Wolves targeted for major takeover bid
Wolves have reportedly received a takeover bid worth over £410 million from American businessman John Textor, according to GiveMeSport. The proposal, made through Textor’s Eagle Football Group, comes as the Midlands club endure a torrid start to the Premier League season, sitting bottom of the table without a win.
Textor, who recently sold his stake in Crystal Palace, is seeking to expand his football portfolio, which already includes ownership interests in Lyon, Botafogo, and RWDM Brussels. The offer for Wolves marks his latest attempt to add another major European club to his multi-club network.
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However, sources close to the situation suggest that Wolves’ current owners, Fosun International, are not interested in selling the club outright. The Chinese conglomerate is believed to be open only to minor external investment rather than a full takeover.
Fosun’s position and Textor’s wider ambitions
Textor’s £410m-plus proposal was reportedly met with hesitation due to Fosun’s reluctance to part with full control. A source told The Athletic that Textor “has been exploring multiple clubs in England” and could now shift focus towards Championship teams such as Derby County, Queens Park Rangers, or Sheffield Wednesday.
For Fosun, the challenge remains maintaining financial stability while navigating a difficult sporting period. After years of steady progress in the Premier League under Nuno Espirito Santo, the club have struggled to replicate that success. Investment in new players has not translated into improved results, and manager Vitor Pereira finds himself under pressure after several poor performances.
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Despite speculation over his future, Pereira’s position appears safe for now. The Portuguese coach signed a new three-year deal earlier this year, and GiveMeSport understands the club hierarchy still believe he can turn things around.
Struggles on and off the pitch
Wolves’ problems extend beyond the pitch. A number of high-profile summer signings have failed to settle, while the atmosphere around Molineux has turned tense. Pereira’s confrontation with fans following the late defeat to Burnley typified the frustration surrounding the club’s current trajectory.
Any potential sale or investment would need to address more than transfer budgets. Recruitment, strategic planning and football infrastructure have all been criticised as areas that require improvement.
Whether Textor’s interest reignites or not, Wolves’ future hinges on stabilising the project, both financially and structurally.
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This latest takeover talk offers a mix of intrigue and scepticism. Many fans will see John Textor’s £410m bid as a potential lifeline, particularly given the club’s struggles on and off the pitch. Yet there is also an understandable fear that becoming part of another multi-club ownership model could dilute the club’s identity.
Fosun’s reluctance to sell outright might actually reassure some supporters. After years of investment and ambition, fans want stability rather than uncertainty. However, without fresh funds or a clear football strategy, Wolves risk stagnation at a critical point in the Premier League season.
Supporters are desperate for clarity, both about ownership direction and managerial stability. Pereira’s project has faltered, and fans can sense frustration building within the squad. If results do not improve quickly, pressure will only intensify.
The wider concern is that Wolves are drifting. Whether Fosun secures minority investment or Textor renews interest, supporters will judge ownership by one measure: whether it helps the club compete again. For now, the talk of takeovers feels like background noise to more immediate worries, a team in trouble, a manager under strain, and a fanbase losing faith in the long-term plan.