Sheffield Wednesday: David Storch told to make Dejphon Chansiri 'see sense' over big takeover issue | OneFootball

Sheffield Wednesday prospective owner David Storch has been backed to hold talks with Dejphon Chansiri over the Championship club's unsecured debt

Sheffield Wednesday prospective owner, David Storch, is yet to complete his takeover of the Hillsborough club, but he is already set to encounter major stumbling blocks next season.

The Owls have been deducted 18 points this term, thanks to the financial wrongdoing of former owner Dejphon Chansiri, who plunged them into administration.

Wednesday's inevitable relegation from the Championship to League One was confirmed when they were beaten 2-1 in the Steel City Derby by Sheffield United last month, which came as another kick in the teeth amid an increasingly difficult campaign.

However, David Storch's presence as the South Yorkshire outfit's preferred bidder has prompted cautious optimism among the Owls fanbase, who are hoping for a significantly more stable future.

Sheffield Wednesday prospective owner David Storch backed by football finance expert to hold crunch talks with Dejphon Chansiri

Even though Wednesday were placed into administration earlier this term, supporters were delighted to see the back of Chansiri's controversial ownership.

However, prospective owner Storch could be best served by holding talks with the Thai businessman, as his Owls bid fell short of the 25p in the pound required to pay creditors and avoid a 15-point deduction next season.

Speaking live on talkSPORT on Tuesday, football finance expert Stefan Borson said: "Nobody is going to pay the 25p in the pound. So what you do now, if you’re Storch, is a two-prong approach.

"One, you get in front of Chansiri and try and convince him that either way, he’s getting zero for the unsecured (debts). So you try and do a deal with him where he writes them off, they can then go to the Football League and say 'We don’t have the unsecured creditors in the football club aside from a few agent fees and bits and pieces'.

"They’ll pay those, that gets them clear of the 15 points for next season, it makes it easier to live with the wage caps and the individual wage caps that are likely to come next season and the transfer ban.

"It will be easier because then they’ll have 15 more points. Chansiri is in no worse a position because of the way the administration is structured between Sheffield 3, which own the stadium, and the football club.

"The stadium is outside the EFL’s perimeter of control. They can mix and match where the money is paid. It can be better for Chansiri, and it can be better for Sheffield Wednesday because they get zero points (deducted).

"Chansiri is getting nothing, so they have to appeal to his better nature. He does have smart people around him, I’ve spoken to them. They’re not beyond having a conversation with.

"One other thing we’ve seen over the last couple of days is (lawyer) Nick De Marco has been appointed by Storch, so you can guarantee that, if the decisions of the EFL are too harsh, they will appeal them.

"They’ve got this two-pronged approach, but I would say their best bet is getting in front of Chansiri and getting Chansiri to see sense."

David Storch agreement is the least Dejphon Chansiri can do for Sheffield Wednesday

The fact that creditors must be paid 25p in the pound means that Chansiri was to be paid £15m of the total £60m owed to him because of his past loans, as per Sky Sports, but the size of Storch's bid means that that kind of money won't be forthcoming.

However, Wednesday supporters will firmly believe that their club shouldn't owe their former owner anything, as they are likely to endure a tough ask of a first-time promotion back to the Championship next season because of his severe financial mismanagement.

Chansiri has inflicted lasting damage on the Owls and should feel obliged to write off the debts, as alluded to by Borson, but whether that actually happens is another matter, and considering what happens next season for Wednesday hardly concerns him anymore given the size of the bid, it's hard to see the maligned Thai businessman doing anything to stop the 15-point deduction.

The points deduction won't be insurmountable, with Leeds making the play-offs in 2008 despite the exact same pre-season punishment in the third tier, but it just makes things slightly more difficult than they could be for Storch and co to guide the Hillsborough outfit back to the Championship in the fastest way possible.