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Sheffield Wednesday Under New Ownership as Points Deduction Lifted

David Storch, a US businessman, has successfully taken over Sheffield Wednesday, with the EFL also deciding to waive the club's 15-point deduction.

Editorial StaffMay 2, 20261 min read

Sheffield Wednesday has officially changed hands, with US businessman David Storch completing his takeover of the club.

In a significant development for the team, the English Football League (EFL) has announced that it will waive the club's previously imposed 15-point deduction.

This decision marks a new chapter for Sheffield Wednesday, potentially revitalizing its prospects in the league.