Of course, you also need Cooper 'S' disc brakes on the front or the 'S' wheels wont fit properly and the front track will be too narrow.
Why would you tell somebody they 'need' these brakes? There are a number of brake setups that could be used with 10" steel wheels of all types. From experience, the cooper 's' disc setup isn't really much better than drums.
The fiesta convertion, although not sticking with original sourced parts, has very good braking performance and with work will allow you to fit the cooper 's' wheel, or any steel wheel for that matter
'Cooper 'S' disc set-up not much better than drums', you must be having a laugh. There is no comparison between the 7.5" 'S' disc set up and drums. The 7.5 discs with good pads are just fantastic.
With the 'S' disc set-up standard offset 'S' wheels, as pourchased by the OP can be fitted and the smaller Van/'S'/Pick-Up chrome hub caps can be fitted. Wheel arch extensions will not be necessary. Either that of find some 4.5" x 10" reverse rim wheels and fit them to the drums.
I have driven cars with both, and neither are anywhere near as good as the fiesta brakes with 7.9" discs.
I didn't really rate the cooper s setup compared to my dads mk1 with standard drums all round, there really wasn't an amazing difference.
However, what I felt about the brakes must be wrong, because you said the opposite