The proposed takeover of Sheffield Wednesday by American businessman John Textor has descended into acrimony following a stunning public fallout between the Crystal Palace co-owner and current Owls chairman Dejphon Chansiri.
In a dramatic twist, a private text message from Chansiri to Textor has been leaked, revealing the Thai businessman's fury over what he perceives as unprofessional conduct. The message bluntly accuses Textor of using the potential deal for publicity and failing to follow through on his promises.
The relationship has completely shattered, with Chansiri stating in his text, "I don't think you are serious and professional to do the deal... I don't want to waste my time anymore." This public airing of grievances leaves the highly-anticipated takeover in tatters and casts a dark cloud over the Championship club's future.
Deal Collapses Amidst Accusations and Mistrust
Textor, who holds a significant 45% stake in Crystal Palace's parent company, had expressed serious interest in acquiring the Hillsborough club. He had even visited the stadium and held discussions about a potential £30-£40 million investment.
However, negotiations have now spectacularly broken down. Chansiri's leaked text suggests a deep-seated frustration with Textor's approach, accusing him of leveraging the talks for media attention rather than engaging in genuine negotiations. The breakdown highlights the intense pressure and high stakes involved in football club ownership transitions.
Uncertain Future for The Owls
This failed takeover bid leaves Sheffield Wednesday at a critical crossroads. Fans were hopeful that Textor's investment could provide the financial stability needed to rebuild and compete in the Championship following a tumultuous season.
With the deal now off the table, questions will be asked about Chansiri's next move and whether other potential buyers will emerge. The club's passionate fanbase is left waiting for answers, hoping for a resolution that secures the long-term health and ambition of their historic team.
