Finance Guru: David Storch to deal with Sheffield Wednesday's ‘big issues’ after finalising takeover
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(Credit: Imago) Mon 11 May 2026 14:42, UK Sheffield Wednesday’s new owner David Storch will deal with the “big issues” at Hillsborough after finalising his takeover. However, the EFL confirmed Sheffield Wednesday will not be deducted a further 15 points next season after former owner Dejphon Chansiri failed to engage with offers for the club.
SHEFFIELD WEDNESDAY REBORN— Sheffield Wednesday (@swfc) May 2, 2026 View Tweet MORE FOOTBALL INSIDER STORIES How Sheffield Wednesday avoided 15-point deductionThe 15-point penalty was expected to be enforced due to Arise’s offer not meeting the EFL’s requirement to repay creditors 25p in the pound, with Chansiri needing to be paid £15million of the £60m he loaned Sheffield Wednesday. DateEvent24 October 2025Deducted 12 points after entering administration1 December 2025Deducted six points for breaching EFL regulations24 December 2025James Bord named as preferred bidder22 February 2026Sheffield Wednesday relegated to League One25 February 2026James Bord pulls out of takeover deal10 March 2026David Storch named as preferred bidder2 May 2026David Storch completes Sheffield Wednesday takeoverSheffield Wednesday’s timeline of events this seasonSpeaking exclusively to Football Insider, Borson discussed the situation at Sheffield Wednesday following Storch’s takeover.
“They dealt with that, and they dealt with the EFL problem on the 15 points.” How Dejphon Chansiri missed Sheffield Wednesday deadlineBorson revealed Sheffield Wednesday’s owners are unlikely to deal with Chansiri again after he missed a deadline to accept an offer that could have seen him receive future money from the club. “Chansiri apparently missed his deadline for a deal on his debt, so I don’t know what’s going to happen there, but presumably they don’t care anymore because they’ve got away with the 15 points on the EFL rules,” said Borson.