Smurthwaite hired Portuguese boss Bruno Ribeiro on the recommendation of Owls head coach Carlos Carvalhal, as well as Aitor Karanka of Middlesbrough and Jose Mourinho of Manchester United, and suggested he has been promised 'Grade A' players from those clubs.
Sheffield Wednesday head coach Carlos Carvalhal
"We have two home games and Ribeiro will be the manager for both those home games," Smurthwaite told BBC Radio Stoke.
"I am expecting his friends who in part got him the job - Mourinho, the manager at Wednesday and Karanka, in their glowing references in the time I was interviewing for a manager - they now have to step up and actually deliver what it is I am told is going to happen.
"That is some Grade A players to complement and take us forward. If that doesn’t happen, then I will feel I have been a little bit hoodwinked."
But which players could make the switch from Hillsborough to Staffordshire? Here are three potential candidates:
The promising goalkeeper has been budged back down the pecking order after Joe Wildsmith's return from injury and is yet to experience a run of games in the Football League, despite various loan spells. That said, the Wednesday youngster may struggle to oust Jak Alnwick, who is Vale's joint-captain.
The Frenchman has not appeared for the Owls since April 2015, and doesn't even train with the first team, making him a certainty to leave at the end of his contract next summer - if not before. A temporary spell in League One could put the versatile defender firmly in the shop window.
Still only 17, Wednesday are treading very carefully with the free-scoring striker, allowing him only a brief taste of the first team so far. Hirst is sure to hone his skills on loan at some point, which could ease some of the pressure that comes with playing for the Owls whilst having his genes.