John Textor has expressed interest in acquiring Sheffield Wednesday and is expected to hold talks with owner Dejphon Chansiri, according to sources. The American businessman has contacted Chansiri’s representatives and hopes to meet next week after arriving in the UK. The asking price is believed to be around £100m, though it is unclear if Textor will meet that figure.
Chansiri has engaged with several potential buyers this summer, having previously rejected a £40m offer from an unnamed American group. Textor recently sold his 44.9% stake in Crystal Palace and is keen to reinvest in English football. He sees Wednesday as a historic club in need of revival, similar to his successful turnaround of Botafogo in Brazil.
The club has faced financial difficulties, failing to pay wages on time in March, May and June. Fans boycotted Tuesday’s Carabao Cup match against Leeds in protest against Chansiri’s ownership. The EFL has expressed concern over the club’s finances, and the squad has been depleted with manager Danny Röhl and key players leaving this summer.
Additionally, Hillsborough’s North Stand was briefly deemed unsafe by the local council. If Textor’s takeover proceeds, he plans to prioritise investment in the playing squad. Textor is also working on an IPO for his football investment firm Eagle Football Holdings.
