Takeover gives hope to Owls

The takeover of Sheffield Wednesday by Hafiz Mammadov has given new hope to Owls fans, although the owner’s ambition of a return to the Premier League may take a while to achieve.

Mammadov also ownes Baku of Azerbajan and French club Lens.   The deal is worth about £35 and is subject to ratification by the Football League.   His company specialises in oil, gas, construction and transporation in Azerbajan.

The takeover of Sheffield Wednesday by Hafiz Mammadov has given new hope to Owls fans, although the owner’s ambition of a return to the Premier League may take a while to achieve.

Mammadov also ownes Baku of Azerbajan and French club Lens.   The deal is worth about £35 and is subject to ratification by the Football League.   His company specialises in oil, gas, construction and transporation in Azerbajan.

Milan Manadric bought Wednesday for £1 in December 2010 and restructured the £30m debt, confirming his record as a successful club owner.   He brought the club stability and a platform for going forward.