The reaction of the carborane nido‐5,6‐C2B8H12 (1) with PCl3 in dichloromethane in the presence of a “proton sponge” [PS = 1,8‐bis(dimethylamino)naphthalene], followed by hydrolysis of the reaction mixture, resulted in the isolation of the eleven‐vertex nido‐phosphadicarbaboranes 7,8,9‐PC2B8H11 (2) and 10‐Cl‐7,8,9‐PC2B8H10 (10‐Cl‐2), depending on the ratio of the reactants. Both of these compounds can be deprotonated by PS to give the nido anions [7,8,9‐PC2B8H10]− (2−) and [10‐Cl‐7,8,9‐PC2B8H9]− (10‐Cl‐2−). The molecular geometries of all compounds were optimized by ab initio methods at a correlated level of theory [RMP2(fc)] using the 6‐31G* basis set and their correctness was assessed by a comparison of the experimental 11B NMR chemical shifts with those calculated by the GIAO‐SCF/II//RMP2(fc)/6‐31G* method. Moreover, the structure of 10‐Cl‐2− was determined by an X‐ray diffraction analysis. The anionic compounds 2− and 10‐Cl‐2− are analogs of the Cp (Cp = η5‐C5H5−) anion. (© Wiley‐VCH Verlag GmbH, 69451 Weinheim, Germany, 2002)