EFL urged to stop Dejphon Chansiri profiting from Sheffield Wednesday takeover | OneFootball

David Storch may have to negotiate with Chansiri if he wants to avoid Sheffield Wednesday from getting a large points deduction next season

Sheffield Wednesday are currently set for another hard battle in the 2026-27 season, with the EFL intending to deduct 15 points from their starting tally in League One under new ownership.

David Storch's bid under the Arise Capital Partners banner is making progress when it comes to getting a takeover complete, and a May 1 soft deadline is being worked towards so that they can be in place prior to the Owls' final match of a torrid 2025-26 campaign, which will take place at a packed Hillsborough against West Brom.

Simply put, Wednesday need this takeover for a full fresh start, having been placed into administration by former owner Dejphon Chansiri in October, and despite no longer running the club, the Thai businessman is continuing to have an effect on the future of the South Yorkshire outfit.

Because Storch's £20 million bid does not meet the '25p in the pound' EFL ruling to pay back creditors fully, Wednesday are set for another significant points deduction - this time for the third tier of English football.

And with Chansiri being the biggest creditor of them all, having been set to receive £15 million if Storch had put in a bid that met the threshold, he still has a big say on Wednesday's future on the pitch, but it is claimed by Alan Nixon that he is 'open' to negotiations with Storch and co, in what would see Chansiri's debts against the club purchased, with other creditors then dealt with as per the EFL's rules and regulations.

Ex-Premier League CEO sends message to EFL over Sheffield Wednesday takeover

Storch has publicly expressed his unhappiness at the EFL's plan to deduct 15 points from next season, and could go down the legal route in a bid to try and stop it happening.

And in the mind of former Aston Villa CEO Keith Wyness, the EFL, or even the incoming Independent Football Regulator David Kogan, need to get involved and make sure Chansiri does not profit from Storch's takeover due to the mess he left the club in.

“There will be a legal aspect to this,” Wyness told Football Insider.

“But you would hope the EFL with Rick Parry and Trevor Birch can actually come to their senses and find a way through this.

“You have also now got David Kogan at the independent football regulator, who has also got experience. This is exactly where football has got to take these decisions into itself and not go to the legal fraternity.”

“This is a perfect example of something that could be resolved within the football family and stop a lot of money going out of football.

“It’s going back to Chansiri, but it should be kept in football, and this is all about that.

“There could be future penalties or other sanctions placed on Sheffield Wednesday if they don’t do it appropriately, or Storch doesn’t act in good faith, but I think he will.

“There is a way to resolve this with common sense to try and do this for football rather than self-harming.”

Dejphon Chansiri should do the right thing for Sheffield Wednesday ASAP

Chansiri being the single-largest creditor for Sheffield Wednesday is proving to be a continuous big problem, with several people not too keen on helping the man that put the club into the mess they're now in in the first place.

The first few years of Chansiri looked promising for the Owls, with big amounts of money spent to try and get them back to the Premier League, but the spending caught up with him, and he left the club in a terrible position when it was all said and done.

It's not a surprise that Chansiri was trying to make the most money possible from the club's sale, even if it meant alienating himself further from everyone connected to Sheffield Wednesday, but if he's open to negotiating his debt with Storch's consortium, then it may be worth talking due to the fact that it'll be much easier for the Owls to rebuild without a 15-point penalty.

If Chansiri does decide to enter those talks with Storch and a deal is made, then it would be the right call - it's not too late for him to salvage something of his reputation this late in the day.