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  1. #1
    Neo
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    Sheffield Wednesday: Thai group buys Championship club

    29 January 2015



    Sheffield Wednesday have been taken over by a Thai consortium led by businessman Dejphon Chansiri.

    Chansiri, whose family owns Thai Union Frozen Group, has acquired a 100% stake in the Championship club.

    Owls chairman Milan Mandaric, who had been in charge since December 2010, confirmed earlier this month the club were in talks with potential investors.

    "I am very excited at the prospect of taking over control from Milan," Chansiri told the club website.

    "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."

    The deal remains subject to ratification by the Football League.

    The takeover brings an end to Mandaric's four-year stint as owner of the club, and although he is set to step down as chairman and as a director, he will remain at Hillsborough in an advisory role.

    Mandaric agreed a deal to sell the Owls to Azerbaijani businessman Hafiz Mammadov last summer, but after that deal fell through in September, he said Chansiri had stood out as a potential buyer.

    "I'm very happy and proud of what I have done for Sheffield Wednesday," Mandaric told BBC Radio Sheffield.

    "I promised that when I left I would have secured their financial future and I can look the fans in the eye and say that I have done that.

    "They have a big desire to go to the Premier League and they want to put money into the club. They're not here to stay in the Championship.

    "I didn't sell the club for the money or because I have to leave, I sold it because these people are more aggressive financially and they will do the job."

    Former Portsmouth and Leicester City owner Mandaric took over in December 2010 and helped the Owls secure promotion back to the Championship in May 2012.

    He revealed in June 2013 that the club were losing around 5m a year and were looking for new investment.

    A deal was agreed last June for Mammadov to take over the club, only for Mandaric to confirm it was off three months later.

    Wednesday are currently ninth in the second tier, nine points off the play-off places.

    BBC Sport - Sheffield Wednesday: Thai group buys Championship club
    Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming "Wow! What a Ride!"

  2. #2
    Thailand Expat klong toey's Avatar
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    Fecking piggy fan.
    Come on Blades.

  3. #3
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    Hope he has a discount with steel and paint companies. When you rebuild a team you normally start with players. Swillsborough is a rust bucket with a backlog of maintenance needing urgent attention.
    The team needs a lot more than maintenance.

  4. #4
    Thailand Expat klong toey's Avatar
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    Last football match i went to was piggy's vs Chelsea in 1997 i don't support either team,score piggy's 1 Chelsea 4.
    Funny thing was when Chelsea scored i was the only person in a stand of about 10,000 that stood up and cheered.I went with some work mates not best pleased with me.
    Fecking Northerners have it.
    Fascists dress in black and go around telling people what to do, whereas priests... more drink!

  5. #5
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    Seriously, I hope it works for them. My dream is to have both Sheffield sides in the same division. Guaranteed 2 cracking derby games every year.

    Quote Originally Posted by klong toey
    Funny thing was when Chelsea scored i was the only person in a stand of about 10,000 that stood up and cheered.I went with some work mates not best pleased with me. Fecking Northerners have it.
    A workmate took me to Molineux once. Stood on their cop when Blades scored first. I jumped up and had to bite my knuckles to stop meself from cheering.

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