Sheffield Wednesday are about to change hands, and the prospective new owners are looking for someone to lead the club into a new era.

The waking nightmare may soon come to an end. Sheffield Wednesday fans have had a dreadful 2025-26 Championship season, with legendary players departing the club, points deductions dropping them to the bottom of the table, and a six-month period in administration that resulted in a false start as to who the new owners will be.

Wednesday remain at the bottom of the Championship table and are ready to create a record low points tally for an EFL season, while the proposed takeover of the club collapsed, causing the bidding process for Wednesday to be reopened.

However, with the Storch family consortium purportedly on the approach of finalizing their takeover, the club’s potential new owners are already looking for someone to lead it into a new era.

Beadell and Pedersen to stay, as the Storch family seeks a new CEO for Sheffield Wednesday.

On Sunday morning, journalist Alan Nixon announced on his Patreon page that Sheffield Wednesday had initiated the process of recruiting a new CEO for the club. He says that, while the Storch family wants to be involved in the club’s operations, they have also contacted headhunters with the goal of bringing in a more experienced leader to help the team move forward.

Nixon also reports that the process of rebuilding the Wednesday squad will begin soon. He says that Head of Recruitment Kevin Beadell is now set to stay, having been scheduled to go during James Bord’s earlier, ultimately unsuccessful, takeover effort.

Pedersen is also expected to stay with Wednesday for the time being, despite recent speculation over his future. Nixon claims that Pedersen’s contract at Hillsborough would make any potential departure an unnecessary expense, and it currently appears that he will be in charge of leading the Owls back to the championship.

Sheffield Wednesday has a lot of rebuilding to do this summer.

There is little doubt that once the Storch takeover of Sheffield Wednesday is completed, any new CEO would face an urgent assignment.

The most important priority is rebuilding the first-team squad. Wednesday have been reduced to a threadbare team over the previous year due to constraints and embargoes on who they can sign.

They will lose 12 players at the end of the season due to contract expiration or other reasons. Some of these players are on loan, but there will also be new player contracts to negotiate, as well as fresh recruits to join the team.

The Storch family’s decision to hire an experienced new CEO for the club is noteworthy. There is an argument to be made that Sheffield Wednesday’s current situation resulted from poor judgments made by Dejphon Chansiri, who arrived as the club’s owner with no prior experience running one.

The decision to keep Kevin Beadell and Henrik Pedersen suggests that the new owners will seek evolution rather than revolution when their purchase of the club is finalized. Any new CEO will have a much bigger remit than new players alone, as Hillsborough, for example, requires extensive repair work.

But Sheffield Wednesday fans will be glad to see that preparations are already on for the new owners to hit the ground running once everything is approved off. The 2025-26 season may have been a waking nightmare for supporters, but all signs point to an end.