David Storch issues Sheffield Wednesday update as potential owners clear 'major hurdle'
Potential new Sheffield Wednesday owner, David Storch, has issued an update with regards to the Arise consortium’s progress in purchasing the club.
Storch, along with his son, Michael, and Tom Costin are in the process of trying to complete a takeover of the Owls from Dejphon Chansiri, but there have been a few bumps in the road along the way - most notably the possibility/likelihood of further sanctions from the English Football League next season.
As reported by The Star’s Alex Miller yesterday, important steps forward were made this week after several discussions with the EFL, and while a final ratification of any sanctions has not yet been found, all parties have reached an agreement on an acceptable pathway forward.
Now, following Friday’s news, Storch himself has come forward to reassure supporters of his commitment to getting a deal done, and explained that he’ll be flying into the UK shortly - urging supporters to greet him if they see him.
Taking to Twitter today, he said, “I'm pleased that we cleared a major hurdle yesterday as we move towards our goal of taking ownership of this wonderful club by the end of the season. I'm grateful to the EFL and the administrators for such productive conversations this last week.
“I want you all to know that my team and I are working tirelessly, and are absolutely committed to doing everything we can to fight for the best possible outcome for Sheffield Wednesday and our incredible fans. Tomorrow, I fly back to the UK for a week of meetings with a wide range of experts to ensure we hit the ground running and deliver on our promises both on and off the pitch.
“I look forward to seeing many of you in Sheffield. Please do come over and say hi if you see me around town.”