John Textor wants to buy Wolverhampton: what is known about the intentions of the American businessman.

Target on Wolves

According to The Sun: Former Crystal Palace owner John Textor is reportedly planning to acquire the Wolves club. The 60-year-old American businessman previously sold his stake in Palace to New York Jets owner Woody Johnson. This decision became necessary after the 'Eagles' found themselves at risk of being excluded from the Europa League due to multi-club ownership rules.

“They found themselves in a difficult situation, and this decision allowed me to continue my business ventures.”

Textor is already negotiating with Wolves' management for a potential buyout of the club, as he aims to expand his sports empire. Through this deal, he seeks to create new opportunities for the team's development.

This could be an important step not only for Textor but also for Wolves, who have long sought stability after a series of changes in leadership. Observers of the situation are awaiting further information about the deal and its impact on the club's future.