Wolverhampton Wanderers executive chairman has promised that the coronavirus pandemic has not affected the club’s long-term plans.
After a mammoth, 13-month season, Wolves secured a second, successive seventh placed finish, surpassing their points total from the previous campaign.
Despite that, Wolves will be without European football next term, with head coach Nuno Espirito Santo keen to improve the squad.
“We need players that can make us stronger, no doubt about it,” the Portguese admitted after the Europa League defeat to Sevilla earlier this month.
And Shi has revealed the club’s recruitment team are working around the clock – but will not be rushed into making deals that aren’t right for the club.
“The transfer window is now open until October 5, which is a long window,” Shi told the club’s official site. “We’ll keep working hard, but we will stick to our principles and not rush into anything that isn’t right for us.
“We will wait and when the time comes, we will go for it, but if we don’t see a perfect target, we have to wait – we still have two months.
“Our recruitment team are not resting, they are working night and day, and I’m deeply involved in any transfer discussion and decision. For the next two months, 50 per cent of my job will be about recruitment.”
Since they purchased the club in 2016, Fosun have maintained their ambition to gate-crash not only the top-four in England, but to rival the top teams in world football.
However, with the Covid-19 outbreak affecting finances across the game, there have been concerns that those plans could be derailed or delayed in the unusual financial climate.
But Shi has reassured supporters that in the long-term, the aims remain the same and that the ceiling is still being set an extraordinarily high level.
He added: “In the long-term, our aims are still the same. There has not been any change. Even in a really big pandemic that could go on for more than a year, that time frame is still a small part of our 10-year, 20-year plan.
“For our long-term aims, I’ve repeated it many times, we want to be an elite team in the world, and also a top brand in the world, but we are not in a rush.
“We want to do things steadily, step-by-step, to build the club to that level.”