The synthesis of the new ligand bis(6‐diphenylphosphinoacenaphth‐5‐yl)sulfoxide, [6‐(Ph2P)‐5‐Ace‐6]2‐SO (1), is presented along with six transition metal complexes thereof, namely, 1·MCl (M = Rh, Cu, Ag, Au) and 1·MCl2 (M = Ni, Pd). Within these novel complexes, close metal‐sulfur distances are observed and the nature of the M–S coordination, as well as the response of the +S–O– bond, are investigated in detail with a set of spectroscopic, crystallographic and real‐space bonding indicators.