Milan Mandaric has promised to do everything “humanly possible” to assist new Owls owner Hafiz Mammadov after the Azerbaijani businessman completed his takeover of the Championship outfit.
After several months of discussions, Wednesday confirmed the buy-out, believed to be in the region of 50million euros (£40.4m), yesterday, leaving supporters asking how much money Azerbaijan-born Mammadov will invest in the club.
Mammadov bought RC Lens last year and it is thought he spent an estimated 20million euros (£16.2m) to help transform their fortunes, culminating in promotion to the French top-flight last season.
Mandaric, who will stay on as chairman, has described Mammadov as a “special person” and believes he can lead them back into the Premier League.
He said: “I think our supporters will be excited and impressed by Mr Mammadov. I will do everything I can humanly possible to support his vision. He is a football man and exactly what this great football club needs.”
Mammadov admitted he is “immensely pleased and proud” to have bought Wednesday.