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Re:

Did John McEvoy Look Likeliest to Buy Sheffield Wednesday? What Happened

Arise Capital Partners completed Sheffield Wednesday’s takeover in May 2026, but the result alone cannot show whether John McEvoy was the likeliest bidder when an earlier claim was made.
From TheFinanceBase Team2 min to read
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No: Sheffield Wednesday’s takeover was completed by Arise Capital Partners on 2 May 2026, not by John McEvoy as named in the claim. But the completed sale does not establish whether McEvoy was reasonably described as the likeliest bidder when the earlier claim was made; its original source and date are needed to judge that.

Who completed Sheffield Wednesday’s takeover?

Arise Capital Partners LLC completed the takeover in May 2026. The consortium was led by David Storch and included Michael Storch and Tom Costin. The administrators’ 10 March preferred-bidder announcement said Arise had provided a substantial deposit and evidence of funds, and called its proposal the strongest received in the renewed bidding process.

On 2 May, the English Football League (EFL) confirmed that the administrators had concluded an agreement with Arise to transfer the club’s assets. The administrators’ 5 May completion notice also confirms the sale and names the same consortium members.

What did the takeover mean for the club?

The EFL said Wednesday had met the relevant league requirements under its new ownership and was no longer regarded as being in administration. It also said it would not impose a 15-point deduction following the club’s exit from administration. At the time of its 2 May statement, the EFL said the club would remain under a budget restriction for the next two seasons and that player registrations had to comply with a business plan agreed with the league. Those conditions describe the position announced at completion, not necessarily later seasons.

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Can the result show whether McEvoy was the likeliest bidder?

No. The sale establishes who ultimately bought the club; it does not show who appeared most likely to succeed at an earlier point in the process. The sources confirming the outcome do not establish the original claim’s author, publication date, supporting evidence, or whether McEvoy was involved in a bid.

To assess whether “most likely” was fair at the time, a reader would need the original article or statement and its date. Any comparison should rely on evidence available then—such as formal preferred-bidder status, administrator comments about a deposit or proof of funds, disclosed terms, and progress through EFL requirements. The completed sale alone cannot support a historical ranking of bidders.

What is confirmed—and what remains unknown?

  • Confirmed: Arise Capital Partners completed the takeover in May 2026, with David Storch, Michael Storch and Tom Costin named as consortium members. BBC Sport’s 2 May report also reported the takeover and the end of Dejphon Chansiri’s ownership.
  • Confirmed: The EFL said the club had met relevant requirements, had left administration, and would not receive a 15-point deduction as a result of that exit.
  • Not established: Whether McEvoy was ever a bidder, how likely his success appeared at the time, or whether the claim was accurate when published. The available outcome reporting does not answer those historical questions.

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