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Sheffield Wednesday announce takeover from Thai consortium

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Sheffield Wednesday have confirmed that a takeover bid from a Thai consortium has been successful, following on from reports yesterday.

Seen at Hillsborough on Tuesday were several Thai business men sat with club owner and chairman Milan Mandaric in the director's box. They witnessed the playoff hopefuls stutter to a dull goalless draw with a revitalised Birmingham City. 

The club has announced a formal agreement has been reached between Mandaric on behalf of UKFI Limited and Mr Dejphon Chansiri to acquire 100% of the shareholding in the football club.

Chansiri bid

Mr Chansiri is a distinguished businessman in Thailand whose family control the Thai Union Frozen Group, the world’s largest producer of tuna as well as one of the biggest worldwide general seafood producers. 

Speaking exclusively to swfc.co.uk, he revealed his delight at acquiring the club: “I am very excited at the prospect of taking over control from Milan. I believe this club has huge potential and I can assure all our supporters that I will be working extremely hard to bring the success that I already sense from my short time in your city our supporters so desperately crave.”

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"I am very excited at the prospect of taking over control from Milan. I believe this club has huge potential and I can assure all our supporters that I will be working extremely hard to bring the success that I already sense from my short time in your city our supporters so desperately crave" 

“My son Att, who was a mascot at the recent Blackpool game, is passionate about football and I know will be my inspiration in this project. I have made the same promise to him as I do our supporters, he will not let me forget this until we are back in the Premier League.” 

Pledge for the future

A word of caution to all Wednesday fans, following the failed takeover last summer the deal is still subject to ratification by the Football League and during that process Mr Chansiri and his team will become involved in the operation of the club to ensure a smooth handover upon completion. 

Mr Chansiri has pledged to outline his vision for Wednesday when appropriate, once the formal requirements are concluded and the club is asking its supporters for patience until that time. 

The spotlight now falls on Owls manager Stuart Gray, to see if any additions can be secured as the fans and new owners set their sights on the Championship playoffs. Let us know what your thoughts are Wednesday fans, sound off in the comments section below.

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Topics:
Football
Sheffield Wednesday
England Football
Championship

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