I don't want to be a kill joy but:
The Chinese Government have stated in the last 6 months that they want to see China become a global football power on the world stage. This plays into their "soft power" narrative of trying to gain influence through cultural and other means.
This has led to a number of Chinese based billionaires, all of whom could easily wake up one day to find their assets have been confiscated by the state, to "head the call" and start buying up football clubs, be that Chinese Superleague clubs like Shanghai Shenhua, or English clubs like Athletico Madrid, Aston Villa and Wolves.The cynic in me (and many business commentators) says that they are simply trying to keep on the good side of Xi Jinping. The other factor is of course gaining assets outside of China that cannot be confiscated so easily, which includes football clubs (which in their mind, always seem to be unaffected by economic trends like recessions).
The likes of Tony Xia and the Fosun group may well not put any of their own money into the clubs, and could simply run the clubs as any other owners do (Look at QPR nowadays with one of the richest men in the world having a shareholding).
For this reason, I don't think we should expect untold riches if the Wanda group do eventually buy the Albion. The fact they failed to convince Peace last year that they had the money to buy the club does give me cause to be realistic.
The big positive however is that the Wanda group, if they do take over, have a history with Athletico Madrid which will hopefully give them a good grounding in how to run a successful football club.
