“…[2,3] Although electron delocalisation over the phosphonio groups and the π-electron system is low, [2,4] the electrostatic influence of the substituents still induces a marked reduction in nucleophilicity relative to the anionic phospholide derivatives, and polarises the π-electron distribution in the ring. [2Ϫ4] As a consequence of these effects, bis(phosphonio)benzophospholides display a very balanced nucleophilic and electrophilic reactivity, which is the primary reason for their remarkable stability towards solvolysis and addition reactions, [1,3,5] and their preference to coordinate to transition metal atoms through the phosphorus lone-pair [3,6] rather than the π-electron system as most other phospholide-type ligands. [7] In the course of the investigation of the chemical properties of bis(phosphonio)benzophospholides, we established that reduction of 1 gives easy access to both neutral, zwitterionic phosphoniobenzophospholides 2, 3, and phosphanylbenzophospholide anions 4 (see Scheme 1).…”