US EditionUS consortium completes purchase of beleaguered Sheffield Wednesday and says the club is ‘reborn’
- On Saturday, May 2, 2026, U.S. consortium Arise Capital Partners completed its purchase of Sheffield Wednesday, officially ending the club's administration. The English Football League Board waived a threatened 15-point deduction, allowing the club to begin next season on 0 points.
- The takeover concludes the tenure of outgoing owner Dejphon Chansiri, whose ownership spiraled into severe financial distress, unpaid wages, and administration in October 2025 after previous sale attempts collapsed in February.
- New owner David Storch faces significant infrastructure challenges at the 158-year-old Hillsborough stadium, including inadequate water supply and insufficient electrical capacity for essential upgrades. A sold-out crowd of almost 35,000 will gather Saturday to celebrate the new era.
- Arise has already initiated leadership changes, appointing a new CEO and director of football. The consortium stated, "Today, this club is reborn," emphasizing commitment to stability, responsibility, and the long-term future.
- Storch has outlined short and medium-term plans to deliver stability while rebuilding the squad, a monumental challenge given the club's worst season in English league history. The new owner begins with significant supporter goodwill earned through engagement with the local community.
30 Articles
30 Articles
Sheffield Wednesday out of administration as US consortium brings end to Chansiri era
The takeover brings an end to a turbulent few seasons for Sheffield Wednesday and offers hope after a particularly torrid latest campaign including administration and a demotion to League One
US consortium completes purchase of beleaguered Sheffield Wednesday and says the club is ‘reborn’
SHEFFIELD, England (AP) — An American consortium has completed the purchase of Sheffield Wednesday, ending the historic English club’s long takeover saga and the controversial tenure of former owner Dejphon Chansiri. Arise Capital Partners, fronted by U.S. businessman David Storch, takes over a club — founded in 1867 — that will be playing in the third tier next season after years of financial turmoil. The acquisition was announced Saturday, on …
Idaho Press
US consortium completes purchase of beleaguered Sheffield Wednesday and says the club is 'reborn'
An American consortium has completed the purchase of Sheffield Wednesday to ending the historic English club’s long takeover saga and the controversial tenure of former owner Dejphon Chansiri. Arise Capital Partners, fronted by U.S. businessman David Storch, takes over a…
Sheffield Wednesday out of administration after sale to US consortium completed
May 2 : Sheffield Wednesday are no longer in administration after the second-tier Championship club confirmed the completion of their sale to Arise Capital Partners on Saturday while the Football League opted not to impose a 15-point penalty.The American consortium, led by David Storch, Michael Storch and Tom
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