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How John McEvoy Made His Money—and What Happened to His Sheffield Wednesday Bid

John McEvoy’s reported wealth comes from mobile-device distribution and later equity investments, but no verified net-worth figure is available. His Sheffield Wednesday bid did not lead to ownership.
From TheFinanceBase Team2 min to read
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Reporting traces John McEvoy’s wealth to a San Diego mobile-device distribution business and later investments, including reported minority stakes in sports teams and an interest in talent management. No reviewed source provides a verifiable net-worth figure or explains how much each venture contributed. McEvoy was linked to a Sheffield Wednesday takeover bid in 2025, but the club’s new owner was announced in May 2026 as Arise Capital Partners LLC.

What is known about how John McEvoy made his money?

Sports Business Journal, relaying reporting by The Telegraph in October 2025, described McEvoy as the founder of a San Diego-based mobile-device distribution company and said he later built a portfolio of equity interests. The account did not name the company or disclose its revenue, McEvoy’s ownership share, when it was founded or sold, or any sale proceeds. Those details are not established in the reporting cited here. Sports Business Journal

The same account identified interests in talent-management company Various Artists and in the Nashville Predators and Colorado Rockies. The Guardian also described McEvoy as holding minority interests in the two sports teams. The available reports do not give precise ownership percentages or current valuations, so these holdings show the kinds of investments attributed to him, not a calculable personal fortune. The Guardian

Is John McEvoy a billionaire?

Some media coverage has used the label “billionaire,” but the sources reviewed do not publish a calculation, supporting financial documents, or a breakdown of McEvoy’s assets and liabilities. There is no independently verifiable net-worth figure here to report as fact. The most defensible account is that his reported business background began in mobile-device distribution and that he later held a portfolio of equity interests; the size and composition of his wealth remain undisclosed in these sources.

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Did John McEvoy buy Sheffield Wednesday?

No. McEvoy was reported as a potential buyer in late 2025, but the takeover did not result in his becoming the club’s announced owner. The ownership process developed over several months:

  • 28–29 October 2025: The Telegraph, as reported by Sports Business Journal, named McEvoy among candidates for the club. The report also said he had previously explored buying Coventry City. It established reported interest, not an accepted offer.
  • 1 November 2025: The Guardian also reported that McEvoy was believed to be among the interested parties.
  • 19 December 2025: ITV reported that the US consortium headed by McEvoy had been unable to provide the required non-refundable deposit and that Mike Ashley was then the remaining bidder. That was a report about the process at that point, not its eventual outcome. ITV News
  • 24 December 2025: The BBC reported that David Storch’s bid was in partnership with Tom Costin, despite earlier talk of a possible partnership with McEvoy. This was a later account of Storch’s bid and does not show that McEvoy had never been interested. BBC Sport
  • 2 May 2026: The English Football League announced that administrators had agreed a sale to Arise Capital Partners LLC, led by David Storch alongside Michael Storch and Tom Costin, and confirmed Sheffield Wednesday was under new ownership. EFL
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What can—and cannot—be concluded about his fortune

The available reporting supports a broad outline: a business in mobile-device distribution followed by investments across several sectors. It does not establish the distribution company’s name, a sale price, investment returns, the present value of his stakes, or a reliable total net worth. Any precise figure or claim about which investment made him richest would go beyond what these sources document.

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