Owls Set to Soar Again with Takeover On The Horizon

Sheffield Wednesday Hours from Takeover with New Beginning in sight

It has been hard to watch the trials and tribulations of Sheffield Wednesday throughout the 2025/26 Championship season. Condemned to failure virtually from the start thanks to shocking finances and a transfer embargo, they are set to end the season where they started it – on negative points.

However, Owls fans will be preparing to rejoice today, as a few hours from now, they are very likely to be under new ownership, with the Arise Capital Partners Consortium eager to get the deal over the line as soon as possible.

🚨There could be only a few hours until Sheffield Wednesday's take over is completed! 🇺🇸

Arise Capital's lawyers have been working overnight to get it done.

Via (@AlexJPMiller)

IT COULD FINALLY BE OVER OWLS FANS! 🦉#SWFC pic.twitter.com/vbYYedv5KJ

— Championship Terrace Talk (@ChampionshpTalk) May 1, 2026

Is the Nightmare Over?

Allegedly, the lawyers signing off on the paperwork for Arise Capital worked overnight on Thursday in a bid to get the deal done before the weekend, which would see current outgoing owner Dejphon Chandri, who placed the club into administration back in October, finally leave, ending his reign of terror in the process.

The rapid pace with which the deal has developed is down to Arise’s self-set deadline of May 1st to get the deal done. If a deal took much longer than that, it would fall into the jurisdiction of an independent football regulator, a scenario which results in countless delays and a long, drawn-out process, which neither party wants.

According to an unnamed source, many aspects of the deal have been described as done, with only the ‘finer legal points’ left to be decided upon. This news will be music to Owls fans' ears, as over the last six months, they have been drowning in nothing but losses on the pitch and rumoured but never materialising takeover approaches off it.

The consortium is led by David Storch, the billionaire American investor, and it is clear from whispers when the group made their first offer back in March that they are keen to make a success of the deal, even stating that an impending 15-point deduction ahead of next season would not be a dealbreaker if it were to be applied before the takeover is complete.

Though he has never owned a sporting entity before, Storch does own some other significant assets, including aviation company AAR, as well as holding considerable shares in KapStone Paper and Packaging Corp and Kemper Corp, illustrating a diverse portfolio and, thus, a diverse skillset in asset management.

This is effectively a dream owner for Sheffield Wednesday, who for a while looked condemned to be purchased by the infamous Mike Ashley, who, during his time as Newcastle United head honcho, became one of English football’s least popular figures.

Already relegated to third tier of English football, Sheffield Wednesday cannot afford to get too ahead of themselves – simply stopping the rot and securing a mid-table finish in League One more season would be considered a resounding success.

However, with the announcement of new, ambitious owners potentially just hours away, Wednesday fans can at least relax somewhat. The nightmare is, at least partially, over. As soon as the deal is signed off on, it becomes a matter of clearing up the mess made by Chandri.