What's the connection with Wolves?
It's mad Neves agreed to go to Wolves. He has captained Porto in the CL and takes a drop to the championship.
#AgentPower
[article]Mendes’s relationship with the Fosun conglomerate, which bought the club last summer from the house-building magnate Steve Morgan, goes beyond friendship and advice: they have a business partnership and
Mendes has been central to Fosun’s moves into football.
He is understood to have helped identify Wolves as a prospect to buy, when like other Chinese investors Fosun followed China’s president Xi Jinping’s call in 2015 for the country to expand its football power at home and overseas.
The former Chelsea chief executive Peter Kenyon, who has worked with Mendes for years including in a company buying third-party ownership stakes in players, is understood to have acted for Fosun in negotiating the Wolves takeover.[/article]
[article]Like other prominent agents, Mendes was quick to make his services available to the huge new flow of Chinese interest and money in football, before Xi reversed the policy last year after China’s clubs paid huge fees to sign players, and Wolves, Birmingham City, West Bromwich Albion and Aston Villa, among other European clubs, had been bought.
Shanghai Foyo, a company majority owned by Fosun’s chairman, Guo Guangchang, bought stakes in Mendes’s agency Gestifute’s holding company, Start. In January 2016 Gestifute and Shanghai Foyo launched a marketing and football agency joint venture in Chinese football with a glitzy event in Shanghai attended by Guo, Mendes and senior figures from Benfica and Monaco, clubs where Mendes has been key to transfers.
Fosun, which owns huge industrial, pharmaceutical and entertainment holdings, then bought Wolves after Morgan became disillusioned with his treatment from a section of supporters and decided to sell.
Fosun, owned by Guo and two other shareholders, paid £30m, returning the investment Morgan had made after buying Wolves for £10 from the former owner, Sir Jack Hayward, in 2007. The then chief executive, Jez Moxey, decided not to stay on, partly looking for a change after 16 years but partly, it is understood, because he did not relish the influence Mendes would have with the owners and on recruitment of players.
Morgan and Moxey ran Wolves prudently despite the disappointment of double relegation from the Premier League to League One in 2012 and 2013. The club bought land for development around Molineux, invested in the stadium, training ground and facilities, were promoted back to the Championship in 2014, and made a £6m profit last year.[/article]
Full article here:
https://www.theguardian.com/footbal...ndes-wolves-influence-chinese-owners-signings