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Outbyte Driver Updater FREEFix the driver behind crashes, sound loss and screen glitchesFind Drivers →Outbyte PC Repair FREEClear out junk files and repair common Windows errorsFree Scan →Sheffield Wednesday’s successful takeover was completed by Arise Capital Partners LLC, led by David Storch, with Michael Storch and Tom Costin also named as consortium members. A separate group led by James Bord had been the preferred bidder earlier in the process, but withdrew and did not buy the club.
Who bought Sheffield Wednesday?
The successful buyer was Arise Capital Partners LLC. The EFL confirmed on 2 May 2026 that the administrators had agreed to transfer the club’s assets to Arise and that Sheffield Wednesday met the League’s requirements to leave administration. The joint administrators’ firm, BTG, confirmed the sale’s completion on 5 May 2026.
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| Person or group | Established role |
|---|---|
| David Storch | Leader of the successful Arise consortium. |
| Michael Storch | Named member of Arise; BBC Sport reported that he is David Storch’s son. |
| Tom Costin | Named member of Arise. |
| Arise Capital Partners LLC | Successful buying consortium and recipient of the asset transfer. |
The club named David Storch, Michael Storch and Tom Costin when it announced on 10 March that Arise had become the new preferred bidder. At that stage, the club said Arise had supplied a deposit and evidence of funds and entered an exclusivity agreement. The EFL and BTG later identified the same three people as members of the successful consortium.
Who was linked to the earlier bid?
James Bord, Felix Romer and Alsharif Faisal Bin Jamil were linked to an earlier preferred-bidder consortium. BBC Sport reported that the Bord-led group withdrew on 25 February 2026. It was not the group that completed the takeover.
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- James Bord: led the earlier preferred-bidder group.
- Felix Romer: reported as a member of that group.
- Alsharif Faisal Bin Jamil: described by BBC Sport as the group’s chief executive.
That distinction explains why reports from different stages of the sale may name different prospective buyers. The Bord group was associated with an earlier phase; Arise was selected after it withdrew and completed the transaction.
How the takeover reached completion
- 24 October 2025: The EFL said Sheffield Wednesday had entered administration, beginning a sale process.
- 24 December 2025 to January 2026: The Bord-led consortium became the preferred bidder.
- 25 February 2026: BBC Sport reported that the Bord-led group had withdrawn.
- 10 March 2026: Sheffield Wednesday named Arise as the new preferred bidder and identified David Storch, Michael Storch and Tom Costin as its members.
- 1–2 May 2026: BBC Sport reported that final paperwork was completed on 1 May; the club announced the takeover on 2 May.
- 2 May 2026: The EFL confirmed the asset-transfer agreement and said the club met its requirements to leave administration.
- 5 May 2026: BTG, the joint administrators’ firm, confirmed successful completion of the sale.
Who was not a member of the successful buying group?
Dejphon Chansiri was the former owner, not a member of Arise. The completed sale ended his ownership. Kris Wigfield, BTG Managing Partner and Joint Administrator, announced the administrators’ confirmation of the sale; he was not a buyer.
Public announcements identify the named Arise members, but they do not establish an exhaustive list of private advisers, lenders or other participants. It would therefore be inaccurate to present a complete behind-the-scenes roster or to infer unreported backers.
What did the EFL confirm about administration and points?
The EFL said Sheffield Wednesday met League requirements and was no longer regarded as in administration after the asset transfer. It also said its board used discretion under its Insolvency Policy not to impose an additional 15-point deduction upon exit. The EFL attributed that decision to proposals made to Chansiri by the administrators and new ownership.
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Random freezes, missing sound and display glitches usually trace back to one bad driver. Find and replace yours safely.Free scan · under a minuteCompanies House later showed administration-related filings, including a progress report filed on 2 June and a result of a creditors’ meeting filed on 16 July 2026. Those records concern the company’s administration process; their existence does not overturn the EFL’s confirmation that the club met the requirements to exit administration after the transfer.
The EFL’s governance guidance says acquisitions of control are subject to League requirements. Its guidance also notes that a new IFR owners, directors and senior executives regime applies to relevant appointments from 5 May 2026. That regulatory background is separate from evidence of the May sale itself.
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