Expert shares one concern he has after Storch completes Sheffield Wednesday takeover
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(Credit Imago/David Storch on X) Thu 7 May 2026 16:24, UK Sheffield Wednesday’s new owner David Storch deserves a chance to rebuild the club after completing a takeover of the Championship side.That is according to former Everton chief executive Keith Wyness, speaking to Football Insider, who believes that Storch is currently “making all the right noises.”Storch’s takeover was confirmed on the final day of the Championship season, where the 73-year-old was in attendance at Hillsborough for Sheffield Wednesday’s 2-1 win over West Brom.It was then announced that the club’s 15-point penalty by the EFL had been waived, and in further positive news, the Owls will not be subject to a £7,000 weekly wage cap or £7million seasonal spend next season in League One.Sheffield Wednesday had been in administration since October 2025, which effectively ended the reign of former owner Dejphon Chansiri, who has now been banned from owning or being a director of any EFL club for the next three years.Sheffield Wednesday have ‘proper resources’ under David StorchEverton’s former chief Keith Wyness – who served as CEO at Goodison Park between 2004 and 2009 and now runs a football consultancy advising elite clubs – only has one concern over the part the Independent Football Regulator played in proceedings. MORE FOOTBALL INSIDER STORIES Speaking on the new edition of Football Insider‘s Inside Track podcast, Wyness has warned Storch that actions will speak louder than words in his new role at Sheffield Wednesday.Games50Games Won4Games Drawn12Games Lost34Goals Scored40Goals Conceded98Sheffield Wednesday’s difficult 2025-26 season in numbers, in all competitions.He told Football Insider‘s Inside Track podcast: “To me, common sense has prevailed, and I wish Storch well.“He’s making all the right noises at the moment, a little bit carried away with being a new owner.
We all know actions will speak a lot louder than words, but I’ve got a feeling they’re going to give it a decent go. They seem to have proper resources, they seem to have some people that understand the club at heart, and they’ve made some decent appointments.“They’ve got a good consortium that seems to have knowledge of the local area, so I think they could turn out to be decent owners and certainly deserve a chance to get forward.
“I don’t know if they were fully constituted and really timing-wise able to do it, but they did put their fingers into it. And, let’s relook at those rules as to how they can be handled differently and get them to be as consistent as possible.