At All In: Texas, Hangman Adam Page completed his redemption story by capturing the AEW World Championship by defeating Jon Moxley in a Texas Death Match. At Forbidden Door 2025, Hangman defended his title against MJF and managed to successfully retain it after a hellacious encounter.Meanwhile, the All Out pay-per-view is scheduled for September 20. It will go head-to-head with WWE's Wrestlepalooza Premium Live Event. Hangman Page's challenger has yet to be announced for the upcoming PPV. Here are three stars who may challenge The Cowboy at All Out 2025:#3. MJF still has the AEW World Title contractAt All In: Texas, Maxwell Jacob Friedman won the Men's Casino Gauntlet Match to earn a future AEW World Championship bout. While he seemed set to cash in his contract at Forbidden Door 2025 after being cajoled by The Cowboy, MJF forced Hangman Page into accepting a set of demands related to their title match after threatening to set Mark Briscoe on fire. One of those demands involved Friedman challenging for the gold without having to execute his contract. Hence, Maxwell can still cash in his contract despite losing the title match at Forbidden Door. As MJF is still pursuing the AEW World Championship, he could decide to execute his Casino Gauntlet contract at All Out. But he has to announce the same at least a week in advance, according to the new rule.#2. Kyle FletcherAfter Hangman Page retained his title at Forbidden Door 2025, he was interrupted by The Don Callis Family on Dynamite this past Wednesday. Don Callis confronted Hangman alongside his faction because he is eyeing Page's title now.To pursue the AEW World Championship for his group, Don Callis could put Kyle Fletcher in a position to challenge Hangman at All Out 2025. Fletcher is currently the TNT Champion, and he has been one of the fastest-rising stars on the roster over the past year. Hence, Kyle now has a case to challenge for the company's top prize.#1. Kenny OmegaThe history between Hangman Page and Kenny Omega in All Elite Wrestling is well-documented. The two superstars were tag team champions back in 2020 and were stablemates as part of The Elite. Hangman notably won his first AEW World Title by defeating The Cleaner at Full Gear 2021.This past Wednesday on Dynamite, Kenny Omega came out to save Hangman Page from a beatdown by The Don Callis Family. The two are set to join forces for an eight-man tag match next Wednesday. After they are done teaming up, Kenny could very well challenge Hangman for the World Title at the All Out 2025 pay-per-view.Kenny Omega vs. Hangman Page has the potential to compete with the main event bout that WWE books for its Wrestlepalooza PLE. It will be interesting to see who challenges Hangman for the All Elite Wrestling World Championship next.