{"id":70936,"date":"2026-05-07T10:11:15","date_gmt":"2026-05-07T10:11:15","guid":{"rendered":"https:\/\/shefnews.co.uk\/?p=70936"},"modified":"2026-05-07T10:11:17","modified_gmt":"2026-05-07T10:11:17","slug":"sheffield-wednesday-takeover-ensures-a-brighter-future","status":"publish","type":"post","link":"https:\/\/shefnews.co.uk\/index.php\/2026\/05\/07\/sheffield-wednesday-takeover-ensures-a-brighter-future\/","title":{"rendered":"Sheffield Wednesday takeover ensures a brighter future"},"content":{"rendered":"\n<p>US Consortium Arise Capital Partners have purchased Sheffield Wednesday under the leadership of David Storch, an American executive and former chief executive (CEO) of AAR, an aviation company.<\/p>\n\n\n\n<p>Paul Taylor, Community Lead with the SWFC Supporters\u2019 Trust, was elated by the news and said: \u201cTo find ourselves suddenly in a world where the wage restrictions were exponentially eased and the points deduction was zero made all of our heads spin.<\/p>\n\n\n\n<p>\u201cSuddenly, after years of misery and frustration, it was a bright new dawn. Hugely emotional, and a real sense of kinship amongst the supporters who have gone through so much.\u201d<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-9-16 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Sheffield Wednesday fans celebrate takeover\" width=\"563\" height=\"1000\" src=\"https:\/\/www.youtube.com\/embed\/aa98riIlAZM?feature=oembed\"  allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><figcaption class=\"wp-element-caption\"><strong><em>Wednesday fans celebrating against West Bromwich Albion<\/em><\/strong><\/figcaption><\/figure>\n\n\n\n<p>The news was announced on the final day of the 2025\/26 EFL Championship season <a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/c8jvy8ldek1o\" type=\"link\" id=\"https:\/\/www.bbc.co.uk\/news\/articles\/c8jvy8ldek1o\">in front of a sell-out crowd<\/a> at Hillsborough, creating a party atmosphere to match the Honolulu dress code.<\/p>\n\n\n\n<p>It brings an end to the <a href=\"https:\/\/www.theguardian.com\/football\/2025\/oct\/24\/dejphon-chansiri-and-everything-that-has-gone-wrong-at-sheffield-wednesday\" type=\"link\" id=\"https:\/\/www.theguardian.com\/football\/2025\/oct\/24\/dejphon-chansiri-and-everything-that-has-gone-wrong-at-sheffield-wednesday\">torrid reign of previous owner Dejphon Chansiri<\/a>. However, Mr Taylor is encouraged by the early signs from Storch and co.<\/p>\n\n\n\n<p>He said:  \u201cEverything we have seen and heard from the new owners suggests that they are from a different galaxy to their predecessor.<\/p>\n\n\n\n<p>&#8220;Crucially, they understand the need to fully reconnect Sheffield Wednesday with the community; they understand the importance of Wednesday and Hillsborough to the local Sheffield community and beyond.\u201d<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/shefnews.co.uk\/wp-content\/uploads\/2026\/02\/Stadium-With-Turnstiles-1024x768.jpeg\" alt=\"Outside Hillsborough Stadium\" class=\"wp-image-66898\" srcset=\"https:\/\/shefnews.co.uk\/wp-content\/uploads\/2026\/02\/Stadium-With-Turnstiles-980x735.jpeg 980w, https:\/\/shefnews.co.uk\/wp-content\/uploads\/2026\/02\/Stadium-With-Turnstiles-480x360.jpeg 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw\" \/><figcaption class=\"wp-element-caption\"><strong><em>Hillsborough stadium<\/em><\/strong><\/figcaption><\/figure>\n\n\n\n<p><a href=\"https:\/\/www.skysports.com\/football\/sheffield-wednesday-vs-west-bromwich-albion\/report\/534867\" type=\"link\" id=\"https:\/\/www.skysports.com\/football\/sheffield-wednesday-vs-west-bromwich-albion\/report\/534867\">The Owls defeated West Bromwich Albion<\/a> to ensure they avoided the unwanted title of becoming the first ever team in EFL history to finish on minus points, overcoming the 18-point deduction handed to them at the start of the season. <\/p>\n\n\n\n<p>The day was always going to be celebratory regardless of the result, but the faithful fans were also treated to confirmation that the club\u2019s expected 15-point deduction ahead of next season had been <a href=\"https:\/\/www.espn.co.uk\/football\/story\/_\/id\/48654483\/sheffield-wednesday-avoid-15-point-deduction-successful-takeover-arise-capital-partners\" type=\"link\" id=\"https:\/\/www.espn.co.uk\/football\/story\/_\/id\/48654483\/sheffield-wednesday-avoid-15-point-deduction-successful-takeover-arise-capital-partners\">wiped by the EFL<\/a>. <\/p>\n\n\n\n<p>Mr Taylor said: &#8220;If Wednesday are successful, it doesn&#8217;t really matter what division they are in. We know that if we can get near the top of League 1, crowds in excess of 25,000 can be routine, and this can only be good news for local business.<\/p>\n\n\n\n<p>&#8220;The ravages of last season saw some businesses, including much-loved pubs, come close to going out of business. The feelgood buzz generated by the new owners will hopefully\u00a0rub off on local businesses.&#8221;<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sheffield Wednesday&#8217;s new owners were unveiled on Saturday in front of a sell-out crowd.<\/p>\n","protected":false},"author":815,"featured_media":66949,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[415,26,16,86],"tags":[33,158,131,40],"class_list":["post-70936","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-community","category-sport","category-top-stories","category-top-story-4","tag-football","tag-sheffield-wednesday","tag-south-yorkshire","tag-sport"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sheffield Wednesday takeover ensures a brighter future - 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