Sheffield Wednesday have today been formally acquired by Thai businessman Dejphon Chansiri.

At a press conference held at Hillsborough this morning, Chansiri and outgoing Chairman Milan Mandaric have signed the relevant documentation in front of the assembled media, transferring control.

Mandaric spoke briefly but emotionally before a ceremonial transfer of the club to Chansiri.

“Straight away after meeting Chansiri, I knew I was dealing with a winner,” he said. “He will be a top chairmen for this club.”

Chansiri then addressed the media through a translator, revealing that he purchased the club for £37.5m and that the club is debt free with no loan charges held against Hillsborough Stadium.

Addressing the media for the first time, Chansiri said, “Everywhere I go in England, I see the importance of Sheffield Wednesday. It is a club with a rich history, has a passionate group of supporters who support the club through thick and thin.”

The new Chairmen also revealed he hopes to have Wednesday in a position to celebrate the 150th year of the club in the Premier League in 2017/18. “We are looking at making the necessary improvements to get the club back in the Premier League.”


Wednesday chairmen old and new

On current affairs, Chansiri said, “Stuart Gray is a good man and very knowledgeable. I’m very happy with the job he is doing and I give him my full support.”

Chansiri calmed the nerves of those who feared a hap-hazard approach to new business.

“At the end of the season we’ll evaluate the players and market in consultation with the manager. I believe there needs to be investment but it is not wise to just throw money at the club. Milan will remain a trusted advisor in the future.”

He also revealed that while Paul Aldridge will remain as CEO, the new regime will bring a group of trusted advisers from Thailand to assist with the running of the club.

Chansiri revealed plans to establish a club academy in Thailand and potentially bring players over to train in Sheffield.

And with that, the conference ceased to allow the new chairman the chance to speak to Sky Sports. Stick with OwlsAlive for the latest developments on another exciting day for the club.

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