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Storch consortium completes Sheffield Wednesday takeover

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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”.

As part of the agreement, Wednesday will remain under budget restrictions for the next two seasons as part of the “conditions of continuing membership in the EFL” but they will still be permitted to sign new players.

Storch’s son, Michael, and Tom Costin complete the three-man consortium.

Costin brings football experience to Wednesday through Blue Crow Sports Group – a multi-club football ownership and investment platform with controlling interests in Leganes from Spain, Le Havre in France and Mexican club Cancun FC.

Arise had set a deadline of 1 May, aware that there could further delays if the takeover was not completed before the Independent Football Regulator took control of the new owner process from the EFL on 5 May.

The final paperwork was completed on time on Friday before the club announced the takeover was done ahead of their sold-out, final-day game at Hillsborough against West Bromwich Albion on Saturday.

The Owls had been in administration since 24 October

That led to an immediate 12-point deduction, with a further six points taken off for charges related to missed payments to players, staff, HMRC and transfer fees due to other clubs.

As a result, Chansiri received a three-year ban from owning or being a director at any EFL club.

Yet the points penalties made no difference to the club’s fate, with most senior players sold either by Chansiri or as part of the administration process.

The club suffered the earliest-ever relegation in English football, as defeat at Sheffield United on 22 February consigned them to League One with 13 games to play.

Just three days later a takeover led by Dunfermline Athletic owner James Bord collapsed, leaving Wednesday in limbo.

But Storch, who missed out being named the preferred bidder to Bord in December, returned to the table to cut a deal with the administrators.

With Chansiri’s reign now over, and new owners in place to bring fresh hope, the club can look to a brighter future.

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How Oregon turned emotion after Dante Moore's injury into a signature win at USC

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Oregon’s season was on the brink after its start QB was injured. Here’s how it rallied behind Dylan Raiola and thrived instead.

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Australia beat South Africa while down to 11 men in thrilling Test

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International Test match

Australia (24) 42

Tries: Ikitau 2, Donaldson, Wilson, Jorgensen Cons: Lonergan 4 Pens: Lonergan 3

South Africa (17) 38

Tries: Grobbelaar, van der Merwe, penalty try, van den Berg, Nche Cons: Pollard 2, Mngomezulu 2 Pens: Pollard

Australia were reduced to 11 men but dug in for an extraordinary win against a much-changed South Africa side as they beat the world champions 42-38 in Perth.

The Wallabies excelled with some vibrant attacking rugby, scoring five tries against the back-to-back World Cup winners to lead by 25 points with 16 minutes left.

But then a manic spell of four yellow cards in nine minutes left the hosts overrun, with South Africa mounting a comeback that ultimately fell just short.

The visitors made 13 changes after beating New Zealand in Baltimore but still fielded a strong starting XV, which boasted 240 caps in the second row alone.

But a year out from hosting the World Cup, and a year on from being soundly beaten on home soil by the Lions, it was the home side who impressed before their bizarre late collapse.

The teams traded early penalties before Springboks hooker Johan Grobbelaar drove over for the first try of the match after a powerful maul.

Australia responded well with a wave of pressure which was rewarded when centre Len Ikitau drove over from a metre out.

Ikitau then flew over for his second after the Boks made a mess of a high ball kicked through, but the lead lasted just three minutes.

South Africa played the ball quickly and flung it out wide with Edwill van der Merwe on the end of a stunning break to score in the corner.

The high level continued as the hosts took the lead again before the break. After 14 patient but quick phases, the Wallabies whipped the ball from right to left to find fly-half Ben Donaldson free to score in the corner.

The Springboks had strength in depth to call on, and coach Rassie Erasmus made all eight changes early in the second half with his side down by 10 points.

But it was Australia who continued to dominate. Captain Harry Wilson was denied a try as his foot was in touch but just seconds later he did burrow over the line close to the posts.

Wing Max Jorgensen then sprinted the length of the pitch to score a stunning solo score after South Africa fumbled the ball to make it 42-17.

Wilson was then sin-binned and South Africa finally got their first score of the second half with a penalty try, with Ryan Lonergan yellow carded as well.

The Wallabies were down to 13 and a crossfield kick found Van der Merwe in the corner but the wing dropped the ball before he could ground it.

Australia wing Joseph-Aukuso Sua’ali’i was then sin-binned as well to leave Australia three men down and replacement scrum-half Morne van den Berg scrambled in to cut the lead to 11 points.

Remarkably Australia then appeared to have scored again as Tom Wright intercepted a pass to run in – only for the try to be ruled out and Hunter Paisami shown a fourth yellow card for a dangerous tackle in the build-up.

South Africa had so much space and scored again through Ox Nche to cut the lead to four but time ran out.

Australia: Wright, Jorgensen, Ikitau, Paisami, Sua’ali’i, Donaldson, Lonergan; Bell, Paenga-Amosa, Alaalatoa, Salakaia-Loto, Williams, Valetini, McReight, Wilson

Replacements: Pollard, Ross, Tupou, Shaw, Hooper, Tizzano, McDermott, Potter

Yellow cards: Wilson 68, Lonergan 71, Sua’ali’i 73, Paisami 77

South Africa: Fassi, Van der Merwe, Moodie, Esterhuizen, Hooker, Pollard, Jantjies; Wessels, Grobbelaar, Porthen, Etzebeth, Mostert, De Villiers, Louw, Van Staden

Replacements: Marx, Nche, Louw, De Jager, Wiese, Van den Berg, Feinberg-Mngomezulu, Horn

Referee: Andrea Piardi (Italy)

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'Brilliant' Banton scores maiden ODI century for England

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Tom Banton scores a “brilliant” century, his first in an ODI for England, in the third and deciding game of the series against Sri Lanka at The Oval.

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