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'Club is reborn' - Wednesday takeover completed and points deduction overturned

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CitrixNews Staff

· May 2, 2026 at 11:30 AM

'Club is reborn' - Wednesday takeover completed and points deduction overturned

US businessman David Storch has completed his takeover of Sheffield Wednesday and the EFL has waived the club's additional 15-point deduction.
The announcement comes after weeks of talks between Storch, his Arise Capital Partners consortium and administrators, and secures the club's future following their relegation to League One.

Originally reported by Sky Sports

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