Guardian: Lyon boss Tector intends to acquire Xie Zhousan, who is in a financial crisis
11:07am, 12 August 2025Football
The Guardian reported that Lyon boss and American businessman John Tuctor intends to acquire Sheffield Wednesday.
John Tuctor has formed an alliance with football finance expert Keith Harris to try to acquire the crisis-in-the-climax Xie Wednesday club. Harris, who had traded the acquisition of West Ham, Manchester City and Aston Villa, led the consortium to bid for Everton last year, but failed.
Tector previously failed to bid for Everton through Eagle Football Investment Company, and the two established a cooperation with Harris' Sportsbank agency (which had offered £230 million this year to acquire 45% of Eagle Football's equity). The American's multi-club system includes Lyon, Bottafogo and Molenbeck, who sold the largest stake in Crystal Palace to Woody Johnson last month.
The UAE-US investment group Sportsbank, led by Zakaria Janjuya and Nafshir Jafur, ended up not completing the transaction, and Tector chose to promote Hawks to list on the New York Stock Exchange. The bidding for Xie did not involve the agency on Wednesday, and Harris is assisting Tuctor in seeking other financing channels.
Xie is in critical condition on Wednesday. The boss Chasily has contacted several buyers this summer. He rejected a £40 million offer in June, and his psychological price is believed to be close to £100 million. Players have suffered wage arrears four times in the past five months, and they did not pay their wages until they received £2.7 million in solidarity payments from the Premier League last week. The next payment will be in January next year.
Although it will win a monthly share of £460,000 in the Champions League this week, the crisis is still fermenting. The North Stand of the Stadium may need to adjust the fan seats in the first home game against Stoke City this Saturday because it has not been certified for safety. At the same time, the shortage of funds caused some players to pay the pre-match hotel fee for the loss to Leicester City 1-2 on Sunday. According to the current plan, the away overnight trip this season will be greatly reduced, and in principle, only Sheffield will be scheduled to travel the same day.
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