Dejphon Chansiri u-turn emerges in big Sheffield Wednesday takeover boost

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·16 April 2026

Dejphon Chansiri u-turn emerges in big Sheffield Wednesday takeover boost

Dejphon Chansiri is reportedly "open to talks" with David Storch's Arise Capital over the club's takeover.

Sheffield Wednesday's administrators and David Storch are in a race against time if they are to meet the May 1st target they've put on the club's takeover.

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The last 24 hours have seen Storch release a statement urging a #FairDealForWednesday campaign for Sheffield Wednesday, as he pleads to be heard by the EFL over the club's pending 15-point deduction, which lingers because of failure to pay 25p in the pound to the creditors.

Central to this issue is former owner, Dejphon Chansiri, with Storch calling out the Thai businessman over his failure to engage in conversations about finding a "constructive resolution".

However, in a fresh twist, Alan Nixon is reporting via his Patreon account that Chansiri is open to talks with Arise Capital and that "lines of communication will be opened" to try and reach a positive solution that might eliminate the 15-point deduction set to land at Sheffield Wednesday's door in 2026/27.

Dejphon Chansiri open to fresh Sheffield Wednesday talks

Nixon is reporting something of a U-turn from Chansiri, or at least a reaction to Storch's earlier statement where he claimed requests were going "unanswered" from the former Sheffield Wednesday chairman.

The latest update states that Chansiri is open to talks with Arise over reaching an agreement that could wipe out the threat of starting next season on -15 points and, in the words of Storch, facing "one of the most challenging seasons in EFL history".

It's said that a deal could be brokered which could see Chansiri's debts bought, plus a deal done with other creditors that would fall within the tight guidelines that the EFL have set. Should that be the case, the 15-point penalty would not be "enforced" according to Nixon.

Further reporting states that Chansiri should pocket £2m from the Sheffield Wednesday takeover, but it's a lot less than what he would have got if buyers were paying 25p in the pound. That's seemingly around the £16m mark.

Chansiri also has frustrations with the sale of Hillsborough in the deal Storch and his consortium are trying to finalise, as he had been banking on a "large windfall" from that.

With communication now seemingly open between Arise and Chansiri following Storch's statement, all parties are working towards what's described as an "easy solution" that eliminates legal challenges around the points deduction that Wednesday are facing.

What David Storch has said about Sheffield Wednesday takeover

Storch released a statement on social media, pushing his #FairDealForWednesday campaign.

There, he reiterated his desire to complete the takeover before May 1st, with Hillsborough looking set for an almighty 'goodbye to the Championship' party when they face West Brom on May 2nd in what will be Sheffield Wednesday's final fixture before becoming a League One club once again after relegation.

Despite "extensive and constructive discussions with the EFL" over the sanctions Wednesday are facing, Storch confirmed in his statement that Wednesday were indeed facing the 15-point penalty in League One next season, something which Arise disagreed with. The request for this to be reviewed through independent arbitration was also denied.

That brought up the topic of Chansiri, where Storch wrote.

"What makes this situation particularly difficult is that it is entirely unique. A significant portion of the club's debt sits with its former owner, Dejphon Chansiri, who has not agreed to write down or restructure that debt. We have made repeated attempts, through the administrators, to engage with "Mr. Chansiri in order to find a constructive resolution. Those requests have gone unanswered. At the same time, as our due diligence has progressed, the full scale of the serious infrastructure challenges has become apparent. These include inadequate water supply affecting even basic sanitation, and insufficient electrical capacity to support certain essential upgrades. The work required is significant and urgent, and likely to result in the need to invest substantial further sums. These are issues that Mr Chansiri must have known about for many years, yet we are required to fix them in months."

The overall aim of Storch's statement is clearly to make sure Wednesday are given a "fair opportunity", but also to make clear he's committed to the takeover and the future of the football club.

It also seems that it's opened the door to talks with Chansiri and potentially lifting the pending 15-point penalty. If that ends up the case, it's much, much more than an added bonus.