In what has become something of a weekly ritual for Sheffield Wednesday fans, takeover talk is once again dominating the headlines. But this time, reports are suggesting that actual conversations have taken place between current owner Dejphon Chansiri and American businessman John Textor.
So — has Textor officially entered the ring, or is this just more speculation with a new headline?
Let’s take a look at what we know, what’s being said, and what it might all mean.
What’s being reported?
Multiple outlets including The Daily Mail, TalkSport, and Football Insider have published articles this week suggesting that Textor has now held direct talks with Chansiri regarding a potential takeover of Sheffield Wednesday.
This appears to be a step forward from earlier reports, which only mentioned informal enquiries or third-party discussions.
However, what’s missing from these latest reports is crucial: there are no confirmed dates for when these talks took place, how serious they were, or whether an actual offer is on the table.
Is there anything new in the reports?
Well, kind of.
The articles quote two figures — £100 million as Chansiri’s supposed asking price and £70 million as the price Textor is reportedly willing to pay.
The £70 million valuation has been floating around for months now, ever since Textor sold his stake in Crystal Palace. It’s become the go-to number for any takeover rumour involving him, and at this point, it feels like the media are just recycling the same figure.
The £100 million price tag, however, has been mentioned by a variety of outlets and local journalists, so that could be the more accurate figure Chansiri is working with.
What else is going on with John Textor?
There are two major distractions in Textor’s world right now:
- A court case with Iconic Sports — this took place on 29th and 30th September and reportedly kept Textor in the UK.
- Ongoing issues with Ares Management and Botafogo, the Brazilian club he owns under the Eagle Football Group umbrella.
The Botafogo situation is believed to be the bigger stumbling block. Until that’s resolved, Textor may not even be in a position to move forward with any serious takeover bid.
Has an offer actually been made?
From everything we’ve seen, probably not yet.
While some headlines are implying otherwise, there’s no evidence that Textor has officially submitted a £70 million bid. More likely, the reports are highlighting the potential value of a deal, not confirming one exists.
It’s also believed that the structure of the deal — rather than the valuation — could be a sticking point. There’s strong talk that Chansiri is looking for a structured deal with a lower upfront payment and staggered instalments. That could be a turn-off for someone like Textor, who’s said to prefer more straightforward ownership models.
So, what’s next?
For now, things remain uncertain. There may have been some sort of initial talks, especially with Textor reportedly still in England, but until something official is confirmed — it’s more waiting.
Still, this feels like more than just another rumour. If direct communication has taken place, that’s a step in the right direction — especially if it leads to real movement behind the scenes.
Our Take
While the news is being pushed hard today, there’s nothing drastically new in what’s being said — apart from the suggestion that Textor and Chansiri have now spoken directly.
If that’s true, it’s the clearest indication yet that there may be genuine interest in buying the club — but still, no timeline, no details, and definitely no offer on the table just yet.
From what we’ve gathered, the bigger obstacle right now isn’t the club’s valuation — it’s the type of deal being discussed and the external issues Textor is still trying to resolve with his other business ventures.
As always, it feels like we’re stuck in this strange waiting room between hope and frustration.
What do you think?
Do you believe John Textor is serious about buying Wednesday — or is this just more media noise? Join the conversation with us on social media.
Note
This article is based on reporting from The Daily Mail, TalkSport, Football League World, The Mirror, and Football Insider. All claims have been drawn from these verified public sources.
