Complexation reactions of FeII and FeIII salts with the tridentate ligands 2‐(diphenylphosphanyl)benzaldehyde benzoylhydrazone [(H)PNO] and N‐[2‐(diphenylphosphanyl)benzylidene]‐2‐(2‐pyridyl)ethanamine (PNN) was carried out. For (H)PNO, reaction of a stoichiometric amount of anhydrous FeCl2 in the presence of a primary alcohol such as MeOH, EtOH or nBuOH gave the mixed‐valence FeII/FeIII paramagnetic complex [Fe{κ3‐(H)PNO}2]Cl[FeCl4], whereas the reaction between FeCl2 and a twofold excess of (H)PNO in the presence of AgOTf (OTf = triflate, OSO2CF3) led to the isolation of the bis‐chelate paramagnetic ferrous complex [Fe{κ3‐(H)PNO}2][OTf]2. A diamagnetic bis‐chelate ferrous complex [Fe{κ3‐(PNO)2}] was instead obtained from the reaction of FeCl2 with a twofold excess of (H)PNO in the presence of NaOMe. In the case of the PNN ligand, the 1:1 reaction with FeCl2 gave the neutral paramagnetic trigonal‐bipyramidal complex [Fe(κ3‐PNN)Cl2]. The X‐ray structures of [Fe{κ3‐(H)PNO}2]Cl[FeCl4], [Fe2{κ3‐(H)PNO}2Cl6] and [Fe(κ3‐PNN)Cl2] are reported, together with CV and magnetic susceptibility measurements and an ab initio study aimed at rationalizing the different stoichiometries and structures observed with the two tridentate ligands. (© Wiley‐VCH Verlag GmbH & Co. KGaA, 69451 Weinheim, Germany, 2007)