"Prospective new Sheffield Wednesday owner John Textor has provided an update on the club's takeover situation. The Owls are known to be up for sale, but current chairman Dejphon Chansiri is refusing to budge on his highly inflated asking price, which has resulted in a disastrous campaign so far at Hillsborough. Former manager Danny Rohl left the club along with a whole host of first-team players in the summer, with Wednesday's youth players having been asked to step in, given their ongoing transfer embargo."
"Players at the club have not been paid on time in five out of the last seven months under Chansiri's stewardship, and fan protests are becoming a regular occurrence on matchdays at Hillsborough. John Textor is one name that continues to be linked with a prospective takeover in South Yorkshire, with the 60-year-old currently heading up Eagle Football Holdings, which owns Botafogo, Lyon and RWDM Brussels."
"Textor was also previously involved at Crystal Palace, although he was forced to sell his holdings in the club this summer after UEFA rules permit multi-club ownership, with the Eagles having qualified for the Europa League after winning the FA Cup. Palace's spot was eventually handed to Nottingham Forest, with Oliver Glasner's side forced to settle for a place in the UEFA Conference League."
John Textor has provided an update after exchanging correspondence with Sheffield Wednesday chairman Dejphon Chansiri about a potential takeover. The club remains for sale while Chansiri refuses to lower his asking price, contributing to a disastrous campaign and instability at Hillsborough. Former manager Danny Rohl and many first-team players departed in the summer, forcing youth players into the first team amid a transfer embargo. Players have experienced delayed wages in five of the last seven months, and fan protests have become regular on matchdays. Textor leads Eagle Football Holdings and previously sold his Crystal Palace stake due to UEFA multi-club ownership rules.
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