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How John McEvoy and the Storch Family Made Their Money—and Who Bought Sheffield Wednesday

McEvoy’s reported business interests and the Storchs’ aviation background explain their public profiles, but not their personal fortunes. Arise Capital Partners completed Sheffield Wednesday’s asset transfer.
From TheFinanceBase Team3 min to read
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John McEvoy’s reported business interests include a mobile-device distribution company and investments in entertainment and sports. David Storch’s public business background is in aviation services, including leadership of AAR. But the sources cited here do not verify either man’s personal net worth or show how much any bidder contributed to Sheffield Wednesday’s purchase. The club’s assets were ultimately transferred to Arise Capital Partners, a consortium of David Storch, Michael Storch and Tom Costin—not a McEvoy–Storch group.

How did John McEvoy make his money?

A Sports Business Journal profile published on 29 October 2025 described McEvoy as the founder of a San Diego-based mobile-device distribution company. It also reported that his investment portfolio included a minority stake in talent-management company Various Artists and minor ownership stakes in the Nashville Predators and Colorado Rockies.

Those details describe reported business activity and investments; they do not provide a balance sheet, the value of his holdings, or a verified personal net-worth figure. The same distinction matters when interpreting descriptions of McEvoy as wealthy: the coverage cited here does not establish a precise fortune.

Who are David and Michael Storch?

In a BBC report published on 24 December 2025, David Storch was described as an aviation-services executive, founder and managing partner of Arise Capital Partners, and former chief executive of aviation-services company AAR. The report said his son Michael worked with him at Arise.

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Companies House records provide a separate kind of evidence: David Storch is listed as a person with significant control of SWFC Sports Holdings 2026 Limited, with 75% or more of shares and voting rights through control over trustees of a trust. The company’s officer record lists David Storch, Michael Storch and Thomas Andrew Costin as active directors. These filings establish formal company roles and control, not the Storch family’s total wealth or the value of its assets.

Was John McEvoy part of the final takeover?

McEvoy and members of the Storch family were reported as possible joint bidders in a BBC report on 6 December 2025. That reported possibility was not the final ownership structure. The consortium named by the administrators and involved in the completed asset transfer was Arise Capital Partners, comprising David Storch, Michael Storch and Tom Costin.

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Who actually bought Sheffield Wednesday?

On 10 March 2026, Sheffield Wednesday’s joint administrators named Arise Capital Partners as preferred bidder. They said the consortium had provided a substantial deposit and evidence of funds. Its offer was below the amount needed to pay creditors 25p in the pound, but it was the strongest proposal then available.

On 2 May 2026, the English Football League confirmed that the asset-transfer agreement with Arise had concluded and Sheffield Wednesday had left administration. The administrators also confirmed completion and the agreed wage and transfer parameters.

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What happened to the club’s points and spending restrictions?

The EFL said it would not impose a 15-point deduction for the club’s exit from administration. It also said Sheffield Wednesday would remain subject to a budget restriction for the next two seasons and could sign players under an agreed business plan. The waiver of a points deduction therefore did not mean the club was free of financial controls.

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What the public record does—and does not—show

Question What the cited sources establish
McEvoy’s reported business activity Founder of a mobile-device distribution company; reported interests in Various Artists, the Nashville Predators and the Colorado Rockies. (Sports Business Journal, 29 October 2025)
Storch’s reported business background Aviation-services executive, AAR’s former chief executive, and Arise Capital Partners founder and managing partner. (BBC, 24 December 2025)
Final club-asset transfer Completed with Arise Capital Partners, comprising David Storch, Michael Storch and Tom Costin. (EFL and Sheffield Wednesday administrators, 2 May 2026)
Each bidder’s contribution Not disclosed in the cited sources. (Sheffield Wednesday administrators, 10 March 2026; BBC, 6 December 2025)
Final purchase price Not disclosed in the cited sources. (EFL and Sheffield Wednesday administrators, 2 May 2026)
Verified personal net worth Not established for McEvoy or the Storch family by the cited sources. (Sports Business Journal, 29 October 2025; BBC, 6 December 2025)

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