Sheffield Wednesday takeover

[Bakero]

French sports newspaper L’Equipe is reporting that Azerbaijani businessman Hafiz Mammadov has completed a takeover of Sheffield Wednesday.

Wednesday fans are expecting him to clear their debts and spend a fair amount on players this summer (~£10 Mill). Another promotion competitor then.

 

[James Bond's body double]

Sheff Wed

 

[ditchy]

So i wonder who is next on Manderic's list. I dont think he has been sucessful at any of the clubs he has owned and all have had financial difficulties once he has left . Of course i was forgetting the meteoric success of Buying the FA cup with Portsmouth and then taking his money and running !

 

[Guinness Boy]

French sports newspaper L’Equipe is reporting that Azerbaijani businessman Hafiz Mammadov has completed a takeover of Sheffield Wednesday.

Wednesday fans are expecting him to clear their debts and spend a fair amount on players this summer (~£10 Mill). Another promotion competitor then.

Just so long as he doesn't go spoiling their authentic big club atmosphere with his weird Azerbaijani ways........

 

[TomandJerry]

Sheffield Wednesday

 

[greyseagull]

Couldn't care less

 

[HawkTheSeagull]

Well Forest did incredibly well to get promoted after spending all their money.....oh hang on.

Wont make the slightest bit of difference, id be more worried about Bournemouth myself.

 

[seagullsovergrimsby]

Sheffield Wednesday

 

[SouthCoastOwl]

Jury's out on this one. Waiting to see what happens.

Sheffield Wednesday

 

[LlcoolJ]

Going to a client tomorrow who is a massive Wednesday fan. I'll see what his take is on this.

 

[Footsoldier]

Why do these foreign buyers bother these days? Do they not understand the FFP rules?

 

[The Fifth Column]

The thing is he won't just clear their debts as I'm fairly certain he wont be allowed to do that under FFP. He will most likely absorb their debts, effectively taking them on from whoever they belong to at the moment. An Azerbaijani 'businessman' eh, that definitely doesnt sound dodgy at all does it? And when he has 'invested' a certain amount of his legitimate 'businessmans' money and had enough he will pull out and the debt which will no doubt be bigger by this stage will then be a debt to him. A cynical view but some of these clubs never seem to learn!

 

[Bakero]

Why do these foreign buyers bother these days? Do they not understand the FFP rules?

Wednesday have got potential though. They've been hamstrung for years by a relatively small amount of debt but if he clears that and can get some players in they could be MASSIVE again.

 

[sparkie]

I'm not convinced this will end well for them.

 

[Ernest]

It will end in tears like it does with all these FOREIGN owners

 

[Lady Whistledown]

An Azerbaijani millionaire with no previous connection to Sheffield or English football.

Nope, I can only see this turning out to be a HUGE success. Nothing could possibly go wrong.

 

[Green Cross Code Man]

Sheffield Pompey has a nice ring to it.

 

[worthingseagull123]

It will end in tears like it does with all these FOREIGN owners

Like at Man City, Chelsea and Arsenal? Their fans sure are miserable.

I don't think this is good for us, given it is another Championship club that can out spend us.

 

[Gwylan]

It will end in tears like it does with all these FOREIGN owners

They need a TRIED and TESTED British owner

 

[bn1&bn3 Albion]

Leicester and Forest showed it still takes time, can't see them being a massive danger this season.