US consortium takes over Sheffield Wednesday

Sheffield Wednesday have announced that US consortium Arise Capital Partners has bought the club, officially bringing to an end Dejphon Chansiri's ownership. The group is led by David Storch, 73, an American executive whose background is in the aviation services sector. The EFL confirmed the news on Saturday, and said it would not impose a 15-point deduction on the club following its exit from administration as this has been "an incredibly challenging and complex situation for all parties". …