Former Crystal Palace investor John Textor has reportedly made a £400million offer to buy Wolverhampton Wanderers, as frustration mounts among supporters towards current owners Fosun. Wolves are the only side in England’s top six divisions yet to record a league win this season, and their stoppage-time defeat to Burnley left them bottom of the Premier League and six points from safety.
00:01Former Crystal Palace investor John Texter has reportedly made a £400m offer to buy Wolverhampton Wunderers.
00:08That's frustration mounts among supporters towards current owners Fosun.
00:13Wolves are the only sign in England's top six divisions yet to record a league win this season
00:18and their stoppage time defeat to Burnley left and bottom of the Premier League and six points from safety.
00:24Fans voiced their anger at full time chanting for Fosun to sell and telling head coach Vitor Pereira you're getting sacked in the morning.
00:32As revealed by The Athletic, Texter who sold his Palace stake in the summer has tabled a bid compromising £150m in cash and £260m in shares.
00:44The American who owns stakes in Lyon, Botafogo and RWDM Brussels to his Eagle football group
00:50is said to admire Wolves' long-standing Portuguese recruitment model,
00:54which complements EFG's focus on developing South American talent for the European market.
01:01However, Wolves' sources insist the club is not for sale and are instead exploring external investment options.
01:08Texter's approach comes amid ongoing financial and legal complications surrounding his wider football empire.
01:14A Brazilian court recently ordered him to reverse his resignation as Lyon president.
01:20While lenders, EFG's management continues to pursue repayment of £425m loans for the French club.
01:29The UK court allowed his attempt to dismiss £70m from EFG shareholders Iconic Sports set for trial next year.
01:37Amid takeover speculation and poor results, Pereira called for unity.
01:42We understand the frustration of supporters, he said.
01:45If we fight together, we can win games and achieve our goals.
01:48Wolves came from two down through Jorgen Strand-Larsen and Martial Manetzi
01:54before Burnley's fifth-minute stoppage time winner sealed their fate.
01:59If I was a supporter, I'd feel proud of my team's spirit, added Pereira.
02:04Wolves chose Chelsea in the League Cup last 16 before travelling to Fulham in the league
02:09as the search for their first league victory goes on.
02:13Wolves chose Chelsea in the league as the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the first league of the
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