Sheffield Wednesday’s sale was completed in May 2026, with Arise Capital Partners LLC, a consortium led by David Storch, taking ownership. Before that deal, James Bord’s consortium was named preferred bidder, while several other individuals were linked to a possible takeover in media reports. Those names did not all make formal bids, and the public record does not establish a complete list of interested parties.
Who bought Sheffield Wednesday?
Arise Capital Partners LLC completed its purchase of Sheffield Wednesday in May 2026. The consortium was led by David Storch and included Michael Storch and Tom Costin. On 2 May, the English Football League said the administrators had formally concluded an agreement with Arise, that the club had met the League’s requirements under its new ownership, and that it was no longer in administration. Joint administrator BTG confirmed on 5 May that the sale had completed. The final sale price was not stated in those announcements. EFL announcement · BTG completion announcement
The EFL also decided not to impose the 15-point deduction associated with the club’s exit from administration. BTG said Wednesday would start the upcoming season on zero points. EFL announcement · BTG completion announcement
Who was linked with buying Sheffield Wednesday?
The names below are the publicly reported links identified in coverage of the sale process. “Preferred bidder” means a party selected to negotiate or progress a proposed deal; it does not mean the party completed the purchase.
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| Name or group | When and reported status | Outcome |
|---|---|---|
| John Textor | October 2025: reported as linked with a prospective takeover by FourFourTwo. | The report is evidence of public interest, not confirmation of a qualified bid or entry into the formal sale process. FourFourTwo reporting |
| Mike Ashley | December 2025: FourFourTwo reported him as associated with one of three bids still in the running. | He was not identified as the successful buyer in the official completion announcements. FourFourTwo reporting |
| James Bord, Felix Romer and Alsharif Faisal Bin Jamil | January 2026: BBC reported that the privately funded group, led by Bord and Romer, with Bin Jamil described as chief executive, had been selected as preferred bidder. | The group withdrew from the process on 25 February 2026. BBC later reported its proposed deal at £47.8 million; that figure was for the proposed Bord-group transaction, not the completed Arise sale. BBC, 6 January 2026 · BBC, 25 February 2026 · BBC, 11 March 2026 |
| David Storch, Michael Storch and Tom Costin / Arise Capital Partners | February 2026: BBC said a consortium led by David Storch remained interested after the Bord group withdrew. In March, BBC reported Arise had entered an exclusive negotiation period as preferred bidder. | Completed the purchase in May 2026. BBC, 25 February 2026 · BBC, 11 March 2026 · EFL · BTG |
| Anders Holch Povlsen and Simon Jordan | Secondary summaries have linked Povlsen with a possible purchase and said Jordan had expressed interest. | These are lower-confidence reported links, not verified formal bids. The available reporting does not establish that either made an offer. FourFourTwo reporting |
How the sale process developed
April 2025: Chansiri’s account of offers
At a Supporters Engagement Panel meeting on 15 April 2025, then-owner Dejphon Chansiri said he had received no formal offers with proof of funds at that point. The club’s meeting notes record him saying that “anyone can say they are in the market but without any official offer they cannot be treated as genuine.” This was his account at that meeting, months before the administration and the later sale process; it does not establish that no approaches or bids came afterward. Sheffield Wednesday meeting notes
October–December 2025: reported interest and bids
FourFourTwo linked John Textor with a prospective takeover in October, but the report does not prove he submitted a qualified bid or entered the formal process. In December, the same publication reported Mike Ashley as associated with one of three bids still in contention. These reports identify different levels of involvement and should not be treated as equivalent to the later preferred-bidder status or completed sale. FourFourTwo reporting
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January–February 2026: Bord group selected, then withdrew
BBC reported on 6 January that the group involving James Bord, Felix Romer and Alsharif Faisal Bin Jamil had been selected as preferred bidder. On 25 February, BBC reported that the group had withdrawn. The reported £47.8 million figure relates to its proposed deal as described by BBC on 11 March, not to the eventual transaction. BBC, 6 January 2026 · BBC, 25 February 2026 · BBC, 11 March 2026
February–May 2026: Arise became preferred bidder and completed the deal
After the Bord group withdrew, BBC reported that the consortium led by David Storch remained interested. By 11 March, Arise Capital Partners had entered an exclusive negotiation period as preferred bidder, with Storch, his son Michael and Tom Costin at the helm. In an interview while the deal was still prospective, Storch told BBC Radio Sheffield: “I am very sincere when I say the fans will own the club, we will be the custodians.” The purchase was subsequently confirmed as complete by the EFL and BTG in May. At completion, Storch said: “We know trust must be earned.” BBC, 25 February 2026 · BBC, 11 March 2026 · EFL, 2 May 2026 · BTG, 5 May 2026
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How certain is the list of potential buyers?
There is no verified public register in the cited announcements of every party that expressed interest in Sheffield Wednesday. The names here are publicly reported links, and the evidence does not establish that every person named made a formal offer. The official EFL and BTG announcements establish the completed transaction and its regulatory outcome; BBC reporting documents the preferred-bidder stages and withdrawal, while some other names appear in media reporting or secondary summaries.
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