A dramatic new twist has emerged in the wake of Sheffield Wednesday’s long-awaited takeover, with reports suggesting former owner Dejphon Chansiri made a last-ditch attempt to block the deal before it was finalised

Shock Dejphon Chansiri Revelation Emerges After Sheffield Wednesday Takeover Completion. A dramatic new twist has emerged in the wake of Sheffield Wednesday’s long-awaited takeover, with reports suggesting former owner Dejphon Chansiri made a last-ditch attempt to block the deal before it was finalised.

The Yorkshire club confirmed on Saturday that a consortium led by David Storch and backed by Arise Capital Partners had successfully completed the acquisition, bringing an end to months of uncertainty that had cast a shadow over Hillsborough.

Wednesday’s financial crisis reached its lowest point in October when the club entered administration, triggering an initial 12-point deduction that was later increased to 18 due to ongoing financial irregularities. The sanctions all but sealed their relegation and highlighted the extent of the mismanagement during Chansiri’s tenure.

Having purchased the club in 2014, Chansiri’s time in charge became increasingly controversial, with mounting debts, delayed payments, and strained relationships with supporters defining his later years at the helm.

In a shocking revelation, sources close to the negotiations have indicated that Chansiri attempted to halt the takeover in its final stages. While the exact details remain unclear, it is understood that legal and financial manoeuvres were explored in a bid to retain control or delay proceedings.

Despite these efforts, the deal was pushed through successfully, ensuring that ownership would pass to Storch’s consortium without further disruption.

The timing of the takeover could prove crucial. With new ownership now in place, Sheffield Wednesday are expected to avoid starting next season with a significant points deduction—previously projected to be as severe as 15 points.

Instead, the club will now be able to regroup and plan a structured rebuild as they prepare for life in League One. The new ownership group has reportedly prioritised financial stability, squad restructuring, and reconnecting with the fanbase.

For supporters, the completion of the takeover represents more than just a change in ownership it signals the end of one of the most turbulent periods in the club’s history.

Attention will now turn to how quickly the new regime can stabilise operations and restore competitiveness on the pitch. After years of instability, optimism is finally returning to Hillsborough, with fans hopeful that a brighter, more sustainable future lies ahead.