Serbia30212

Group D

TeamPWDLPTS
Q Austria Austria32016
Q France France31205
Q Netherlands Netherlands31114
4 Poland Poland30121

Group E

TeamPWDLPTS
Q Romania Romania31114
Q Belgium Belgium31114
Q Slovakia Slovakia31114
4 Ukraine Ukraine31114

Group F

TeamPWDLPTS
Q Portugal Portugal32016
Q Turkey Turkey32016
Q Georgia Georgia31114
4 Czech Republic Czech Republic30121


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
Argentina's Lionel Messi kisses the World Cup trophy after collecting the Golden Ball award on December 18, 2022Sign up for our FREE daily preview newsletter direct to your inbox!