The donor‐functionalised cyclopentadiene derivative 1 acts as a neutral chelate ligand and forms the zinc and mercury complexes 2 and 3 upon treatment with HgCl2 or ZnCl2. Due to the predefined geometry of 1, the MCl2 moieties are found in close proximity to the π‐system of the cyclopentadiene. In the mercury compound 3 there is some evidence for a bond between the d10‐ion and the ring carbon atoms, although this is not conclusive. The zinc compound 2, however, clearly shows an interaction between the metal atom and the cyclopentadiene fragment. At the same time the bond between the Cp ring and the Me3Si group is weakened.