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WORLD2026-05-0213:16:28 UTC

Sheffield Wednesday Under New Ownership as Points Deduction Lifted

Editorial Staff · 1 min read

Sheffield Wednesday has officially changed hands, with US businessman David Storch completing his takeover of the club.

In a significant development for the team, the English Football League (EFL) has announced that it will waive the club's previously imposed 15-point deduction.

This decision marks a new chapter for Sheffield Wednesday, potentially revitalizing its prospects in the league.