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Textor Opens Talks to Buy Sheffield Wednesday as Wage Crisis Deepens

A steep price tag remains the main obstacle to a rescue bid under tight EFL restrictions.

Overview

  • Former Crystal Palace investor John Textor has discussed a takeover with owner Dejphon Chansiri, though sources say a deal remains distant.
  • Chansiri is reported to want about £100m for the club, with suggestions he could consider offers near £70m.
  • Players were not paid on time for September, the fifth delay in seven months, while non-playing staff received £1,000 and the squad asked that staff be paid in full first, a stance echoed by manager Henrik Pedersen.
  • talkSPORT reports players have threatened to refuse to train after the latest missed wages as pressure builds on the hierarchy.
  • Wednesday face five EFL embargoes, including a ban on fee-paying transfers until the end of January 2027, with reports warning of administration risk and potential points deductions if the cash crisis continues.