Owls coach Lee Bullen is relieved Hafiz Mammadov’s takeover of Sheffield Wednesday has been swiftly completed.
Multi millionaire Mammadov was confirmed as the club’s new owner yesterday. The Azerbaijani businessman agreed to buy the Hillsborough outfit from Milan Mandaric in a reported £40m deal.
The takeover has yet to be ratified by the Football League but Owls chairman Mandaric claims that will be a formality.
Mammadov, the founder and chairman of Azerbaijan-based Baghlan Group - which specialises in oil, gas, construction and transportation - has been backed to propel Wednesday back to the Premier League.
Former Owls defender Bullen is excited about their future following Mammadov’s arrival.
Bullen, who coaches the first-team and the Under-21s, said: “I don’t think it (the takeover) was a major shock because it has been in the pipeline for the last few days.
“We were all on tenterhooks to find out what was happening. It’s nice to know it has been sorted.
“It fills me with excitement but, in my position, there is also a little bit of trepidation because you never know what’s going to happen.
“From a supporters point of view, it’s a very exciting period.”
It is expected Mammadov, who also owns Azerbaijan side FC Baku and French Ligue One club RC Lens, will shortly sit down with Owls head coach Stuart Gray to discuss his playing budget.
Bullen said: “I’m sure Stuart [Gray] needs to have that conversation with the new powers at be to find out exactly where we stand when it comes to finances and budgets.
“We’ve been chasing targets but we’ve put them on hold a little bit because various bits and pieces have been going on in the background.
“I’m sure Stuart will have discussions with the new chairman and we will see exactly where we stand.”