John Textor, the American businessman behind Eagle Football Holdings, has described a potential takeover of Sheffield Wednesday as “really complicated” and expressed fears that time may be running out to save the club from financial disaster. The Championship side has endured a turbulent period under owner Dejphon Chansiri, with players not being paid on time in five of the last seven months.
Textor, who previously co-owned Crystal Palace and now controls Botafogo, Lyon and RWDM Brussels, acknowledged receiving numerous letters from Wednesday fans urging him to step in. However, he stressed that any deal remains uncertain, citing the complexity of negotiations with Chansiri and the club’s precarious financial position.
Speaking on The Added Time podcast, Textor said: “With respect to Wednesday, I hate to say anything controversial to the fans but the owner, at least in my experience with him, has been very open to new ideas. I’ve had a little bit of interaction. I know he’s very concerned about the club, I know it may not look like it.” He added that he is one of three or four groups being given a hearing by Chansiri.
Textor warned that the club’s situation is urgent, with a young squad and limited time to act. “There’s a lot to figure out with the owner. There is a lot to figure out with the league itself. And there’s not a lot of time to figure it out. We certainly hope it’s not too late,” he said. On the pitch, Wednesday sit 23rd in the Championship with just one win from nine games, above only Sheffield United.
