Tag: bidder

Sheffield Wednesday: Preferred bidder told club will face 15-point penalty next season
15 April 2026 Off

Sheffield Wednesday: Preferred bidder told club will face 15-point penalty next season

By Total Football News

The EFL has informed the preferred bidder for Sheffield Wednesday that the club will start next season in League One with a 15-point penalty.

Arise Capital Partners, a consortium led by David Storch, was named preferred bidder last month after a previous takeover of the administration-hit club fell through.

Storch said in a statement that the group wants the EFL to recognise the “unique” nature of the League One-bound club’s

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Sheffield Wednesday: Points deduction looms as new bidder announced
11 March 2026 Off

Sheffield Wednesday: Points deduction looms as new bidder announced

By Total Football News

Sheffield Wednesday will be handed a 15-point deduction for next season in League One if a deal with their new preferred bidder goes through.

Administrators have begun an exclusive period of negotiation with American private equity company Arise Capital Partners.

However, Arise’s offer would not meet the EFL’s requirement to repay creditors 25p in the pound, which would mean the Owls starting life back in League One with a significant

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Sheffield Wednesday’s next preferred bidder to soon be revealed
7 March 2026 Off

Sheffield Wednesday’s next preferred bidder to soon be revealed

By Total Football News

We are coming to the end of the latest critical week at Sheffield Wednesday.

Final offers for the club are due on Friday. That does not mean everything will necessarily be cut and dried by the weekend.

If you are planning to spend a day furiously refreshing your X timeline waiting for news, just be aware there are things that need to happen before anything is confirmed.

Offers will need

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James Bord: Ex-poker player chosen as Sheffield Wednesday preferred bidder
24 December 2025 Off

James Bord: Ex-poker player chosen as Sheffield Wednesday preferred bidder

By Total Football News

Former professional poker player James Bord has been chosen as the preferred bidder to take over Sheffield Wednesday, BBC Sport can confirm.

The Owls have been in administration since October, ending 10 years under the ownership of Dejphon Chansiri.

On Wednesday, the troubled Championship club’s administrators announced a deal had been reached with a potential buyer.

London-born Bord, who started his career working for gambling firms Starlizard and Smartodds, won

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David Storch: Sheffield Wednesday bidder talks vision for troubled club
24 December 2025 Off

David Storch: Sheffield Wednesday bidder talks vision for troubled club

By Total Football News

Taking on Sheffield Wednesday would be a significant challenge. It is a club that has not been in the Premier League for 25 years.

In that period they have been relegated to League One three times and, given their points deductions in the Championship this season, they will almost certainly make that four.

But Storch has said he has done his homework and has a clear strategy should he take

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Josh Wander: Co-founder of failed Everton bidder charged with $500m fraud
17 October 2025 Off

Josh Wander: Co-founder of failed Everton bidder charged with $500m fraud

By Total Football News

The co-founder of investment firm 777 Partners – which made an unsuccessful bid to buy Premier League club Everton – has been charged with defrauding lenders and investors of more than $500 million (£372m).

Josh Wander, 44, lied and used fake financial documents to inflate the finances of 777, according to Manhattan federal prosecutors in the United States.

A potential deal for 777 to acquire the Toffees fell through in

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