Sheffield Wednesday have announced that an agreement has been reached between Milan Mandaric on behalf of UKFI Limited and Mr Dejphon Chansiri to acquire 100% of the shareholding in the football club.
Mr Chansiri, from Thailand, and his 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 on the club's official website, Mr Chansiri said, “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.”
He added: “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 Thai businessman went on to confirm that during the process of acquiring the club, he made funds available to allow the club to sign two loan players from Chelsea and Manchester United respectively.
Speaking of Mr Chansiri, former owner Milan Mandaric said, “From the first time I met Dejphon I felt he was the right person for this fantastic club, his business expertise and passion made him stand out from the other interested parties that I have spoken to since I announced that Mr Mammadov could no longer fulfil his obligation to purchase the club.”
Wednesday are currently ninth in the Championship, and nine points behind Watford, who currently occupy the final play-off place.