Club adviser says if David Storch could walk away from Sheffield Wednesday takeover deal

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(Credit: Imago/David Storch on X) Sat 18 April 2026 6:30, UK Sheffield Wednesday’s prospective owner David Storch is not expected to walk away from his takeover deal despite confirmation they will receive a further 15-point deduction. The Owls have been relegated to League One, having been deducted 18 points for breaching the EFL’s regulations after going into administration.

However, Storch has now confirmed Sheffield Wednesday will be deducted 15 points next season due to Arise’s offer not meeting the EFL’s requirement to repay creditors 25p in the pound. MORE FOOTBALL INSIDER STORIES How David Storch is ‘fighting back’ against 15-point deductionStorch released a statement this week, where he called upon the EFL to recognise the “unique” nature of Sheffield Wednesday’s situation, adding that his group “fundamentally disagree” with the 15-point deduction.

“I don’t think that’s the case at all,” said Wyness. “He’s quite right and has done it in a very reasoned way, so I fully support what he’s asking for.” How 15-point deduction would impact Sheffield Wednesday next seasonWyness believes it will be difficult for Sheffield Wednesday to operate with a 15-point deduction in League One next season.