In July 2025, Textor sold his stake in Crystal Palace to New York Jets owner Woody Johnson in a deal reportedly worth £190M as he stepped away from the club in a bid to help the side's prospects of playing in Europe.
A takeover could happen
Textor is one name that continues to be linked with a prospective takeover in South Yorkshire as he attempts to save Wednesday from going under.
Speaking on The Added Time podcast, he was asked about his plans and gave a lengthy message to supporters.
“I do get a lot of letters from the fans. With respect to Wednesday, I hate to say anything controversial to the fans but the owner, at least in my experience with him, has been very open to new ideas. I’ve had a little bit of interaction, some direct.
“I know he’s very concerned about the club, I know it may not look like it. What changes he’s had in his life that’s led to this separation between his future and the club’s future, I don’t want to comment about that.
“I will say that more recently I’ve been pleased by their open-mindedness to talk about ideas. I would say it’s really complicated. Wednesday is one of the clubs we’ve been looking at.”
Time is running out
Wednesday players weren’t paid on time for the month of September as the club continues to let down those who work tirelessly for it. Textor says time is running out to make a deal as the club worsens and slowly slips down to League One this season.
“And there’s not a lot of time to figure it out. I think, gosh, it probably seems like half or two thirds of that squad are under the age of 21 and by the time we can even get in and address things, if we were to reach a deal with the club, we certainly hope it’s not too late.
“They’re fighting hard. The fans are supporting the squad if not the owner necessarily, and everyone is rooting for it to work out, but I think it’s been a bit overstated the extent we are involved in that situation.
“We’re one of, I think, three or four groups that are getting an appropriate amount of open-mindedness from the owner.”